Germany: Maize Market 2024

Maize Market Size in Germany

In 2022, the German maize market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Maize Production in Germany

In value terms, maize production rose to $X in 2022 estimated in export price. Overall, production recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Maize production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of maize in Germany dropped slightly to X tons per ha in 2022, with a decrease of X% against the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average maize yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of maize were harvested in Germany; approximately equating 2021. In general, the harvested area recorded a pronounced curtailment. The pace of growth was the most pronounced in 2017 when the harvested area increased by X%. The maize harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Maize Exports

Exports from Germany

In 2022, after two years of growth, there was significant decline in shipments abroad of maize, when their volume decreased by X% to X tons. In general, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, maize exports dropped to $X in 2022. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for maize exports from Germany, accounting for a X% share of total exports. Moreover, maize exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Austria (X% per year).

In value terms, the largest markets for maize exported from Germany were the Netherlands ($X), France ($X) and Austria ($X), with a combined X% share of total exports.

Among the main countries of destination, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average maize export price amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into Germany

In 2022, overseas purchases of maize were finally on the rise to reach X tons after two years of decline. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, maize imports soared to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of maize to Germany, with a X% share of total imports. Moreover, maize imports from Poland exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Ukraine (X% per year).

In value terms, the largest maize suppliers to Germany were Poland ($X), France ($X) and Ukraine ($X), together accounting for X% of total imports.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average maize import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Austria ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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