Report U.S. - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 22, 2023

U.S. - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Crude Maize Oil Market 2023

Crude Maize Oil Market Size in the U.S.

In 2021, the U.S. crude maize oil market decreased by -2% to $X for the first time since 2013, thus ending a seven-year rising trend. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.8% against 2013 indices. Over the period under review, the market attained the peak level at $X in 2020, and then declined modestly in the following year.

Crude Maize Oil Production in the U.S.

In value terms, crude maize oil production reduced to $X in 2021. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 16%. Over the period under review, production attained the peak level at $X in 2020, and then fell in the following year.

Crude Maize Oil Exports

Exports from the U.S.

In 2021, crude maize oil exports from the United States reduced rapidly to X tons, waning by -25.4% compared with the previous year. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 35%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, crude maize oil exports soared to $X in 2021. Overall, exports recorded a deep reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for crude maize oil exports from the United States, accounting for a 51% share of total exports. Moreover, crude maize oil exports to Saudi Arabia exceeded the volume sent to the second major destination, Egypt (X tons), threefold. The third position in this ranking was taken by Qatar (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-7.9% per year) and Qatar (+111.7% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for crude maize oil exports from the United States, comprising 51% of total exports. The second position in the ranking was taken by Egypt ($X), with a 22% share of total exports. It was followed by Qatar, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-6.0% per year) and Qatar (+181.8% per year).

Export Prices by Country

The average crude maize oil export price stood at $X per ton in 2021, with an increase of 64% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Egypt ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Maize Oil Imports

Imports into the U.S.

Crude maize oil imports into the United States soared to X tons in 2021, increasing by 34% on 2020 figures. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by 128%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, crude maize oil imports skyrocketed to $X in 2021. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 114%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Canada (X tons) was the main crude maize oil supplier to the United States, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada totaled +18.2%.

In value terms, Canada ($X) constituted the largest supplier of crude maize oil to the United States.

From 2012 to 2021, the average annual growth rate of value from Canada stood at +21.2%.

Import Prices by Country

In 2021, the average crude maize oil import price amounted to $X per ton, increasing by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +2.5% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for crude maize (corn) oil in the world?
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The United States remains the largest crude maize oil consuming country worldwide, comprising approx. 46% of total volume. Moreover, crude maize oil consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was taken by Brazil, with a 3.1% share.
What are the largest producers of crude maize (corn) oil in the world?
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The country with the largest volume of crude maize oil production was the United States, accounting for 49% of total volume. Moreover, crude maize oil production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. Brazil ranked third in terms of total production with a 4.3% share.
What are the leading suppliers of crude maize (corn) oil to the U.S.?
+
In value terms, Canada constituted the largest supplier of crude maize oil to the United States.
What are the leading importers of crude maize (corn) oil from the U.S.?
+
In value terms, Saudi Arabia remains the key foreign market for crude maize oil exports from the United States, comprising 51% of total exports. The second position in the ranking was held by Egypt, with a 22% share of total exports. It was followed by Qatar, with a 10% share.
What is the average export price for crude maize (corn) oil in the U.S.?
+
The average crude maize oil export price stood at $1,314 per ton in 2021, jumping by 64% against the previous year.
What is the average import price for crude maize (corn) oil in the U.S.?
+
In 2021, the average crude maize oil import price amounted to $854 per ton, jumping by 38% against the previous year.

This report provides an in-depth analysis of the crude maize oil market in the U.S.. 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:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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