Forecast: Import of Maize Groats or Meal to the Netherlands

Throughout the data from 2013 to 2023, the import of maize groats or meal to the Netherlands shows a varied pattern. From a volume of 12.237 million kilograms in 2013, the value has experienced significant fluctuations. A notable decline occurred in 2014 (-23.55%), followed by a substantial recovery in 2015 (+59.18%). Growth stabilized somewhat in subsequent years, with a peak increase of 19.11% in 2018. However, for the last two years (2022-2023), the year-on-year growth rate has hovered around 1%, showcasing a moderate and stable trend. As of 2023, the import volume stands at 16.845 million kilograms.

Over the last five years, the compound annual growth rate (CAGR) averages around 0.13%, indicating a period of low growth. The forecast predicts a slight continuous increase, with a 5-year CAGR of 0.71%, projecting the import volume to reach around 17.618 million kilograms by 2028, reflecting an overall growth rate of 3.6% during this period.

Future trends to watch for include potential changes in global maize production, trade policies, and shifts in domestic demand within the Netherlands. It is also essential to monitor any emerging trends in alternative grains or changes in consumer preferences that could impact future import volumes.

Top Countries about Maize