Canada - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize (Green) Price in Canada - 2024
Contents:
- Maize (Green) Price in Canada (CIF) - 2024
- Maize (Green) Price in Canada (FOB) - 2024
- Maize (Green) Imports in Canada
- Maize (Green) Exports in Canada
Maize (Green) Price in Canada (CIF) - 2024
The average maize (green) import price stood at $1,921 per ton in March 2024, dropping by -10.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 45% month-to-month. Over the period under review, average import prices attained the peak figure at $2,572 per ton in September 2023; however, from October 2023 to March 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Honduras ($2,995 per ton), while the price for the United States ($1,727 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize (Green) Price in Canada (FOB) - 2024
The average maize (green) export price stood at $1,956 per ton in March 2024, shrinking by -10.9% against the previous month. Over the period under review, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 52% m-o-m. Over the period under review, the average export prices attained the maximum at $3,707 per ton in May 2023; however, from June 2023 to March 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,351 per ton), while the average price for exports to Saint Lucia ($979 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Maize (Green) Imports in Canada
In 2022, maize (green) imports into Canada declined to 107K tons, falling by -12.2% on the previous year's figure. In general, imports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 8.7% against the previous year.
In value terms, maize (green) imports rose rapidly to $192M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Maize (Green) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 102 | 106 | 109 | 116 | 4.4% |
| Mexico | 39.5 | 33.1 | 34.2 | 41.3 | 1.5% |
| Nicaragua | 5.4 | 7.0 | 7.9 | 8.2 | 14.9% |
| Honduras | 6.8 | 7.0 | 7.7 | 7.6 | 3.8% |
| Others | 16.5 | 14.9 | 19.3 | 18.9 | 4.6% |
| Total | 170 | 168 | 178 | 192 | 4.1% |
Top Suppliers of Maize (Green) to Canada in 2022:
- United States (71.0K tons)
- Mexico (26.4K tons)
- Honduras (2.2K tons)
- Nicaragua (2.1K tons)
Maize (Green) Exports in Canada
In 2022, exports of maize (green) from Canada surged to 12K tons, increasing by 23% against the previous year. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, maize (green) exports rose rapidly to $16M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Maize (Green) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.5 | 9.6 | 13.6 | 14.9 | 9.0% |
| Saint Lucia | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| Saint Pierre and Miquelon | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Hong Kong SAR | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 12.0 | 10.2 | 14.6 | 16.0 | 10.1% |
Top Export Markets for Maize (Green) from Canada in 2022:
- United States (10.7K tons)
- Saint Lucia (0.4K tons)
- Saint Pierre and Miquelon (0.3K tons)
- Hong Kong SAR (0.2K tons)
This report provides an in-depth analysis of the maize (green) market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 446 - Green Corn (Maize)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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