Africa Maize Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Africa Maize Market provides the Production (Volume), Consumption (Value and Volume), and trade in terms of Import (Value and Volume), & Export (Value and Volume), and Price Trend analysis of Maize in Africa. This report also provides a value chain analysis of Maize.

Market Snapshot

African Maize Market
Study Period:

2016 - 2026

Base Year:

2020

CAGR:

4 %

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Market Overview

The African Maize Market is projected to register a CAGR of 4.0% during the forecast period, 2021-2026.

COVID-19 pandemic movement restrictions as part of the control measures put in place by countries in Sub-Saharan Africa (SSA) has implications on food security, as restrictions in movement coupled with planting periods for most of the staple crops including Maize. These measures are affecting important staple crops in the region, and are likely to exacerbate food security challenges in many countries. Achieving adequate food supply in the region requires developing better policies and packages to confronting the challenge of reducing hunger post-COVID-19 pandemic. Planning after COVID-19 crisis will be very important for African countries to rethink their strategies and policies for sustainable economic growth, as COVID-19 many have significant impacts on the agriculture sector including maize.

Africa consumes 30.0% of the maize produced in the world, with Sub-Saharan Africa alone accounting for 21.0% of the consumption. Around 14 countries of Africa consume 85.0-95.0% of maize as their staple food and is more inclined toward white maize consumption, with a consumption share of around 90.0%. Thus, white maize gets a premium price in the country. Most of the maize is produced in rain-fed areas. However, it is also grown in the drought and famine conditions in Africa. The total harvested area under maize in the region was around 41 million hectares in 2019. Nigeria is the largest producer of maize in Africa, followed by South Africa.

Scope of the Report

Maize is one of the cereal grain commonly called as Corn and is major cereal crops grown in the region. The African Maize Market provides the Production (Volume), Consumption (Value and Volume), and trade in terms of Import (Value and Volume), & Export (Value and Volume), and Price Trend analysis of Maize in Africa. This report also provides value chain analysis of Maize.

Geography (Production Analysis (Volume), Consumption Analysis(Volume and value), Import Analysis(Volume and Value), Export Analysis(Volume and Value), Price Trend Analysis.
South Africa
Ethiopia
Zambia
Nigeria
Malawi

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Key Market Trends

Increasing Maize Prices

The price of maize in Africa increased by 57.0% compared to the previous years. This price hike was expected due to El Niño’s impact on African maize. Many countries, like Botswana, Namibia, Lesotho, Swaziland, and Zimbabwe, are producing marginal maize stocks. The consumption by these countries is heavily dependent on imports. Based on the severity of El Niño’s impact, the price of maize has gone up from 33.0% to 85.0% in 2018-19. However, as it is a temporary effect, the prices may come down to normal in the coming years.

africa maize  market1

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Increasing Maize Production in South Africa

South Africa is the largest and most active producer of maize in Africa. South Africa has a relatively dry climate, this contributes to a unique hardness and whiteness, which in turn is of great importance to the milling industry. Hard maize ensures a higher-quality product and yield per ton, while whiteness is of importance to the consumer market. In South Africa, approximately 65.0% of the maize produced for human consumption is white, whereas the remaining 35.0% is yellow and used for animal feed. However, maize production in the region is being continuously and severely affected by threats, such as weeds, insects, bacteria, viruses, nematodes, fungi, low-quality seed, low levels of mechanization, suboptimal post-harvest management, drought, and climate change. Even among all these factors, South Africa remians the top maize producing country in the region which boosts the demad for the African Maize market in the forecast period.

africa maize market2

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

      1. 4.4.1 Value Chain Overview

      2. 4.4.2 Stakeholders in the Value Chain

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography (Production Analysis (Volume), Consumption Analysis(Volume and value), Import Analysis(Volume and Value), Export Analysis(Volume and Value), Price Trend Analysis.

      1. 5.1.1 South Africa

      2. 5.1.2 Ethiopia

      3. 5.1.3 Zambia

      4. 5.1.4 Nigeria

      5. 5.1.5 Malawi

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

  7. 7. AN ASSESSMENT OF IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability

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Frequently Asked Questions

The Africa Maize Market market is studied from 2016 - 2026.

The Africa Maize Market is growing at a CAGR of 4% over the next 5 years.

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