Report China - Maize - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 11, 2023

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

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China: Maize Market 2023

Maize Market Size in China

The Chinese maize market was estimated at $X in 2021, rising by 13% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Maize Production in China

In value terms, maize production reached $X in 2021 estimated in export price. In general, production, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of 2.9%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

In 2021, the average maize yield in China dropped slightly to X tons per ha, almost unchanged from 2020 figures. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 3.5%. The maize yield peaked at X tons per ha in 2020, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area in China was estimated at X ha in 2021, standing approx. at 2020 figures. The harvested area increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 21%. As a result, the harvested area reached the peak level of X ha. From 2016 to 2021, the growth of the maize harvested area failed to regain momentum.

Maize Exports

Exports from China

In 2021, the amount of maize exported from China skyrocketed to X tons, jumping by 172% against the previous year. In general, exports, however, showed a precipitous setback. The growth pace was the most rapid in 2017 with an increase of 1,262%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, maize exports soared to $X in 2021. Over the period under review, exports, however, faced a precipitous setback. The pace of growth was the most pronounced in 2017 when exports increased by 569%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Zambia (X tons), Lao People's Democratic Republic (X tons) and Vietnam (X tons) were the main destinations of maize exports from China, together accounting for 84% of total exports. Russia, Angola, Tajikistan, Taiwan (Chinese) and the Netherlands lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +328.1%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the key foreign market for maize exports from China, comprising 59% of total exports. The second position in the ranking was held by Zambia ($X), with an 18% share of total exports. It was followed by Lao People's Democratic Republic, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value to Vietnam stood at +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (0.0% per year) and Lao People's Democratic Republic (+13.4% per year).

Export Prices by Country

In 2021, the average maize export price amounted to $X per ton, reducing by -38% against the previous year. In general, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 353% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell sharply in the following year.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+101.8%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into China

For the third year in a row, China recorded growth in overseas purchases of maize, which increased by 438% to X tons in 2021. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 455%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, maize imports surged to $X in 2021. In general, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) was the main maize supplier to China, accounting for a 96% share of total imports. Moreover, maize imports from the United States exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+80.6% per year) and Myanmar (-15.6% per year).

In value terms, the United States ($X) constituted the largest supplier of maize to China, comprising 70% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+81.3% per year) and Myanmar (-26.9% per year).

Import Prices by Country

The average maize import price stood at $X per ton in 2021, declining by -39.9% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of 75%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ukraine ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+0.4%), while the prices for the other major suppliers experienced a decline.

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 in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Brazil, with a combined 58% share of global consumption. Mexico, India, Indonesia and Argentina lagged somewhat behind, together comprising a further 9%.
What are the largest producers of maize in the world?
+
The countries with the highest volumes of production in 2021 were the United States, China and Brazil, with a combined 62% share of global production. Argentina, Ukraine, India, Mexico and Indonesia lagged somewhat behind, together comprising a further 15%.
What are the leading suppliers of maize to China?
+
In value terms, the United States constituted the largest supplier of maize to China, comprising 70% of total imports. The second position in the ranking was taken by Ukraine, with a 29% share of total imports.
What are the leading importers of maize from China?
+
In value terms, Vietnam remains the key foreign market for maize exports from China, comprising 59% of total exports. The second position in the ranking was taken by Zambia, with an 18% share of total exports. It was followed by Lao People's Democratic Republic, with a 9.9% share.
What is the average export price for maize in China?
+
In 2021, the average maize export price amounted to $1,052 per ton, which is down by -38% against the previous year.
What is the average import price for maize in China?
+
In 2021, the average maize import price amounted to $183 per ton, shrinking by -39.9% against the previous year.

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 56 - 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:
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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
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, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Area Harvested, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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