How is maize used in europe?

Market Snapshot

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Market Overview

The European maize market is projected to register a CAGR of 4.3% during the forecast period (2022-2027).

There was a negative impact on food supply chains and demand for food in Europe due to the COVID-19 pandemic. The shortage of labor led to disruption in harvesting activities. During the early stages of lockdown, farmers faced challenges in input availability, transportation, sales, and cash flows. The trade barriers imposed have made it difficult to export and import the product.

The leading maize-producing countries in Europe are Ukraine, France, Italy, and Romania. Ukraine alone accounts for almost 10.0% of the global maize crop. Even though the European Union has the largest market share in the global maize export, it imports 13.0% of the total maize produced globally. Ukraine is the largest exporter of maize in Europe; it exports around 46.0% of its total production to other European countries. Such a huge dependence on the Ukrainian maize supply can, at times, proves detrimental for other European countries. The recent political instability in Ukraine, the war in Ukraine, and the ban on Ukrainian trade have created a shortage of maize supply in Europe. France utilizes 50.0% of its maize production as pig feed and exports the rest to other European countries.

Scope of the report

Maize, also known as corn, is a cereal grain that is considered a commodity and a staple food in multiple parts of the world, including Europe. The present report covers maize production, consumption, trade, and price trend analysis. Here, maize is considered a commodity, and the data involved excludes maize seeds for sowing. Market size estimations for the forecast years were in nominal terms. The average selling price (ASP) was kept constant through the forecast period for each country. The European maize market is segmented by geography into Ukraine, France, Italy, and Romania. The report includes the production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers market estimation and forecasts in value (USD thousand) and volume (metric ton).

Geography (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
Ukraine
France
Italy
Romania

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The Increased Demand for Animal-based Protein Sources is Driving the Market

The increasing pressure on the livestock industry has intensified in recent years to meet the rising demand for meat and high-value animal protein. Population growth, rising incomes in developing nations, and urbanization have led to a surge in global livestock consumption. The levels of income and consumption of animal protein have been found to be directly correlated to the consumption of milk, meat, and eggs, which is increasing at the expense of staple foods. According to Eurostat, the consumption of meat per capita in EUcountries was about77.1 kilograms. The EU has a sizeable livestock population; in 2020, there were 146 million pigs, 76 million bovine animals, and 75 million sheep and goats. According to FAO, the livestock sector consumes annually about 6 billion ton of feed materials in dry matter, including one-third of the global cereal production. Maize is one of the key ingredients of almost every type of compound feed for animal types, such as ruminants, poultry swine, and aquaculture. Hence, the rising demand for animal-based protein sources is likely to drive the trade and the market for maize at a global level.

How is maize used in europe?

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Increase in Production of Maize

In Europe, maize is usually grown as a summer crop. The increasing demand for maize leads to a rise in production in the region. According to FAO, the area harvested under maize increased from17.34 in 2017 to 19.41 in 2020. Eventually, the production increased by 11.7% during 2017 to 2020. Ukraine accounted for the largest production of 30.29 million ton in 2020, contributing to 24.4% of the total production in Europe. Ukraine is also the fourth-largest exporter of maize in the world, valued at USD 4.8 million in 2020. China is the major importer of maize from Ukraine. Ukraine, France, Romania, and the Russian Federation account for 55.29% of total maize production in Europe. Among the European countries, the largest area under maize harvest is in Ukraine, 5.3 million hectares, an increase of 8.1% during 2019-2020. In 2020, maize production in Europe was 8.8 million ton less than in 2019, impacted by dry conditions and severe heatwaves in large parts of western and northern central Europe, eastern Romania and Bulgaria, and northern Greece. The increases in population, animal feed, and food consumption are the attributed factors for the growth in production and area. With the rise in population, production is expected to rise during the forecast period.

How is maize used in europe?

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)

      1. 5.1.1 Ukraine

      2. 5.1.2 France

      3. 5.1.3 Italy

      4. 5.1.4 Romania

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

  7. 7. AN ASSESSMENT OF THE COVID-19 IMPACT ON THE MARKET

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Frequently Asked Questions

What is the study period of this market?

The Europe Maize Market market is studied from 2017 - 2027.

What is the growth rate of Europe Maize Market?

The Europe Maize Market is growing at a CAGR of 4.3% over the next 5 years.

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Why was maize an important crop in Europe?

The origins of maize sowing in Europe Today's commercial crop was developed from a wild grass brought over to Europe by sea. Due to repeated crop failures in potato farming, maize took on a central role in feeding the population during the 19th century.

How is maize used in Africa?

More than 300 million Africans depend on maize as the main staple food crop. All parts of the crop can be used for food and non-food products. Maize accounts for 30−50% of low-income household expenditures in Africa. Over 30% of the caloric intake of people in sub‐Saharan Africa comes from maize.

What is introduced maize in Europe?

Despite some controversy, it became clear that maize was first introduced into Europe by Colombus, who brought it back from the West Indies to southern Spain in 1493.

How did maize get to Europe?

The first historical record attesting maize European introduction is that from the Caribbean by Colombus in Spain, 1493. From there, maize was rapidly brought to the Vatican [44] and the earliest European representations of maize are most likely those painted in frescoes near Rome dating from 1517 [42].