Papua New Guinea: Maize Market 2020

Maize Market Size in Papua New Guinea

The revenue of the maize market in Papua New Guinea amounted to $X in 2018, picking up by X% against the previous year. In general, maize consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the maize market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Maize Production in Papua New Guinea

In value terms, maize production amounted to $X in 2018 estimated in export prices. In general, maize production continues to indicate a modest expansion. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Papua New Guinea maize production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of maize (green) in Papua New Guinea stood at X kg per ha in 2018, leveling off at the previous year. Over the period under review, the maize yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. The global maize yield peaked in 2018 and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Maize harvested area in Papua New Guinea totaled X ha in 2018, leveling off at the previous year. In general, the maize harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. In that year, the maize harvested area reached its peak level of X ha. From 2009 to 2018, the growth of the maize harvested area remained at a somewhat lower figure.

Maize Exports

Exports by Country

In 2018, Mexico (X tons), distantly followed by Italy (X tons), Spain (X tons), the Netherlands (X tons), the U.S. (X tons) and Morocco (X tons) represented the largest exporters of maize (green), together constituting X% of total exports. China (X tons), Oman (X tons), Belgium (X tons), France (X tons), Uzbekistan (X tons) and Thailand (X tons) occupied a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to maize exports from Mexico stood at +X%. At the same time, Oman (+X%), Morocco (+X%), Belgium (+X%), Uzbekistan (+X%), Spain (+X%), the Netherlands (+X%), Thailand (+X%), Italy (+X%), France (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.), Spain (+X p.p.), Morocco (+X p.p.), the Netherlands (+X p.p.), Oman (+X p.p.), Belgium (+X p.p.), Italy (+X p.p.) and Uzbekistan (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), the Netherlands ($X) and Spain ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

In terms of the main exporting countries, Spain experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The maize export price in Papua New Guinea stood at $X per ton in 2018, remaining relatively unchanged against the previous year. In general, the maize export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for maize (green) reached their maximum at $X per ton in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Maize Imports

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Canada (X tons), Germany (X tons), the UK (X tons), France (X tons), the United Arab Emirates (X tons) and China, Hong Kong SAR (X tons) represented the key importers of maize (green), together committing X% of total imports. The following importers - the Netherlands (X tons), Singapore (X tons), Belgium (X tons), Afghanistan (X tons) and Russia (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to maize imports into the U.S. stood at +X%. At the same time, the United Arab Emirates (+X%), Afghanistan (+X%), Belgium (+X%), the UK (+X%), Germany (+X%), the Netherlands (+X%), Russia (+X%), Canada (+X%), China, Hong Kong SAR (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, France (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), the United Arab Emirates (+X p.p.), the UK (+X p.p.), Germany (+X p.p.), Afghanistan (+X p.p.), Belgium (+X p.p.), Canada (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of France (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest maize importing markets into Papua New Guinea were Germany ($X), the U.S. ($X) and the UK ($X), with a combined X% share of total imports. These countries were followed by France, Canada, the Netherlands, Belgium, the United Arab Emirates, Singapore, China, Hong Kong SAR, Russia and Afghanistan, which together accounted for a further X United Arab Emirates experienced 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 Papua New Guinea amounted to $X per ton, remaining constant against the previous year. Over the period under review, the maize import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for maize (green) attained their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform