China - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize Price in China - 2023
Contents:
- Maize Price in China (FOB) - 2023
- Maize Price in China (CIF) - 2022
- Maize Exports in China
- Maize Imports in China
Maize Price in China (FOB) - 2023
In September 2023, the average maize export price amounted to $1,382 per ton, shrinking by -18.1% against the previous month. Overall, the export price saw a mild downturn. The pace of growth was the most pronounced in May 2023 an increase of 31% month-to-month. Over the period under review, the average export prices reached the maximum at $1,687 per ton in August 2023, and then dropped notably in the following month.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Russia ($1,180 per ton), while the average price for exports to Mongolia ($142 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Maize Price in China (CIF) - 2022
The average maize import price stood at $965 per ton in 2022, shrinking by -3.3% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price decreased by -3.1% against the previous year. The import price peaked at $2,447 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($8,000 per ton), while the price for Hungary ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+71.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Exports in China
In 2022, the amount of maize (green) exported from China fell to 258K tons, declining by -8.2% against 2021. In general, exports faced a abrupt descent.
In value terms, maize exports rose remarkably to $362M in 2022. Overall, exports continue to indicate a relatively flat trend pattern.
| Export of Maize in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 26.0 | 30.1 | 56.6 | 69.9 | 39.0% |
| Thailand | 5.9 | 10.7 | 10.0 | 12.1 | 27.1% |
| Vietnam | 6.0 | 6.1 | 5.2 | 7.6 | 8.2% |
| Singapore | 7.3 | 15.0 | 5.6 | 4.9 | -12.4% |
| Russia | 6.4 | 4.7 | 5.6 | 4.9 | -8.5% |
| United Arab Emirates | 0.6 | 0.8 | 1.2 | 1.6 | 38.7% |
| Mongolia | 2.4 | 2.8 | 2.3 | 0.9 | -27.9% |
| Macao SAR | 6.5 | N/A | N/A | N/A | 0% |
| Hong Kong SAR | 297 | N/A | N/A | N/A | 0% |
| Others | 12.2 | 282 | 238 | 260 | 177.2% |
| Total | 371 | 352 | 324 | 362 | -0.8% |
Top Export Markets for Maize from China in 2022:
- Malaysia (53.4K tons)
- Vietnam (12.8K tons)
- Thailand (11.3K tons)
- Singapore (9.4K tons)
- Mongolia (5.6K tons)
- Russia (4.5K tons)
- United Arab Emirates (1.9K tons)
Maize Imports in China
After two years of decline, overseas purchases of maize (green) decreased by -47.8% to 228 kg in 2022. Overall, imports faced a precipitous curtailment.
In value terms, maize imports dropped dramatically to $220 in 2022. Over the period under review, imports faced a dramatic shrinkage.
| Import of Maize in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.7 | N/A | N/A | 0.1 | -78.9% |
| Brazil | 1.3 | N/A | N/A | N/A | 0% |
| South Korea | 4.5 | N/A | N/A | N/A | 0% |
| Hungary | N/A | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Vietnam | 46.4 | N/A | N/A | N/A | 0% |
| United Kingdom | 2.4 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Lao People's Democratic Republic | 11.6 | N/A | 0.1 | N/A | -90.7% |
| Myanmar | 4.8 | N/A | N/A | N/A | 0% |
| Italy | 1.7 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Ukraine | N/A | N/A | N/A | N/A | 0% |
| Others | 314 | N/A | 0.3 | 0.1 | -93.2% |
| Total | 398 | N/A | 0.4 | 0.2 | -92.0% |
Top Suppliers of Maize to China in 2022:
- United States (16.0 kg)
- Ukraine (1.0 kg)
- Turkey (1.0 kg)
- Italy (1.0 kg)
- France (1.0 kg)
- United Kingdom (1.0 kg)
- Belgium (1.0 kg)
- Hungary (1.0 kg)
- South Korea (1.0 kg)
- Brazil (1.0 kg)
This report provides an in-depth analysis of the maize market in China. 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 446 - Green Corn (Maize)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
758
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