Maize exports from India have fallen extensively this year. This has happened because of the need for so much in the domestic market, focusing on exports. Ethanol construction and fodder have increased the consumption of maize. In addition, the cost of maize in the domestic market is going on higher than ever, as exports are registered.
Eye Cereal India’s Rahul Chauhan said, “Export (maize) is going on, but in low doses. Export is good in November and December, but those exports were weak. However, the main exports are less than last year.”
Increased maize imports
On the other hand, maize imports have increased due to the demand of ethanol manufacturers, Sa Uh Han said. India does not allow maize imports. Ukraine and Myanmar are the only other major manufacturers, except India, which grows non -maize. In 2024, the import of maize is over 8 lakh tonnes, he said. Of this, 4.37 lakh tonnes from Myanmar, 4.45 lakh tonnes from Ukraine and 1,875 tonnes from Singapore.
Read: Attempts to create a new belt for maize cultivation in Bihar increased the demand for ethanol
According to DGCIS data, the price of major exports to Nepal to Nepal by December this year was reduced to $ 74.08 million ($ 104.41 million), Bangladesh $ 13.86 million ($ 13.86 million) and Malaysia to $ 0.74 million ($ 14.50 million). Exports to Bhutan increased to $ 12.84 million (.0 8.01 million) and Sri Lanka to $ 23.64 million (6 3.06 million).
Maize is needed fast
By 2024-25, it is estimated that India’s maize demand will be over 470 lakh tonnes, most of which is estimated to be 220 lakh tonnes from the poultry feed category, 50 lakh tonnes from livestock feed and 50 lakh tonnes from Starch. The demand for the ethanol sector is estimated at 100 lakh tonnes. Production estimates 320 lakh tonnes.
In the country, maize production has increased, as well as its consumption. It is used in ethanol and poultry feed, which has increased the price of maize in domestic markets. Exports are declining due to the increase in prices because many foreign countries do not want to buy it at an expensive rate.
Ethanol roll
Due to the mixing of ethanol with gasoline, the importance of maize is constantly increasing and mainly used in poultry feed, so the government is targeting to increase production levels. By 2025-2026, the Ministry of Agriculture has set a 20 % of ethanol. To achieve this goal, the government urges the farmers to increase the production of maize. For this, emphasis is given to projects such as good seeds and subsidy.
(tagstotranslate) maize exports
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