Report Update: Apr 1, 2024

World - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights

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Crude Maize Oil Market

Crude maize oil market: enjoy the most recent information empowered by an Ai-driven market research platform. Statistics provide market prices, trade, market size, companies, production, exports, imports, and consumption. Here is a breakdown by region, including Africa, Russia, the U.S., Latin America, China, the Middle East, EU, and the U.K. Market insights and forecast to 2030 are also featured in the reports.

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Crude Maize Oil - World's Largest Markets

Rating	Country
1	United States
2	Singapore
3	Saudi Arabia
4	Kuwait
5	Tunisia

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

From 2018 to 2020, the average annual rate of growth in terms of value in the United States totaled +10.7%. In the other countries, the average annual rates were as follows: Singapore (+139.1% per year) and Saudi Arabia (+2.1% per year).

Crude Maize Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Canada	575	580	602	2.3%
Germany	794	802	788	-0.4%
United States	967	867	803	-8.9%
Brazil	832	724	804	-1.7%
Hungary	899	748	822	-4.4%
France	895	823	822	-4.2%
Argentina	925	878	824	-5.6%
Ukraine	837	670	899	3.6%
Turkey	1214	1144	975	-10.4%
South Korea	906	824	979	4.0%
United Kingdom	1364	2781	1470	3.8%
Dominican Republic	2352	2499	2656	6.3%
Average	967	891	893	-3.9%

Prices varied noticeably by the country of origin; the country with the highest price was the Dominican Republic ($2,656 per ton), while Canada ($602 per ton) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Kuwait	1236	1075	1224	-0.5%
Azerbaijan	1012	933	1109	4.7%
Turkey	958	789	954	-0.2%
Egypt	950	789	887	-3.4%
Belgium	863	729	864	0.1%
Saudi Arabia	1026	902	854	-8.8%
Malaysia	687	790	849	11.2%
Spain	805	763	804	-0.1%
Singapore	735	767	803	4.5%
Tunisia	861	743	803	-3.4%
United States	597	595	632	2.9%
Mexico	716	695	503	-16.2%
Brazil	n/a	n/a	497	0.0%
Average	937	834	902	-1.9%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Kuwait ($1,224 per ton), while Brazil ($497 per ton) was amongst the lowest.

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

Crude Maize Oil - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Singapore	12	32	60	121.1%
Saudi Arabia	37	44	35	-2.8%
Kuwait	47	34	34	-15.4%
Turkey	21	37	31	23.3%
Tunisia	28	29	29	1.1%

In value terms, the largest crude maize oil importing markets worldwide were Singapore ($60M), Saudi Arabia ($35M) and Kuwait ($34M), with a combined 33% share of global imports.

Singapore (+121.1% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Crude Maize Oil - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	176	157	111	-20.5%
Hungary	23	24	26	7.9%
Brazil	18	11	25	17.8%
Dominican Republic	15	17	19	12.3%
Turkey	3	1.6	18	142.0%

In value terms, the United States ($111M) remains the largest crude maize oil supplier worldwide, comprising 38% of global exports. The second position in the ranking was occupied by Hungary ($27M), with a 9.1% share of global exports. It was followed by Brazil, with a 8.8% share.

From 2018 to 2020, the average annual growth rate of value in the United States stood at -20.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (+7.9% per year) and Brazil (+17.8% per year).

Crude Maize Oil - Market Forecast

The crude maize oil market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.2% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Crude 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.

Crude Maize Oil - Product Coverage

HS 151521 - Vegetable oils; maize (corn) oil and its fractions, crude, not chemically modified

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global crude 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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