Australia and Oceania: Maize Market 2025

Maize Market Size in Australia and Oceania

The maize market in Australia and Oceania dropped markedly to $X in 2022, falling by -17.2% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -41.6% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Maize Production in Australia and Oceania

In value terms, maize production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 129% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Australia (X tons), New Zealand (X tons) and Papua New Guinea (X tons), together accounting for 98% of total production. New Caledonia lagged somewhat behind, comprising a further 1.7%.

From 2012 to 2022, the biggest increases were recorded for New Caledonia (with a CAGR of +7.7%), while production for the other leaders experienced mixed trends in the production figures.

The average maize yield rose slightly to X tons per ha in 2022, picking up by 2.1% on 2021. The yield figure increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22%. The level of yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area dropped to X ha in 2022, which is down by -7.5% against the previous year's figure. Over the period under review, the harvested area saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 18%. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Maize Exports

Exports in Australia and Oceania

In 2022, the amount of maize exported in Australia and Oceania fell to X tons, which is down by -2.7% on 2021. In general, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, maize exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) represented roughly 99% of total exports in 2022.

Australia was also the fastest-growing in terms of the maize exports, with a CAGR of -1.8% from 2012 to 2022. From 2012 to 2022, the share of Australia increased by +3.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest maize supplier in Australia and Oceania.

In Australia, maize exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, jumping by 27% against the previous year. In general, the export price saw a pronounced expansion. The growth pace was the most rapid in 2014 an increase of 65% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +2.9% per year.

Maize Imports

Imports in Australia and Oceania

In 2022, maize imports in Australia and Oceania fell notably to X tons, with a decrease of -31.8% compared with the previous year's figure. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 1,079% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, maize imports reduced remarkably to $X in 2022. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 401%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

New Zealand dominates imports structure, recording X tons, which was near 92% of total imports in 2022. French Polynesia (X tons) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the maize imports, with a CAGR of +45.3% from 2012 to 2022. At the same time, French Polynesia (+1.3%) displayed positive paces of growth. While the share of New Zealand (+73 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of French Polynesia (-27.1 p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) constitutes the largest market for imported maize in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by French Polynesia ($X), with a 6% share of total imports.

In New Zealand, maize imports expanded at an average annual rate of +19.7% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2016 when the import price increased by 14% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 French Polynesia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by French Polynesia (-2.0%).

Source: IndexBox Platform

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