Chad: Maize Market 2020

Maize Market Size in Chad

The revenue of the maize market in Chad amounted to $X in 2018, growing by X% against the previous year. Overall, maize consumption continues to indicate buoyant growth. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Chad maize consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Maize Production in Chad

In value terms, maize production totaled $X in 2018 estimated in export prices. Over the period under review, maize production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Chad maize production peaked at $X in 2012; however, from 2013 to 2018, production stood at a somewhat lower figure.

Average yield of maize in Chad totaled X ton per ha in 2018, remaining stable against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when yield increased by X% against the previous year. Over the period under review, the maize yield reached its maximum level at X ton per ha in 2012; however, from 2013 to 2018, 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.

In 2018, the total area harvested in terms of maize production in Chad totaled X ha, jumping by X% against the previous year. Overall, the total harvested area indicated a prominent expansion from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, maize harvested area increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 when harvested area increased by X% year-to-year. The global maize harvested area peaked in 2018 and is likely to continue its growth in the immediate term.

Maize Exports

Exports by Country

In 2018, the U.S. (X tons) was the main exporter of maize, committing X% of total exports. Brazil (X tons) held the second position in the ranking, followed by Argentina (X tons) and Ukraine (X tons). All these countries together took near X% share of total exports. The following exporters - France (X tons), Russia (X tons) and Romania (X tons) - each amounted to an X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to maize exports from the U.S. stood at +X%. At the same time, Ukraine (+X%), Romania (+X%), Russia (+X%), Brazil (+X%), Argentina (+X%) and France (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Brazil (+X p.p.), Ukraine (+X p.p.), the U.S. (+X p.p.), Argentina (+X p.p.), Romania (+X p.p.) and Russia (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest maize supplier from Chad, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In the U.S., maize exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Argentina (+X% per year).

Export Prices by Country

The maize export price in Chad stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the maize export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was France ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced a decline in the export price figures.

Maize Imports

Imports into Chad

Maize imports into Chad amounted to X kg in 2018, declining by -X% against the previous year. Overall, maize imports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2017 when imports decreased by -X% year-to-year. Over the period under review, maize imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, maize imports totaled $X in 2018. Over the period under review, maize imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with a decrease of -X% year-to-year. Over the period under review, maize imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons) and Japan (X tons) were the key importers of maize in 2018, resulting at approx. X% and X% of total imports, respectively. It was followed by South Korea (X tons), Vietnam (X tons), Spain (X tons), Iran (X tons) and Egypt (X tons), together generating a X% share of total imports. The following importers - the Netherlands (X tons), Italy (X tons), Colombia (X tons), Saudi Arabia (X tons) and Taiwan, Chinese (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Vietnam, Spain, Iran, Egypt, the Netherlands, Italy, Colombia, Taiwan, Chinese, Saudi Arabia and Chad, which together accounted for a further X Nam recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the maize import price in Chad amounted to $X per ton, shrinking by -X% against the previous year. In general, the maize import price continues to indicate a measured reduction. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. Over the period under review, the import prices for maize reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform