Netherlands: Maize Market 2024

Maize Market Size in the Netherlands

In 2022, the Dutch maize market increased by 67% to $X, rising for the fifth consecutive year after five years of decline. Overall, consumption recorded a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Maize Production in the Netherlands

In value terms, maize production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 23%. Maize production peaked at $X in 2021, and then fell in the following year.

In 2022, the average maize yield in the Netherlands totaled less than X kg per ha, leveling off at the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of maize (green) were harvested in the Netherlands; almost unchanged from the previous year's figure. In general, the harvested area saw a relatively flat trend pattern.

Maize Exports

Exports from the Netherlands

Maize exports from the Netherlands surged to X tons in 2022, picking up by 20% on 2021 figures. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 +22.3% against 2020 indices. The growth pace was the most rapid in 2016 when exports increased by 34% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, maize exports rose markedly to $X in 2022. Overall, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +23.1% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 28%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons), Belgium (X tons) and Denmark (X tons) were the main destinations of maize exports from the Netherlands, with a combined 68% share of total exports. Italy, France, Finland, Sweden, Malta, the United Arab Emirates, Norway and the UK lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malta (with a CAGR of +29.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for maize exported from the Netherlands were Germany ($X), Belgium ($X) and Denmark ($X), with a combined 63% share of total exports. The United Arab Emirates, Italy, France, the UK, Norway, Sweden, Malta and Finland lagged somewhat behind, together accounting for a further 14%.

The United Arab Emirates, with a CAGR of +27.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average maize export price stood at $X per ton in 2022, reducing by -6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 23% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into the Netherlands

In 2022, the amount of maize (green) imported into the Netherlands soared to X tons, rising by 99% compared with the previous year. Over the period under review, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, maize imports surged to $X in 2022. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of maize imports to the Netherlands, with a combined 74% share of total imports. Italy, France, Luxembourg and Poland lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +61.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest maize suppliers to the Netherlands were Spain ($X), Italy ($X) and Belgium ($X), with a combined 67% share of total imports. Germany, France, Poland and Luxembourg lagged somewhat behind, together accounting for a further 25%.

Poland, with a CAGR of +76.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average maize import price amounted to $X per ton, dropping by -25.7% against the previous year. In general, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :