Market research

Maize market in Belize

Maize market in Belize

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The maize market in Belize exhibited significant volatility between 2018 and 2023. After reaching 68.9 thousand tons in 2018, market volume contracted sharply the following year, falling to 55.3 thousand tons.

A strong recovery phase began in 2020, with the market expanding to 81.4 thousand tons. Growth continued through 2021, lifting the market size above 105 thousand tons. The market then entered a period of stabilization, with volume reaching 109.2 thousand tons in 2022 and holding steady at 109.5 thousand tons in 2023.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 5. Production
    1. 5.1. Production in Belize
      1. 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, K 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, K 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, K 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. 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. 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. 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. 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 in Belize

In kind, 2018-2021, K t

Top producers of maize, 2018-2021

Source: SHEV.io

World map of production of maize, 2018-2021

Source: SHEV.io

Maize production in Belize has increased for the second consecutive year. In 2021, Belize produced 108.7 thousand tons of maize, reflecting a significant increase of 30.5% compared to 2020. Over the period from 2018 to 2021, production grew by 39.8%, with a compound annual growth rate of 11.8%. The lowest production level was recorded in 2019 at 58.0 thousand tons. The largest decline occurred in 2019, with a drop of 25.4%, while the largest increase was observed in 2020, with a rise of 43.6%.

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

Parameter201920202021CAGR
1Change from last year(25.4%)43.6%30.5%11.8%
Source: SHEV.io

In value, 2018-2021, K $ US

Belize's maize production has increased for the second consecutive year. In 2021, the output of maize was valued at 41 407 thousand US dollars in Belize, indicating a sharp increase of 68.5% compared to the previous year. Over the period from 2018 to 2021, production value rose by 98.3%, with a compound annual growth rate of 25.6%. The lowest value was recorded in 2019 at 16 064 thousand US dollars. The largest decline occurred in 2019, with a decrease of 23.1%.

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

Parameter201920202021CAGR
1Change from last year(23.1%)53.0%68.5%25.6%
Source: SHEV.io

Exports maize from Belize

Exports in kind, t

The market exhibited volatility during the observed period. The maximum export volume in 2018 and the minimum in 2020 showed a 4-fold difference. In 2021, Belize's maize export volume totaled 3 948 tons, marking a steep increase of 70.8% compared to the previous year. The lowest value was recorded in 2020 at 2 311 tons. The largest decline occurred in 2019, with a drop of 65.2%.

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

Parameter201920202021CAGR
1Change from last year(65.2%)(28.4%)70.8%(24.8%)
Source: SHEV.io

From 2018 to 2021, Guatemala dominated the country structure of exports in kind, accounting for 74.9% of total flows, while other destinations had relatively small shares.

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

The market showed signs of volatility over the observed period. Exports peaked in 2018 and reached their lowest point in 2020, with a 3.7-fold difference between these years. In 2021, the value of maize exports from Belize came to 1 503 thousand US dollars, which is 120.6% higher than in 2020. The lowest value was recorded in 2020 at 681 thousand US dollars. The largest decline occurred in 2019, with a decrease of 64.1%.

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

Parameter201920202021CAGR
1Change from last year(64.1%)(23.7%)120.6%(15.5%)
Source: SHEV.io

From 2018 to 2021, Guatemala and Trinidad and Tobago dominated exports in value terms, together accounting for 90.8% of total flows, with other destinations making smaller individual contributions.

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 to Belize

Imports in kind, t

Belize's maize import volume has declined for the second consecutive year. In 2021, Belize imported approximately 320 tons of maize, amounting to a strong reduction of 17.1% year-over-year. Over the period from 2018 to 2021, imports decreased by 22.8%, with a compound annual growth rate of 8.3%. The highest import volume was recorded in 2019 at 443 tons. The largest increase occurred in 2019, with a rise of 6.9%.

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

Parameter201920202021CAGR
1Change from last year6.9%(12.9%)(17.1%)(8.3%)
Source: SHEV.io

From 2018 to 2021, Mexico (35.1% of imports in kind), Brazil (27.5% of imports in kind), and the United States (18.5% of imports in kind) consistently held leading positions in the country structure of imports in kind, jointly accounting for 81.1% of total flows.

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

Maize imports to Belize have declined for the second consecutive year. In 2021, imports totaled 1 705 thousand US dollars, representing a robust decrease of 14.7% year-over-year. Over the period from 2018 to 2021, imports decreased by 20.7%, with a compound annual growth rate of 7.4%. The highest value was recorded in 2019 at 2 558 thousand US dollars. The largest decline occurred in 2020, with a drop of 21.9%, while the largest increase was observed in 2019, with a rise of 19.0%.

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

Parameter201920202021CAGR
1Change from last year19.0%(21.9%)(14.7%)(7.4%)
Source: SHEV.io

From 2018 to 2021, the leading destinations for maize imports in value terms to Belize were Mexico (37.4% of imports in value terms), Brazil (33.0% of imports in value terms), and Thailand (17.5% of imports in value terms), which together accounted for 87.9% of total flows.

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

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