South Africa's maize market is projected to witness a CAGR of 4.5% during the forecast period.
- Maize production in South Africa has increased in the recent past. According to the Crop Estimates Committee (CEC), the maize production in Africa increased by 6% during the 2018-2019 cropping season, compared to the previous cropping season.
- Though maize is cultivated across South Africa, few regions, such as Free State, Gauteng, Mpumalanga, and the North-West provinces, account for 87% of the overall production of maize in the country.
Key Market Trends
Increasing Maize Crop Production
According to the FAO, the area under cultivation for maize in South Africa was 1.9 million hectares in 2016, which increased to 2.3 million hectares in 2018, an increase of 21.0%. The Crop Estimation Committee (ECE) estimated maize production to be 12.5 million, which is an 11% increase in the production of maize in the cropping season of 2019-2020. The high price of the maize in the 2018-2019 cropping season is the main reason for the increase in the production of maize in the country.
South Africa is a Major Exporter of Maize
South Africa is a significant exporter of maize, with an export volume of 1,155 thousand metric tons, valued at USD 253,083 in 2019. According to UN Comtrade, the export of maize from South Africa was 1,000 thousand metric ton in 2016, which increased to 1,155 thousand metric ton in 2019. The decreased area under production during the 2018-2019 cropping season was the major reason for a 31% decline in the export of maize in 2019. Botswana, Namibia, Mozambique, Eswatini, and Tanzania are the primary importers of maize from South Africa. Botswana alone accounts for 18.5% of South Africa's export market share.
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