Report Asia-Pacific - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 22, 2023

Asia-Pacific - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Maize Market 2023

Maize Market Size in Asia-Pacific

The Asia-Pacific maize market amounted to $X in 2021, picking up by 7.7% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Maize Production in Asia-Pacific

In value terms, maize production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 15%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Indonesia (X tons), China (X tons) and Thailand (X tons), together accounting for 59% of total production. These countries were followed by Papua New Guinea, Japan, Pakistan and India, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +23.5%), while production for the other leaders experienced more modest paces of growth.

In 2021, the average maize yield in Asia-Pacific amounted to X tons per ha, with an increase of 1.9% against 2020. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by 19% against the previous year. Over the period under review, the maize yield reached the maximum level at X tons per ha in 2013; however, from 2014 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of maize (green) production in Asia-Pacific amounted to X ha, leveling off at the previous year. The harvested area increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 with an increase of 7.9%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2021, the harvested area failed to regain momentum.

Maize Exports

Exports in Asia-Pacific

After three years of decline, overseas shipments of maize (green) increased by 1.3% to X tons in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 54%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, maize exports reached $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -17.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X tons) was the major exporter of maize (green), committing 49% of total exports. India (X tons) took the second position in the ranking, distantly followed by Thailand (X tons), Pakistan (X tons) and Malaysia (X tons). All these countries together took near 47% share of total exports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +9.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest maize supplier in Asia-Pacific, comprising 52% of total exports. The second position in the ranking was held by India ($X), with a 15% share of total exports. It was followed by Thailand, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +9.2%. In the other countries, the average annual rates were as follows: India (+4.9% per year) and Thailand (+4.2% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2016 when the export price increased by 68% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Thailand ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the other leaders experienced more modest paces of growth.

Maize Imports

Imports in Asia-Pacific

In 2021, purchases abroad of maize (green) increased by 28% to X tons, rising for the fourth year in a row after two years of decline. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +87.5% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 43%. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, maize imports surged to $X in 2021. Overall, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 36%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Hong Kong SAR represented the major importing country with an import of around X tons, which recorded 45% of total imports. Malaysia (X tons) took the second position in the ranking, followed by Singapore (X tons), Nepal (X tons) and Afghanistan (X tons). All these countries together took approx. 44% share of total imports. The following importers - Macao SAR (X tons) and South Korea (X tons) - together made up 5.3% of total imports.

Imports into Hong Kong SAR increased at an average annual rate of +12.8% from 2012 to 2021. At the same time, Nepal (+46.5%), Malaysia (+10.8%), Afghanistan (+9.6%) and Macao SAR (+5.9%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +46.5% from 2012-2021. Singapore experienced a relatively flat trend pattern. By contrast, South Korea (-3.0%) illustrated a downward trend over the same period. Hong Kong SAR (+13 p.p.), Nepal (+7.8 p.p.) and Malaysia (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Singapore saw its share reduced by -3.8% and -13.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported maize (green) in Asia-Pacific, comprising 59% of total imports. The second position in the ranking was taken by Singapore ($X), with a 13% share of total imports. It was followed by Malaysia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Hong Kong SAR stood at +34.1%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (+4.6% per year) and Malaysia (+11.7% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, rising by 1.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2020 when the import price increased by 23% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for maize (green) in Asia-Pacific?
+
The countries with the highest volumes of consumption in 2021 were Indonesia, Thailand and Papua New Guinea, together comprising 53% of total consumption. These countries were followed by Japan, Hong Kong SAR, Pakistan and China, which together accounted for a further 31%.
What are the largest producers of maize (green) in Asia-Pacific?
+
The countries with the highest volumes of production in 2021 were Indonesia, China and Thailand, with a combined 59% share of total production. These countries were followed by Papua New Guinea, Japan, Pakistan and India, which together accounted for a further 34%.
What are the leading suppliers of maize (green) in Asia-Pacific?
+
In value terms, China remains the largest maize supplier in Asia-Pacific, comprising 52% of total exports. The second position in the ranking was taken by India, with a 15% share of total exports. It was followed by Thailand, with a 14% share.
What are the leading importers of maize (green) in Asia-Pacific?
+
In value terms, Hong Kong SAR constitutes the largest market for imported maize green) in Asia-Pacific, comprising 59% of total imports. The second position in the ranking was held by Singapore, with a 13% share of total imports. It was followed by Malaysia, with an 11% share.
What is the average export price for maize (green) in Asia-Pacific?
+
The export price in Asia-Pacific stood at $1,070 per ton in 2021, approximately equating the previous year.
What is the average import price for maize (green) in Asia-Pacific?
+
The import price in Asia-Pacific stood at $1,253 per ton in 2021, picking up by 1.8% against the previous year.

This report provides an in-depth analysis of the maize market in Asia-Pacific. 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:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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
REPORT DESCRIPTION
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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Vietnam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2007-2022
Table 7:
Yield, By Country, 2007-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
Table 14:
Producer Prices, By Major Producing Country, 2022
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Area Harvested, 2012–2022
Figure 20:
Yield, 2012–2022
Figure 21:
Production, By Country, 2022
Figure 22:
Production, In Physical Terms, By Country, 2012–2022
Figure 23:
Harvested Area, By Country, 2022
Figure 24:
Harvested Area, By Country, 2007-2022
Figure 25:
Yield, By Country, 2007-2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, 2012–2022
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