South Africa Maize Market - Growth, Trends, and Forecasts (2020 - 2025)

The South Africa Maize Market is Analyzed by Production (Volume), Consumption (Value and Volume), Import (Value and Volume), and Export (Value and Volume). The Price Trend of Maize in South Africa is also Analyzed in the Study.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

4.5 %

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Market Overview

South Africa's maize market is projected to witness a CAGR of 4.5% during the forecast period.

  • Maize production in South Africa has increased in the recent past. According to the Crop Estimates Committee (CEC), the maize production in Africa increased by 6% during the 2018-2019 cropping season, compared to the previous cropping season.
  • Though maize is cultivated across South Africa, few regions, such as Free State, Gauteng, Mpumalanga, and the North-West provinces, account for 87% of the overall production of maize in the country.

Scope of the report

Maize is one of the major cereal crops grown in the country. The market is analyzed by production (volume), consumption (value and volume), import (value and volume), and export (value and volume). The price trend of maize in South Africa is also analyzed in the study.

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Key Market Trends

Increasing Maize Crop Production

According to the FAO, the area under cultivation for maize in South Africa was 1.9 million hectares in 2016, which increased to 2.3 million hectares in 2018, an increase of 21.0%. The Crop Estimation Committee (ECE) estimated maize production to be 12.5 million, which is an 11% increase in the production of maize in the cropping season of 2019-2020. The high price of the maize in the 2018-2019 cropping season is the main reason for the increase in the production of maize in the country.

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South Africa is a Major Exporter of Maize

South Africa is a significant exporter of maize, with an export volume of 1,155 thousand metric tons, valued at USD 253,083 in 2019. According to UN Comtrade, the export of maize from South Africa was 1,000 thousand metric ton in 2016, which increased to 1,155 thousand metric ton in 2019. The decreased area under production during the 2018-2019 cropping season was the major reason for a 31% decline in the export of maize in 2019. Botswana, Namibia, Mozambique, Eswatini, and Tanzania are the primary importers of maize from South Africa. Botswana alone accounts for 18.5% of South Africa's export market share.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    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 PESTLE Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Production Analysis

    2. 5.2 Consumption Analysis

    3. 5.3 Import Analysis

    4. 5.4 Export Analysis

    5. 5.5 Price Trend Analysis

  6. 6. VALUE CHAIN ANALYSIS

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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