Australia and Oceania: Maize Market 2025

Maize Market Size in Australia and Oceania

The maize market in Australia and Oceania contracted to $X in 2022, declining by -2.3% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Maize Production in Australia and Oceania

In value terms, maize production rose notably to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.3% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by 35% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Papua New Guinea (X tons) remains the largest maize producing country in Australia and Oceania, accounting for 67% of total volume. Moreover, maize production in Papua New Guinea exceeded the figures recorded by the second-largest producer, Australia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume in Papua New Guinea was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Australia (+2.3% per year) and New Zealand (-10.5% per year).

The average maize yield declined modestly to X tons per ha in 2022, which is down by -1.8% on the year before. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 8.8%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the maize yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of maize (green) production in Australia and Oceania contracted to X ha, which is down by -3.7% against the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the harvested area increased by 8%. Over the period under review, the harvested area dedicated to maize production reached the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Maize Exports

Exports in Australia and Oceania

In 2022, shipments abroad of maize (green) increased by 15% to X tons, rising for the second year in a row after two years of decline. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 37%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, maize exports stood at $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Australia represented the largest exporting country with an export of around X tons, which amounted to 82% of total exports. It was distantly followed by Fiji (X tons), comprising a 16% share of total exports. New Zealand (X tons) held a minor share of total exports.

Australia was also the fastest-growing in terms of the maize (green) exports, with a CAGR of +5.7% from 2012 to 2022. Fiji experienced a relatively flat trend pattern. New Zealand (-8.3%) illustrated a downward trend over the same period. Fiji (+16 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand and Australia saw its share reduced by -7.3% and -9.1% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest maize supplier in Australia and Oceania, comprising 81% of total exports. The second position in the ranking was held by Fiji ($X), with a 15% share of total exports.

In Australia, maize exports increased at an average annual rate of +6.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Fiji (0.0% per year) and New Zealand (+9.3% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, waning by -3.7% against the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize export price increased by +66.8% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+19.3%).

Maize Imports

Imports in Australia and Oceania

In 2022, the amount of maize (green) imported in Australia and Oceania fell to X tons, shrinking by -13.5% on the previous year's figure. Total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 80%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, maize imports dropped to $X in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 37%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

New Zealand was the largest importer of maize (green) in Australia and Oceania, with the volume of imports recording X tons, which was approx. 49% of total imports in 2022. Australia (X tons) ranks second in terms of the total imports with a 12% share, followed by Papua New Guinea (11%), New Caledonia (7.7%), Marshall Islands (5.5%) and French Polynesia (4.5%). Guam (X tons) took a little share of total imports.

New Zealand experienced a relatively flat trend pattern with regard to volume of imports of maize (green). At the same time, Marshall Islands (+44.2%), Papua New Guinea (+40.4%), Guam (+11.0%), New Caledonia (+9.7%) and French Polynesia (+4.0%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +44.2% from 2012-2022. By contrast, Australia (-1.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Papua New Guinea, Marshall Islands, New Caledonia and Guam increased by +10, +5.3, +3.4 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) constitutes the largest market for imported maize (green) in Australia and Oceania, comprising 49% of total imports. The second position in the ranking was taken by Australia ($X), with a 25% share of total imports. It was followed by French Polynesia, with a 6.6% share.

In New Zealand, maize imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Australia (+7.8% per year) and French Polynesia (+2.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by 8.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 25%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Marshall Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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