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Argentina - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Maize Market Overview 2021

Maize Market Size in Argentina

In 2020, the Argentinian maize market decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption showed a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Maize Production in Argentina

In value terms, maize production dropped to $X in 2020 estimated in export prices. In general, production recorded a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

The average yield of maize (green) in Argentina was estimated at X kg per ha in 2020, remaining constant against the previous year. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the maize harvested area in Argentina amounted to X ha, approximately reflecting 2019. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Maize Exports

Exports from Argentina

In 2020, shipments abroad of maize (green) increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Overall, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, maize exports shrank sharply to $X in 2020. In general, exports recorded a slight contraction. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

Uruguay (X tonnes) was the main destination for maize exports from Argentina, accounting for a X% share of total exports. Moreover, maize exports to Uruguay exceeded the volume sent to the second major destination, Chile (X tonnes), sixfold.

From 2007 to 2020, the average annual growth rate of volume to Uruguay totaled +X%.

In value terms, Uruguay ($X) remains the key foreign market for maize exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Uruguay stood at +X%.

Export Prices by Country

The average maize export price stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Chile ($X per tonne), while the average price for exports to Uruguay amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay.

Maize Imports

Imports into Argentina

In 2020, purchases abroad of maize (green) increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a slight setback. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, maize imports skyrocketed to $X in 2020. Over the period under review, imports, however, recorded a perceptible slump. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of maize to Argentina, with a X% share of total imports. Moreover, maize imports from the U.S. exceeded the figures recorded by the second-largest supplier, Chile (X tonnes), sevenfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and India (+X% per year).

In value terms, the U.S. ($X), Chile ($X) and Brazil ($X) appeared to be the largest maize suppliers to Argentina, with a combined X% share of total imports. India and France lagged somewhat behind, together accounting for a further X terms of the main suppliers, India saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average maize import price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Chile ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize (green) in the world?
+
The U.S. (3M tonnes) remains the largest maize consuming country worldwide, comprising approx. 25% of total volume. Moreover, maize consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Croatia (906K tonnes), threefold. The third position in this ranking was occupied by Nigeria (815K tonnes), with a 6.6% share.
What are the largest producers of maize (green) in the world?
+
The U.S. (2.8M tonnes) constituted the country with the largest volume of maize production, comprising approx. 23% of total volume. Moreover, maize production in the U.S. exceeded the figures recorded by the second-largest producer, Mexico (1M tonnes), threefold. Croatia (905K tonnes) ranked third in terms of total production with a 7.5% share.
What are the leading suppliers of maize (green) to Argentina?
+
In value terms, the U.S. ($556K), Chile ($507K) and Brazil ($44K) constituted the largest maize suppliers to Argentina, with a combined 97% share of total imports. India and France lagged somewhat behind, together accounting for a further 1.7%.
What are the leading importers of maize (green) from Argentina?
+
In value terms, Uruguay ($614K) remains the key foreign market for maize exports from Argentina, comprising 81% of total exports. The second position in the ranking was occupied by Chile ($146K), with a 19% share of total exports.
What is the average export price for maize (green) in Argentina?
+
In 2020, the average maize export price amounted to $395 per tonne, waning by -46.4% against the previous year.
What is the average import price for maize (green) in Argentina?
+
In 2020, the average maize import price amounted to $8,085 per tonne, picking up by 113% against the previous year.

Product coverage:
• FCL 446 - Green Corn (Maize)

This report provides an in-depth analysis of the maize market in Argentina. 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 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• 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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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