World - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 16, 2024

World - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights

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Maize Oil Market

Maize oil market: enjoy new data secured by an Ai-driven market research platform. Information include market size, market prices, imports, trade, companies, exports, consumption, and production. There is a split by region, including China, the Middle East, the U.K., Russia, Latin America, EU, Africa, and the U.S. Market dynamics and forecast to 2030 are also provided in the dashboards.


Get FREE access to the latest data and statistics on the Maize Oil Market.

Maize Oil - World's Largest Markets

RatingCountry
1United States
2China
3Brazil
4South Africa
5Italy

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by Brazil.

In the United States, the maize oil market increased at an average annual rate of +7.8% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: China (+7.8% per year) and Brazil (+7.0% per year).

Maize Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Canada808702728-5.1%
Brazil843747808-2.1%
Hungary897750826-4.0%
Argentina928888827-5.6%
United States971913926-2.3%
South Korea95792110183.1%
France116410891103-2.7%
Belgium11779591120-2.5%
Italy119893112311.4%
Turkey127911071234-1.8%
Tunisia160312631525-2.5%
Oman1562160916593.1%
Saudi Arabia205720961985-1.8%
Average115610861127-1.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Saudi Arabia ($1,985 per ton), while Canada ($728 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United Arab Emirates1275137214185.5%
Kuwait1172124913336.6%
Libya133411381251-3.2%
Azerbaijan1130103912003.1%
Egypt96080710323.7%
Turkey967791954-0.7%
Saudi Arabia1063917914-7.3%
Belgium908785876-1.8%
Netherlands7517578365.5%
Singapore834797820-0.8%
United States838733807-1.9%
Spain863780798-3.8%
Tunisia866750794-4.2%
Average110610031058-2.2%

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($1,418 per ton), while Tunisia ($794 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Kuwait, while the other global leaders experienced more modest paces of growth.

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Maize Oil - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Singapore18366387.3%
Libya1237751-35.6%
Saudi Arabia646449-12.7%
Kuwait927144-30.6%
Turkey21373121.6%

In value terms, Singapore ($64M), Libya ($51M) and Saudi Arabia ($49M) were the countries with the highest levels of imports in 2020, with a combined 23% share of global imports.

Singapore (+87.3% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Maize Oil - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
United States282239198-16.1%
Turkey51557621.7%
Saudi Arabia585953-4.6%
Tunisia301730-0.2%
Belgium2731293.1%

In value terms, the United States ($198M) remains the largest maize oil supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by Turkey ($76M), with a 10% share of global exports. It was followed by Saudi Arabia, with a 7.2% share.

From 2018 to 2020, the average annual growth rate of value in the United States amounted to -16.1%. In the other countries, the average annual rates were as follows: Turkey (+21.7% per year) and Saudi Arabia (-4.6% per year).

Maize Oil - Market Forecast

Driven by increasing demand for maize oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Maize Oil - Top Companies

Archer-Daniels-Midland Company, Ingredion Incorporated, ROQUETTE FRERES, MOLINO CAÑUELAS S.A.C.I.F.I.A., KARGILL, OOO, CARGILL POLAND SP Z O O, Tereos Starch & Sweeteners Belgium NV, Cargill Deutschland GmbH, ALWAIS COMPANY FOR FOOD INDUSTRIES, SAN TONG ENERGY CHAOCHUANG MINING GROUP (THAILAND) COMPANY LIMITED, Tate & Lyle Ingredients Americas LLC, CARGILL SRL, AGRANA Stärke GmbH, Ingredion México, S.A. de C.V., ALWAIS COUSINS CO, Unilever Bestfoods North America, KATO KAGAKU CO.,LTD., MATSUTANI CHEMICAL INDUSTRY CO., LTD., Changshouhua Food Company Limited, JAPAN CORN STARCH CO., LTD.

Maize Oil - Product Coverage

  • HS 151521 - Vegetable oils; maize (corn) oil and its fractions, crude, not chemically modified
  • HS 151529 - Vegetable oils; maize (corn) oil and its fractions, other than crude, whether or not refined, but not chemically modified

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global maize oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 60 - Oil of Maize

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Event
Which Country Consumes the Most Maize Oil in the World?
Feb 9, 2018
Eye 1480

Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Maize Oil in the World?
Nov 16, 2017
Eye 1397

In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.

Global Maize Oil Market Reached 3,5B USD
Jun 2, 2017
Eye 1704

The maize oil market reached X million USD, rising with an annual increase of X%.

The U.S. Remains the Global Leader in Maize Oil Exports despite 20% Drop in 2014
Sep 29, 2015
Eye 1385

The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize

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Eye 2170

Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.

Which Country Produces the Most Linseed Oil in the World?
Nov 20, 2017
Eye 3342

In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.

Belgium Remains the Largest Global Linseed Oil Exporter despite 11% Drop in 2014
Oct 5, 2015
Eye 1793

Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to

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The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...

Tanzania Dominates Global Sesame Oil Output
Jun 18, 2018
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In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer

Which Country Consumes the Most Sesame Oil in the World?
Feb 9, 2018
Eye 6011

Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Free Data: Maize Oil - World