World - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
The U.S. Remains the Global Leader in Maize Oil Exports despite 20% Drop in 2014
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tonnes 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 oil exports in value terms, accounting for X% of Saudi Arabia's total imports.
From 2007 to 2014, the U.S. was a net exporter of maize oil. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced, except for 2011 and 2014 when high export prices made it less notable.
Belgium and Azerbaijan were among the other main global suppliers of maize oil in 2014. However, the fastest growing exporters from 2007 to 2014 were Hungary (+X% per year) and Azerbaijan (+X% per year). Azerbaijan significantly strengthened its position in the global export structure.
In 2014, the U.S. top X trading partners were Saudi Arabia, Libya, Kuwait, Egypt and the United Arab Emirates, with a combined X of the U.S. maize oil exports. The share of Kuwait increased (+X percentage points), while the share of Saudi Arabia illustrated negative dynamics (-X percentage points).
Source: IndexBox AI Platform
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