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North America Maize Market - Growth and Trends (2020 - 2025)

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North America is the largest producer and consumer of maize in the world. Maize is the major crop in North American countries like the USA, Mexico, and Canada. Maize is an agricultural commodity that is widely traded across the world. In 2015, maize accounted for a trade worth around USD 28.3 billion. In terms of exports, in 2015, European countries accounted for 33.1% of the global maize exports worth 9.4 billion USD, followed by North America (32.1%) and Latin America (30.9%). The share of Asian and African countries in global maize exports stood at 2.1% and 1.7%, respectively.

The total maize production in North America was around 15,980 million bushels (one corn bushel= 25.40 kg) in 2015, whereas the total consumption by the region during the year was around 13,642 million bushels. North America was the second largest exporter of maize in the world, accounting for exports worth USD 9.09 billion. The region accounted for maize imports worth USD 34 billion in the year 2015.

In North America, the USA is the biggest producer and exporter of maize, contributing to 30% of the world’s maize exports. Mexico and Canada hold 1% and 0.5% of the global maize exports respectively.  In 2015, the USA’s maize export decreased by 22% and Canada’s by 66%; however, the export value of Mexico increased by 29%.

There are many opportunities for North America in global maize trading in various fields such as animal feed production, bio-fuel production, starch production and corn food derivatives production. Most of the North American maize is utilized in the feed industry, followed by bio-fuel and starch industries.

The North American Maize crop market report covers the following information –

  • Crop production
  • North American consumption
  • North American trade (export-import) scenario and statistics
  • Major enterprises and traders operating in the market
  • Price trend and seasonality of the crop
  • Future outlook of the crop market

Stakeholders who would benefit -

  • Crop growers
  • Enterprises providing agricultural inputs
  • Traders and companies operating in the segment
  • Crop processing companies
  • Crop importers and exporters
  • Investors/research institutions interested in the crop market

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