Refined Maize Oil Market

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

Get FREE access to the latest REPORT on the Refined Maize Oil Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Refined Maize Oil - World's Largest Markets

In value terms, the largest refined maize oil markets worldwide were China, India and Pakistan, together comprising 30% of the global market. Russia, Bangladesh, the United States, Nigeria, Brazil, Japan, Mexico, Indonesia, Turkey and Ethiopia lagged somewhat behind, together accounting for a further 23%.

In terms of the main consuming countries, Bangladesh recorded the highest rates of growth with regard to market size, over the period under review, while refined maize oil market for the other global leaders experienced more modest paces of growth.

Refined Maize Oil Prices

Refined Maize Oil - Top Importers

In value terms, Libya ($51M) constitutes the largest market for imported refined maize (corn) oil worldwide, comprising 15% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($24M), with a 7% share of global imports. It was followed by Jordan, with a 5.5% share.

From 2018 to 2020, the average annual growth rate of value in Libya stood at -35.5%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-20.0% per year) and Jordan (+4.0% per year).

Refined Maize Oil - Top Exporters

In value terms, the largest refined maize oil supplying countries worldwide were the United States ($87M), Turkey ($58M) and Saudi Arabia ($50M), together accounting for 45% of global exports. Tunisia, Belgium, Oman, Austria, the United Arab Emirates, Italy, China, Spain, South Korea and Canada lagged somewhat behind, together comprising a further 38%.

Austria saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Refined Maize Oil - Market Forecast

Driven by rising demand for refined maize oil worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.

Refined 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.

Refined Maize Oil - Product Coverage

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