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South-Eastern Asia - Maize - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Maize Market Overview 2021

Maize Market Size in South-Eastern Asia

The Southeast Asian maize market expanded markedly to $X in 2020, increasing by X% against the previous year. The total consumption indicated a strong increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the near future.

Maize Production in South-Eastern Asia

In value terms, maize production rose sharply to $X in 2020 estimated in export prices. Overall, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The level of production peaked at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Indonesia (X tonnes) remains the largest maize producing country in South-Eastern Asia, comprising approx. X% of total volume. Moreover, maize production in Indonesia exceeded the figures recorded by the second-largest producer, the Philippines (X tonnes), fourfold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

In Indonesia, maize production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: the Philippines (+X% per year) and Viet Nam (+X% per year).

In 2020, the average yield of maize in South-Eastern Asia rose modestly to X tonnes per ha, increasing by X% on the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the maize yield attained the maximum level in 2020 and is likely to see gradual growth in the near future. 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 South-Eastern Asia expanded modestly to X ha, with an increase of X% on the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% year-to-year. The level of harvested area peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in South-Eastern Asia

Indonesia (X tonnes) remains the largest maize producing country in South-Eastern Asia, comprising approx. X% of total volume. Moreover, maize production in Indonesia exceeded the figures recorded by the second-largest producer, the Philippines (X tonnes), fourfold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Indonesia amounted to +X%. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and Viet Nam (+X% per year).

Maize Exports

Exports in South-Eastern Asia

In 2020, shipments abroad of maize increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, exports saw a remarkable increase. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. The volume of export peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, maize exports skyrocketed to $X in 2020. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. The level of export peaked in 2020 and is likely to see steady growth in the near future.

Exports by Country

Myanmar was the key exporter of maize in South-Eastern Asia, with the volume of exports recording X tonnes, which was near X% of total exports in 2020. Viet Nam (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Lao People's Democratic Republic (X%). Indonesia (X tonnes) held a little share of total exports.

Exports from Myanmar increased at an average annual rate of +X% from 2007 to 2020. At the same time, Viet Nam (+X%) and Lao People's Democratic Republic (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Indonesia experienced a relatively flat trend pattern. From 2007 to 2020, the share of Myanmar and Viet Nam increased by +X% and +X% percentage points, while Lao People's Democratic Republic (-X p.p.) and Indonesia (-X p.p.) saw their share reduced.

In value terms, Myanmar ($X) remains the largest maize supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with a X% share.

In Myanmar, maize exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Lao People's Democratic Republic (+X% per year).

Export Prices by Country

The maize export price in South-Eastern Asia stood at $X per tonne in 2020, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Maize Imports

Imports in South-Eastern Asia

In 2020, imports of maize in South-Eastern Asia rose markedly to X tonnes, picking up by X% compared with 2019. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in years to come.

In value terms, maize imports surged to $X in 2020. In general, imports posted a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to continue growth in the immediate term.

Imports by Country

Viet Nam represented the major importer of maize in South-Eastern Asia, with the volume of imports recording X tonnes, which was near X% of total imports in 2020. It was distantly followed by Malaysia (X tonnes) and Thailand (X tonnes), together achieving a X% share of total imports. Indonesia (X tonnes) and the Philippines (X tonnes) held a minor share of total imports.

Imports into Viet Nam increased at an average annual rate of +X% from 2007 to 2020. At the same time, Thailand (+X%), the Philippines (+X%), Malaysia (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Viet Nam (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the total imports, while the Philippines, Indonesia and Malaysia saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively.

In value terms, Viet Nam ($X) constitutes the largest market for imported maize in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

In Viet Nam, maize imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The maize import price in South-Eastern Asia stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2011 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Philippines ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize in South-Eastern Asia?
+
Indonesia (34M tonnes) constituted the country with the largest volume of maize consumption, comprising approx. 47% of total volume. Moreover, maize consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Viet Nam (17M tonnes), twofold. The Philippines (8.6M tonnes) ranked third in terms of total consumption with a 12% share.
What are the largest producers of maize in South-Eastern Asia?
+
The country with the largest volume of maize production was Indonesia (33M tonnes), comprising approx. 60% of total volume. Moreover, maize production in Indonesia exceeded the figures recorded by the second-largest producer, the Philippines (8.1M tonnes), fourfold. Viet Nam (4.8M tonnes) ranked third in terms of total production with a 8.8% share.
What are the leading exporters of maize in South-Eastern Asia?
+
In value terms, Myanmar ($383M) remains the largest maize supplier in South-Eastern Asia, comprising 58% of total exports. The second position in the ranking was occupied by Viet Nam ($127M), with a 19% share of total exports. It was followed by Lao People's Democratic Republic, with a 7.4% share.
What are the leading importers of maize in South-Eastern Asia?
+
In value terms, Viet Nam ($2.4B) constitutes the largest market for imported maize in South-Eastern Asia, comprising 61% of total imports. The second position in the ranking was occupied by Malaysia ($793M), with a 20% share of total imports. It was followed by Thailand, with a 7.1% share.
What is the average export price for maize in South-Eastern Asia?
+
The maize export price in South-Eastern Asia stood at $273 per tonne in 2020, with an increase of 4% against the previous year.
What is the average import price for maize in South-Eastern Asia?
+
In 2020, the maize import price in South-Eastern Asia amounted to $206 per tonne, increasing by 11% against the previous year.

Product coverage:
• FCL 56 - Maize

This report provides an in-depth analysis of the maize market in South-Eastern Asia. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
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 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 2007–2020
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 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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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