Market research

Maize flour and cereals market in Belize

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for maize flour and cereals in Belize grew steadily from 2018 to 2022, with volume increasing from 13 665 t to 15 565 t. This represented a cumulative rise of nearly 14% over the four-year period, with the most significant single-year growth of 4.5% occurring in 2022.

In 2023, the market contracted by 7%, falling to 14 474 t. Despite this decline, the market volume remained higher than the levels recorded in 2018 through 2020, resulting in a net increase of 6% over the entire 2018–2023 span.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Belize
  1. 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Belize in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production maize flour and cereals in Belize

In kind, 2018-2021, t

Top producers of maize flour and cereals, 2018-2021

Source: SHEV.io

World map of production of maize flour and cereals, 2018-2021

Source: SHEV.io

In Belize, 15 500 tonnes of maize flour and cereals were produced in 2021, marking a 3.3% increase compared to 2020. Production grew by 6.9% between 2018 and 2021, which translates to an annualized growth rate of 2.2%. The largest increase occurred in 2019, at 3.4%, while the smallest change was recorded in 2020, with no significant variation.

Annual dynamics of production in Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	3.4%	-	3.3%	2.2%

Source: SHEV.io

In value, 2018-2021, K $ US

Maize flour and cereals production in Belize has risen for the third consecutive year. In 2021, the output was valued at 7 927 thousand US dollars, representing a 4.4% increase from 2020. Over the period from 2018 to 2021, production increased by 15.9%, with a compound annual growth rate of 5.0%.

Annual dynamics of production in Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	1.8%	9.0%	4.4%	5.0%

Source: SHEV.io

Exports maize flour and cereals from Belize

Exports in kind, t

After two years of growth, maize flour and cereals exports from Belize declined in 2021. Exports amounted to 2 452 tonnes, down by 6.6% compared to 2020. Between 2018 and 2021, exports increased by 10.2%, with a compound annual growth rate of 3.3%. The highest volume was recorded in 2020 at 2 627 tonnes, while the largest increase occurred in 2019, at 17.3%.

Annual dynamics of product's exports from Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	17.3%	0.7%	(6.6%)	3.3%

Source: SHEV.io

From 2018 to 2021, the export market structure was highly concentrated, with Jamaica alone accounting for 94.0% of total exports in volume terms.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Belize in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Following a two-year upward trend, maize flour and cereals exports from Belize decreased in 2021. Exports totalled 1 254 thousand US dollars, down by 5.7% compared to 2020. Over the period from 2018 to 2021, exports increased by 19.5%, with a compound annual growth rate of 6.1%. The peak value was recorded in 2020 at 1 330 thousand US dollars, and the largest increase was in 2019, at 15.4%.

Annual dynamics of product's exports from Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	15.4%	9.8%	(5.7%)	6.1%

Source: SHEV.io

Between 2018 and 2021, Jamaica dominated the list of buyers for maize flour and cereals from Belize, taking 95.0% of total exports in value terms.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Belize in value, 2018-2021

Source: SHEV.io

Imports maize flour and cereals to Belize

Imports in kind, t

After two years of growth, Belize's imports of maize flour and cereals declined in 2021. Imports totalled 1 853 tonnes, showing a modest decrease of 6.9% compared to the previous year. Between 2018 and 2021, imports increased by 33.3%, equating to an annualized growth rate of 10.1%. The highest volume was recorded in 2020 at 1 990 tonnes, and the largest increase occurred in 2019, at 25.6%.

Annual dynamics of product's imports to Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	25.6%	14.0%	(6.9%)	10.1%

Source: SHEV.io

From 2018 to 2021, the country structure of imports in volume terms was strongly concentrated, with Mexico and Guatemala together accounting for 98.3% of total flows, while other partners formed a residual portion.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

After a two-year advance, imported maize flour and cereals volumes in Belize declined in 2021. Imports amounted to 1 239 thousand US dollars, marking a solid contraction of 11.1% compared to 2020. Between 2018 and 2021, imports increased by 25.1%, equating to an annualized growth rate of 7.7%. The maximum value was recorded in 2020 at 1 394 thousand US dollars, and the largest increase was in 2019, at 22.2%.

Annual dynamics of product's imports to Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	22.2%	15.1%	(11.1%)	7.7%

Source: SHEV.io

Between 2018 and 2021, Mexico and Guatemala together accounted for 96.9% of total imports in value terms, with other countries forming a diversified but less significant portion.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in value, 2018-2021

Source: SHEV.io