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.

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Maize Oil - World's Largest Markets

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

Maize Oil - Top Importers

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

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