World - Maize - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Maize - Market Analysis, Forecast, Size, Trends and Insights

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Fertilizer for Maize Planting

Fertilizer is a crucial element in maize planting as it plays a vital role in promoting crop growth, optimizing yield, and ensuring nutrient availability for the plants. Maize, also known as corn, is a high-demand crop that requires specific nutrients for its healthy development. The right balance of fertilizers can significantly improve the productivity and overall quality of maize crops.

Maize plants have specific nutrient requirements throughout their growth stages. The primary nutrients essential for maize farming include nitrogen (N), phosphorus (P), and potassium (K), commonly known as NPK. These nutrients are crucial for plant growth, and their deficiency can lead to stunted growth, reduced yields, and poor crop quality. Apart from NPK, maize also requires secondary nutrients like calcium (Ca), magnesium (Mg), and sulfur (S) in smaller quantities.

The selection and application of fertilizer for maize planting depend on various factors such as soil type, climate, crop stage, and nutrient requirements. Soil testing is a useful tool to determine the nutrient content and pH of the soil, which helps in making informed decisions about fertilizer application. Nutrient deficiencies or excesses can be identified through soil testing, enabling farmers to apply the appropriate fertilizer.

Nitrogen is one of the most critical nutrients for maize growth. It promotes leaf and stem development, enhances chlorophyll production, and improves overall plant vigor. Nitrogen fertilizers such as urea, ammonium nitrate, or ammonium sulfate are commonly used to supply nitrogen to maize crops. The application rate and timing of nitrogen fertilizer depend on the growth stage of the crop. Split applications are often recommended to prevent nitrogen loss through leaching or volatilization.

Phosphorus is vital for root development, seedling growth, and early plant establishment. It aids in energy transfer and plays a significant role in the synthesis of DNA and RNA. Phosphorus fertilizers like diammonium phosphate (DAP) or triple superphosphate (TSP) are commonly used to provide phosphorus to maize plants. These fertilizers are usually applied at planting or as a starter fertilizer to ensure its availability during the critical early growth stages.

Potassium is essential for maize crop due to its involvement in various physiological processes such as photosynthesis, water and nutrient uptake, and disease resistance. Potassium deficiency can result in weak stalks, lower stress tolerance, and decreased yield potential. Potassium fertilizers such as potassium chloride (KCl) or potassium sulfate (K2SO4) are commonly used to supply potassium to maize plants. The timing and rate of potassium application depend on soil test results and crop demand.

In addition to the primary nutrients, maize also requires secondary nutrients and micronutrients. Calcium is essential for cell wall formation and cell division in maize crops. Magnesium is a constituent of chlorophyll and is involved in photosynthesis. Sulfur is necessary for protein synthesis and nitrogen metabolism. Secondary nutrient deficiencies can be rectified by applying fertilizers containing these respective nutrients.

The application method for maize fertilizers can vary based on the type of fertilizer, soil type, and farming practices. Fertilizers can be applied as a basal dose during planting, top-dressed during the growing season, or incorporated into the soil through irrigation systems. Appropriate timing and placement of fertilizers aid in their efficient utilization by maize crops.

Overall, fertilizer plays a vital role in maize planting by providing essential nutrients required for growth and development. By understanding the specific nutrient requirements of maize plants and using appropriate fertilizers at the right time, farmers can optimize their maize yields, improve crop quality, and contribute to food security and agricultural sustainability.

This report provides an in-depth analysis of the global maize market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 56 - Maize

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Viterra, Cargill, Bunge, Dreyfus, Archer Daniels Midland Company, Krasnodaragroalliance, TPK Varna, Maize Corporation, Westland Corporation, Kyodo Yushi Manufacturing Americas, ICAMED, SEA, Genesis Harvest Trade & Co, Adjacent Properties Corp, Genuine Energy Inc, UBiquitousGCS LLC International Import Export, F. Garcia, Calgrain Corporation, Star Trading Inc., Dcosta Padma, Monzelle Commodities, Daah Volta Farms, Triumph Global, Agtrium International, Leo Taurus Corp., Macvern Distribution Limited, Adjacent Properties Corp.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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Blog
Event
Maize Market Overview and Forecast 2022
Aug 26, 2022
Eye 1631

The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.

Maize Market Outlook: Production, Trends, Prices and Forecast 2022
Jul 7, 2022
Eye 1519

The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025. 

Record Production in 2022 to Curb Corn Price Growth
Feb 16, 2022
Eye 519

In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions. 

Global Corn Market Maintains Steady Growth Despite Lower Bioethanol Demand
Apr 16, 2021
Eye 1286

Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.

Global Maize Market - Animal Feed and Biofuel Sectors to Drive Consumption
Sep 25, 2018
Eye 1512

Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long

Vietnam Emerges as the Fastest Growing Maize Importer
Apr 11, 2018
Eye 1007

The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>

Which Country Consumes the Most Maize in the World?
Feb 9, 2018
Eye 5386

Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.

Which Country Produces the Most Maize in the World?
Oct 31, 2017
Eye 1358

In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.

Maize Market - Explore Amaizing-Acres’ Corn Maze in Missouri This Fall
Aug 31, 2015
Eye 1208

Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.

Top Import Markets for Grain: China, Japan, Mexico, and More
Nov 30, 2023
Eye 238

Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.

Free Data: Maize - World