As of 2024, the United States and China dominate the global corn domestic consumption share, accounting for 26.33% and 25.43% respectively. Other significant consumers include Brazil (6.48%), Mexico (3.87%), and India (2.61%). Over the past year, notable year-on-year consumption increases were observed in Russia (5.1%), Pakistan (8.55%), Bangladesh (6.62%), Venezuela (6.64%), Mozambique (6.64%), and Uzbekistan (6.74%). Conversely, reductions were noted in Ukraine (-2.37%), Belarus (-5.83%), and Syria (-12.71%). The Compound Annual Growth Rate (CAGR) over the last five years indicates steady growth in corn consumption across most regions, albeit with variations influenced by economic, agricultural, and political factors.
Future trends to watch include:
- Continued dominance by the United States and China in corn consumption, driven by their large agricultural sectors and rising demand for livestock feed and biofuels.
- Emerging markets like Pakistan, Bangladesh, Nigeria, and Sub-Saharan African countries showing significant upticks in consumption.
- The impact of geopolitical dynamics, climate change, and trade policies on corn production and distribution, potentially affecting global supply chains and consumption patterns.
Top countries in Corn Domestic Consumption Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 26.33 | 2023 | +2.33% | +0.28% | View data |
| 2 | 2 China | 25.43 | 2023 | +1.67% | +2.1% | View data |
| 3 | 3 Brazil | 6.48 | 2023 | +3.33% | +2.95% | View data |
| 4 | 4 Mexico | 3.87 | 2023 | +1.31% | +0.98% | View data |
| 5 | 5 India | 2.61 | 2023 | -9.83% | +1.83% | View data |
| 6 | 6 Canada | 1.36 | 2023 | +8.54% | +1.43% | View data |
| 7 | 7 Egypt | 1.31 | 2023 | +13.87% | -0.75% | View data |
| 8 | 8 Japan | 1.3 | 2023 | +3.33% | -0.63% | View data |
| 9 | 9 Vietnam | 1.18 | 2023 | +2.17% | -0.071% | View data |
| 10 | 10 Argentina | 1.18 | 2023 | +20.51% | +0.43% | View data |
