SADC: Maize Market 2024

Maize Market Size in SADC

The SADC maize market fell slightly to $X in 2022, remaining stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then dropped modestly in the following year.

Maize Production in SADC

In value terms, maize production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The country with the largest volume of maize production was South Africa (X tons), accounting for X% of total volume. Moreover, maize production in South Africa exceeded the figures recorded by the second-largest producer, Tanzania (X tons), eightfold.

In South Africa, maize production expanded at an average annual rate of X% over the period from 2012-2022.

In 2022, the average maize yield in SADC amounted to X tons per ha, remaining constant against the previous year. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the yield increased by X% against the previous year. The level of yield peaked in 2022 and is likely to continue growth in the near future. 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 was estimated at X ha in 2022, approximately reflecting the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X%. The level of harvested area peaked in 2022 and is likely to see steady growth in years to come.

Maize Exports

Exports in SADC

In 2022, shipments abroad of maize (green) decreased by X% to X tons, falling for the fifth consecutive year after two years of growth. In general, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, maize exports amounted to $X in 2022. Over the period under review, exports, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Democratic Republic of the Congo (X tons), mixing up a X% share of total exports. Mozambique (X tons) and Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to maize exports from South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Mozambique (X%) and Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo, Mozambique, Zambia and South Africa increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest maize supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

In South Africa, maize exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Maize Imports

Imports in SADC

In 2022, approx. X tons of maize (green) were imported in SADC; waning by X% on 2021. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, maize imports plummeted to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Botswana (X tons), distantly followed by Mozambique (X tons), South Africa (X tons), Namibia (X tons), Zambia (X tons) and Lesotho (X tons) represented the key importers of maize (green), together committing X% of total imports. Seychelles (X tons) and Swaziland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Botswana ($X) and Mozambique ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Namibia, Seychelles, Zambia, Lesotho and Swaziland lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Seychelles, with a CAGR of X%, recorded 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 import price in SADC amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Seychelles (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :