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The African maize market report analyses the trend, growth and demand in the South Africa, Egypt, Ethiopia, Nigeria and Zambia maize markets and their scenarios.
The production of Maize in Africa was 85.7 million metric ton in 2018 and is expected to register a CAGR of 3.2% during the forecast period, 2019-2024.Africa consumes 30% of the maize produced in the world, with Sub-Saharan Africa alone accounting for 21% of the consumption. Around 14 countries of Sub-Saharan Africa consume 85-95% of maize as their staple food rather than as animal feed. Africa is more inclined towards white maize consumption, with a consumption share of around 90%. As a result, white maize gets a premium price in Africa.
Africa accounts for almost 6.5% of the global maize production. 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 Africa was around 40.6 million hectares in 2017. Nigeria is the largest producer of maize in Africa, followed by South Africa.
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The price of maize in Africa has increased by 57% as compared to the previous years. This price hike was expected due to the El Niño’s impact on the African maize. Many countries like Botswana, Namibia, Lesotho, Swaziland and Zimbabwe are producing marginal maize stocks, and consumption by these countries is heavily dependent on imports. Based on the severity of the El Niño’s impact, the price of maize is likely to go up from 33% to 85% in 2016-17.
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South Africa is the largest and most active producer of maize in the southern African region and alone accounted for 42% of Africa’s maize trade, with 69% in the form of imports in 2015. South Africa’s maize production slumped by 30% this year, and as a result, it had to import 770,000 metric tons of maize from outside the African continent.
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1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Value Chain Analysis
4.5.1 Value Chain Overview
4.5.2 Price Markups in the Value Chain
4.5.3 Value Chain Stakeholders
5. MARKET SEGMENTATION
5.1.1 South Africa
188.8.131.52 Production Analysis
184.108.40.206 Consumption Analysis and Market Value
220.127.116.11 Import Market Analysis (Volume and Value)
18.104.22.168 Export Market Analysis (Volume and Value)
22.214.171.124 Price Trend Analysis
126.96.36.199 Production Analysis
188.8.131.52 Consumption Analysis and Market Value
184.108.40.206 Import Market Analysis (Volume and Value)
220.127.116.11 Export Market Analysis (Volume and Value)
18.104.22.168 Price Trend Analysis
22.214.171.124 Production Analysis
126.96.36.199 Consumption Analysis and Market Value
188.8.131.52 Import Market Analysis (Volume and Value)
184.108.40.206 Export Market Analysis (Volume and Value)
220.127.116.11 Price Trend Analysis
18.104.22.168 Production Analysis
22.214.171.124 Consumption Analysis and Market Value
126.96.36.199 Import Market Analysis (Volume and Value)
188.8.131.52 Export Market Analysis (Volume and Value)
184.108.40.206 Price Trend Analysis
220.127.116.11 Production Analysis
18.104.22.168 Consumption Analysis and Market Value
22.214.171.124 Import Market Analysis (Volume and Value)
126.96.36.199 Export Market Analysis (Volume and Value)
188.8.131.52 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS