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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
million USD | ||||
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 |
---|---|---|---|---|
million USD | ||||
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
This report provides an in-depth analysis of the global crude maize oil market.
This report provides an in-depth analysis of the crude maize oil market in Africa.
This report provides an in-depth analysis of the crude maize oil market in Eastern Asia.
This report provides an in-depth analysis of the crude maize oil market in Latin America and the Caribbean.
This report provides an in-depth analysis of the crude maize oil market in South-Eastern Asia.
This report provides an in-depth analysis of the crude maize oil market in Northern America.
This report provides an in-depth analysis of the crude maize oil market in Australia and Oceania.
This report provides an in-depth analysis of the crude maize oil market in the Middle East.
This report provides an in-depth analysis of the crude maize oil market in Central Asia.
This report provides an in-depth analysis of the crude maize oil market in Southern Asia.