Cereal groats and meal: of maize (corn)

In 2024, cereal groats and meal: of maize (corn) trade exhibited modest growth, with global flows reaching $609,849,462 and a three-year compound annual growth rate of +6.4% (five-year: +8.6%). The all-time peak of $609,849,462 was recorded in 2024.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+5.1% acceleration).

The World Trade Flows Characterization classifies cereal groats and meal: of maize (corn) as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.112). The three largest exporters — South Africa ($143.7M), United States ($143.0M), and Türkiye ($45.5M) — collectively dominate supply flows. The leading exporter has grown at +10.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.052). The three largest import markets are DR Congo ($109.2M), Mozambique ($47.3M), and Mexico ($30.8M). The largest importing market sources from 20 different supplying countries.

Estimated substitution elasticity: -5.56. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is South Africa → DR Congo at $61.5M, representing 56.3% of the importer's total demand.

The volatility score for cereal groats and meal: of maize (corn) is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.