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

South America Maize market is segmented by country (Brazil, Argentina and Paraguay).

Market Snapshot

South American Maize Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 5.4 %

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Market Overview

South American Maize Market is projected to grow at a CAGR of 5.4% during the forecast period (2020-2025).

  • Increasing demand for food crops such as Maize due to rise in population, favorable government policies and rapid growth in ethanol industry are some of the factors driving the market growth.
  • The regional dominance in exports of maize from countries such as from Brail, Argentina and Paraguay due to rise in global demand for corn as animal feed is stimulating the market growth.

Scope of the report

The present report covers maize production, consumption, trade, and price trend analysis. Here, maize is considered as a commodity and the data involved excludes maize seed for sowing.

By Country
Brazil
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Argentina
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Paraguay
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis

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Key Market Trends

Growing Ethanol Production

The domestic consumption of corn is projected to increse during the forecast preriod which is majorly driven by expanding local grain ethanol industry. In Paraguay, corn is the raw material for ethanol production with at current eight ethanol plants will expected to consume approximately 1.22 million tons of corn by 2020. Further the research conducted on the benifits of using of corn in ethanol production has further augumented its demand in the region. For instance, The Secretariat of Agriculture, through its research agency INTA, has focused on the carbon footprint of local gasoline that has a 12 percent content of bioethanol. The result has shown that bioethanol from corn  reduces GHG emissions up to 65 percent compared to fossil gasoline. With rapid domestic ethanol production, the demand for corn is projected to grow during the forecast period.

south-american-maize-market

Favorable Government Initiatives Supporting the Market Growth

The regional governmet initiative such as in Brazil, Argentina and Paraguay favoring the corn production will stimulate its market growth during the forecast period. Brazil support the corn production in the country by providing subsidized credit and price support (minimum guaranteed prices). The Brazil government through its  Premium Equalizer Paid to the Producer program (PEPRO) pays farmers directly when commodity prices  fall below a predetermined price. Under the PEPRO program, government subsidizes the transactions by by paying a premium to commercial buyers, which is the difference between the minimum price (received by producers) and the market price. This mechanism allows the government to manage supply of corn in deficit regions without buying it directly. With increase in number of government policies supporting the maize production, the market is expected to grow during the forecast period.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions & Market definition

    3. 1.3 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/Supply Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Country

      1. 5.1.1 Brazil

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis and Market Value

        3. 5.1.1.3 Import Market Analysis (Volume and Value)

        4. 5.1.1.4 Export Market Analysis (Volume and Value)

        5. 5.1.1.5 Price Trend Analysis

      2. 5.1.2 Argentina

        1. 5.1.2.1 Production Analysis

        2. 5.1.2.2 Consumption Analysis and Market Value

        3. 5.1.2.3 Import Market Analysis (Volume and Value)

        4. 5.1.2.4 Export Market Analysis (Volume and Value)

        5. 5.1.2.5 Price Trend Analysis

      3. 5.1.3 Paraguay

        1. 5.1.3.1 Production Analysis

        2. 5.1.3.2 Consumption Analysis and Market Value

        3. 5.1.3.3 Import Market Analysis (Volume and Value)

        4. 5.1.3.4 Export Market Analysis (Volume and Value)

        5. 5.1.3.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The South American Maize Market market is studied from 2016 - 2026.

The South American Maize Market is growing at a CAGR of 5.4% over the next 5 years.

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