U.S.: Maize Market 2025

Maize Market Size in the U.S.

The U.S. maize market contracted to $X in 2022, stabilizing at the previous year. In general, consumption, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by 4.5%. Maize consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Maize Production in the U.S.

In value terms, maize production dropped to $X in 2022. In general, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 with an increase of 4.4% against the previous year. Maize production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of maize (green) in the United States totaled X tons per ha in 2022, flattening at the previous year. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 33%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average maize yield failed to regain momentum. 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 in the United States was estimated at X ha in 2022, surging by 2.2% on the previous year. In general, the harvested area, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of 19% against the previous year. The maize harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Maize Exports

Exports from the U.S.

In 2022, after two years of growth, there was significant decline in overseas shipments of maize (green), when their volume decreased by -7.7% to X tons. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 11% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, maize exports rose markedly to $X in 2022. The total export value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for maize exports from the United States, accounting for a 89% share of total exports. Moreover, maize exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Canada was relatively modest.

In value terms, Canada ($X) remains the key foreign market for maize (green) exports from the United States, comprising 88% of total exports. The second position in the ranking was taken by Mexico ($X), with a 5.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +2.4%.

Export Prices by Country

In 2022, the average maize export price amounted to $X per ton, growing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.1%).

Maize Imports

Imports into the U.S.

In 2022, imports of maize (green) into the United States reached X tons, approximately mirroring 2021. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +62.6% against 2012 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 8.8%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, maize imports stood at $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 +97.1% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Mexico (X tons) constituted the largest maize supplier to the United States, accounting for a 85% share of total imports. Moreover, maize imports from Mexico exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), more than tenfold. Honduras (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+2.6% per year) and Honduras (+10.6% per year).

In value terms, Mexico ($X) constituted the largest supplier of maize (green) to the United States, comprising 80% of total imports. The second position in the ranking was held by Honduras ($X), with a 5.1% share of total imports. It was followed by Costa Rica, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (+10.6% per year) and Costa Rica (+3.9% per year).

Import Prices by Country

The average maize import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 7.2%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Canada ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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