The global maize market volume in 2023 saw Mexico leading in production at 14.95 million metric tons, followed by India, China, Indonesia, and Nigeria. Most countries experienced positive year-on-year growth, with notable increases in Ukraine, France, and Senegal over the last two years. Germany and some other European countries saw declines. Key producers like Brazil and the United States showed modest and stable growth. The Compound Annual Growth Rate (CAGR) highlighted steady growth in emerging markets and significant variability in mature markets.
Future trends to watch include:
- Continued dominance of major producers with stable yields.
- Increasing importance of emerging markets like Ethiopia and Vietnam.
- Impact of agricultural technology and climate change on production patterns.
Top countries in Maize Market Size Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 14,950 | 2023 | +0.22% | +0.18% | View data |
| 2 | 2 India | 11,670 | 2023 | +1.49% | +1.85% | View data |
| 3 | 3 China | 10,540 | 2023 | +0.16% | +0.1% | View data |
| 4 | 4 Indonesia | 7,750 | 2023 | +1.31% | +1.31% | View data |
| 5 | 5 Nigeria | 6,870 | 2023 | +0.94% | +0.79% | View data |
| 6 | 6 Brazil | 6,030 | 2023 | +0.28% | +0.23% | View data |
| 7 | 7 Egypt | 6,010 | 2023 | +0.38% | +0.36% | View data |
| 8 | 8 South Africa | 5,650 | 2023 | +0.018% | +0.56% | View data |
| 9 | 9 Ethiopia | 5,340 | 2023 | +1.1% | +1.09% | View data |
| 10 | 10 Pakistan | 4,290 | 2023 | +1.78% | +1.86% | View data |
