U.S.: Wet Corn Market 2025

Wet Corn Market Size in the U.S.

The U.S. wet corn market expanded significantly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wet Corn Production in the U.S.

In value terms, wet corn production expanded slightly to $X in 2022. In general, production, however, showed a noticeable reduction. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Wet Corn Exports

Exports from the U.S.

In 2022, approx. X tons of wet corn were exported from the United States; with a decrease of X% compared with 2021 figures. Over the period under review, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wet corn exports reached $X in 2022. In general, exports saw a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons) was the main destination for wet corn exports from the United States, accounting for a X% share of total exports. Moreover, wet corn exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), twofold. The third position in this ranking was held by Ireland (X tons), with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Mexico was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Ireland (X% per year).

In value terms, Mexico ($X), Canada ($X) and Ireland ($X) appeared to be the largest markets for wet corn exported from the United States worldwide, with a combined X% share of total exports. Colombia, Chile, Indonesia, Egypt, Israel, New Zealand and Turkey lagged somewhat behind, together accounting for a further X%.

New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average wet corn export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wet Corn Imports

Imports into the U.S.

In 2022, the amount of wet corn imported into the United States skyrocketed to X tons, picking up by X% compared with the previous year. In general, total imports indicated a resilient expansion from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, wet corn imports surged to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest wet corn supplier to the United States, with a X% share of total imports. Moreover, wet corn imports from Canada exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Mexico (X% per year).

In value terms, Canada ($X), Thailand ($X) and Mexico ($X) appeared to be the largest wet corn suppliers to the United States, together comprising X% of total imports. China, Germany, the Netherlands, France, Taiwan (Chinese), Australia, Pakistan, Denmark, Brazil and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 wet corn import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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