World - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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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.
Refined Maize Oil - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | Pakistan |
| 4 | Russia |
| 5 | Bangladesh |
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
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Canada | 1149 | 1003 | 913 | -10.9% |
| South Korea | 1020 | 967 | 1058 | 1.8% |
| United States | 979 | 1014 | 1149 | 8.3% |
| Belgium | 1208 | 1060 | 1176 | -1.3% |
| Spain | 1085 | 937 | 1229 | 6.4% |
| Italy | 1264 | 1004 | 1298 | 1.3% |
| China | 1111 | 1169 | 1312 | 8.7% |
| Turkey | 1283 | 1106 | 1342 | 2.3% |
| Tunisia | 1603 | 1263 | 1525 | -2.5% |
| United Arab Emirates | 1578 | 1846 | 1569 | -0.3% |
| Oman | 1561 | 1609 | 1658 | 3.1% |
| Austria | 1939 | 1718 | 1868 | -1.8% |
| Saudi Arabia | 2141 | 2193 | 2088 | -1.2% |
| Average | 1342 | 1303 | 1359 | 0.6% |
Prices varied noticeably by the country of origin; the country with the highest price was Saudi Arabia ($2,088 per ton), while Canada ($913 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, 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 | ||||
| Germany | 1436 | 1437 | 1861 | 13.8% |
| United Arab Emirates | 1306 | 1398 | 1577 | 9.9% |
| Jordan | 1590 | 1596 | 1476 | -3.7% |
| Egypt | 1049 | 1124 | 1476 | 18.6% |
| Israel | 1290 | 1251 | 1476 | 7.0% |
| Hong Kong SAR | 1378 | 1282 | 1374 | -0.1% |
| Libya | 1335 | 1138 | 1252 | -3.2% |
| Canada | 1048 | 1108 | 1229 | 8.3% |
| Malaysia | 1061 | 989 | 1150 | 4.1% |
| Saudi Arabia | 1119 | 952 | 1094 | -1.1% |
| United States | 1105 | 1056 | 1038 | -3.1% |
| Netherlands | 1537 | 1335 | 828 | -26.6% |
| Somalia | 879 | 733 | 728 | -9.0% |
| Average | 1275 | 1224 | 1305 | 1.2% |
Prices varied noticeably by the country of destination; the country with the highest price was Germany ($1,861 per ton), while Somalia ($728 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.
Refined Maize Oil - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Libya | 122 | 76 | 51 | -35.5% |
| United Arab Emirates | 37 | 30 | 24 | -20.0% |
| Jordan | 17 | 20 | 19 | 4.0% |
| Germany | 1.6 | 1.3 | 17 | 233.2% |
| Netherlands | 2.6 | 2 | 14 | 132.1% |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 107 | 82 | 87 | -9.4% |
| Turkey | 48 | 53 | 58 | 9.9% |
| Saudi Arabia | 56 | 56 | 50 | -5.4% |
| Tunisia | 30 | 17 | 30 | -0.2% |
| Belgium | 24 | 23 | 26 | 3.2% |
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
This report provides an in-depth analysis of the global refined 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:
- Prodcom 10621460 - Refined maize (corn) oil and its fractions (excluding chemically modified)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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