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

U.S. - Maize - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Maize Market 2023

Maize Market Size in the U.S.

The U.S. maize market fell to $X in 2021, reducing by -6.8% against the previous year. Overall, consumption recorded a slight shrinkage. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Maize Production in the U.S.

In value terms, maize production stood at $X in 2021. In general, production showed a perceptible decrease. The pace of growth appeared the most rapid in 2013 with an increase of 19% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

The average yield of maize in the United States dropped slightly to X tons per ha in 2021, leveling off at the previous year's figure. The yield figure increased at an average annual rate of +3.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 28%. Over the period under review, the average maize yield reached the maximum level at X tons per ha in 2016; however, from 2017 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, approx. X ha of maize were harvested in the United States; therefore, remained relatively stable against the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 7.4%. The maize harvested area peaked at X ha in 2013; however, from 2014 to 2021, the harvested area remained at a lower figure.

Maize Exports

Exports from the U.S.

In 2021, the amount of maize exported from the United States surged to X tons, growing by 34% against 2020. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 49% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, maize exports skyrocketed to $X in 2021. In general, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Mexico (X tons) and Japan (X tons) were the main destinations of maize exports from the United States, with a combined 68% share of total exports. These countries were followed by Colombia, South Korea, Canada and Taiwan (Chinese), which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +37.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for maize exported from the United States were China ($X), Mexico ($X) and Japan ($X), with a combined 69% share of total exports. Colombia, South Korea, Canada and Taiwan (Chinese) lagged somewhat behind, together comprising a further 17%.

Among the main countries of destination, Colombia, with a CAGR of +32.6%, saw 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

The average maize export price stood at $X per ton in 2021, increasing by 48% against the previous year. Overall, the export price, however, showed a mild shrinkage. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to Mexico ($X per ton) and Japan ($X per ton), while the average price for exports to Canada ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.9%), while the prices for the other major destinations experienced a decline.

Maize Imports

Imports into the U.S.

Maize imports into the United States fell to X tons in 2021, waning by -6.5% on the year before. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2013 with an increase of 74%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, maize imports amounted to $X in 2021. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 61% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Canada (X tons), Argentina (X tons) and Brazil (X tons) were the main suppliers of maize imports to the United States, together accounting for 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +5.2%), while imports for the other leaders experienced a decline.

In value terms, the largest maize suppliers to the United States were Canada ($X), Argentina ($X) and Chile ($X), with a combined 81% share of total imports.

Argentina, with a CAGR of -2.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average maize import price amounted to $X per ton, rising by 8.4% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 52% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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, together comprising 62% of global production. These countries were followed by Argentina, Ukraine, India, Mexico and Indonesia, which together accounted for a further 15%.
What are the leading suppliers of maize to the U.S.?
+
In value terms, the largest maize suppliers to the United States were Canada, Argentina and Chile, with a combined 81% share of total imports.
What are the leading importers of maize from the U.S.?
+
In value terms, the largest markets for maize exported from the United States were China, Mexico and Japan, together accounting for 69% of total exports. Colombia, South Korea, Canada and Taiwan Chinese) lagged somewhat behind, together accounting for a further 17%.
What is the average export price for maize in the U.S.?
+
The average maize export price stood at $273 per ton in 2021, surging by 48% against the previous year.
What is the average import price for maize in the U.S.?
+
In 2021, the average maize import price amounted to $495 per ton, picking up by 8.4% against the previous year.

This report provides an in-depth analysis of the maize market in the U.S.. 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:
• United States

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