Democratic Republic of the Congo: Maize Market 2020

Maize Market Size in Democratic Republic of the Congo

The revenue of the maize market in Democratic Republic of the Congo amounted to $X in 2018, stabilizing at the previous year. In general, maize consumption continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. In that year, the maize market attained its peak level of $X. From 2013 to 2018, the growth of the maize market remained at a somewhat lower figure.

Maize Production in Democratic Republic of the Congo

In value terms, maize production amounted to $X in 2018 estimated in export prices. In general, maize production continues to indicate resilient growth. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, maize production attained its peak level of $X. From 2013 to 2018, maize production growth remained at a lower figure.

Average yield of maize in Democratic Republic of the Congo totaled X kg per ha in 2018, standing approx. at the previous year. Overall, the maize yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, the maize yield reached its peak level of X kg per ha. From 2014 to 2018, the growth of the maize yield remained 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 maize harvested area in Democratic Republic of the Congo totaled X ha, jumping by X% against the previous year. Over the period under review, the maize harvested area continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. The global maize harvested area peaked in 2018 and is likely to see steady growth in the immediate term.

Maize Exports

Exports from Democratic Republic of the Congo

In 2018, approx. X tons of maize were exported from Democratic Republic of the Congo; going up by X% against the previous year. In general, maize exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, maize exports attained their peak of X tons. From 2014 to 2018, the growth of maize exports remained at a somewhat lower figure.

In value terms, maize exports amounted to $X in 2018. Overall, maize exports continue to indicate extraordinary growth. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, maize exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, the U.S. (X tons) was the major exporter of maize, mixing up X% of total exports. Brazil (X tons) ranks second in terms of the total exports with a X% share, followed by Argentina (X%) and Ukraine (X%). The following exporters - France (X tons), Russia (X tons) and Romania (X tons) - each reached 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. ($X) remains the largest maize supplier from Democratic Republic of the Congo, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($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 Democratic Republic of the Congo stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the maize export price continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Democratic Republic of the Congo export price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; 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 Democratic Republic of the Congo

In 2018, the amount of maize imported into Democratic Republic of the Congo stood at X tons, going down by -X% against the previous year. Overall, maize imports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, maize imports reached their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, maize imports stood at $X in 2018. Over the period under review, maize imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Democratic Republic of the Congo imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

Mexico (X tons) and Japan (X tons) were the key importers of maize in 2018, reaching 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 committing a X% share of total imports. The Netherlands (X tons), Italy (X tons), Colombia (X tons), Saudi Arabia (X tons) and Taiwan, Chinese (X tons) followed a long way behind the leaders.

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, the largest maize importing markets into Democratic Republic of the Congo were Mexico ($X), Japan ($X) and South Korea ($X), 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 Democratic Republic of the Congo, which together accounted for a further X Nam experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the maize import price in Democratic Republic of the Congo amounted to $X per ton, rising by X% against the previous year. Over the period under review, the maize import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the import price increased by X% y-o-y. In that year, the import prices for maize reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for maize remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; 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