Netherlands: Crude Maize Oil Market 2025

Crude Maize Oil Market Size in the Netherlands

The Dutch crude maize oil market surged to $X in 2022, picking up by 83% against the previous year. Over the period under review, consumption continues to indicate a significant expansion. Crude maize oil consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Crude Maize Oil Production in the Netherlands

In value terms, crude maize oil production amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with a decrease of 99.9%. Crude maize oil production peaked in 2022 and is likely to see gradual growth in years to come.

Crude Maize Oil Exports

Exports from the Netherlands

In 2022, after two years of growth, there was significant decline in shipments abroad of crude maize (corn) oil, when their volume decreased by -64.2% to X tons. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,504% against the previous year. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, crude maize oil exports contracted rapidly to $X in 2022. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,089%. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

France (X tons), Germany (X tons) and Sweden (X tons) were the main destinations of crude maize oil exports from the Netherlands, with a combined 87% share of total exports. Belgium, Luxembourg, Spain, Greece and Cyprus lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +119.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Sweden ($X) appeared to be the largest markets for crude maize oil exported from the Netherlands worldwide, together comprising 87% of total exports. Belgium, Luxembourg, Spain, Greece and Cyprus lagged somewhat behind, together comprising a further 13%.

Among the main countries of destination, Luxembourg, with a CAGR of +103.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average crude maize oil export price stood at $X per ton in 2022, picking up by 3.6% against the previous year. In general, the export price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 65%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Maize Oil Imports

Imports into the Netherlands

For the third year in a row, the Netherlands recorded growth in supplies from abroad of crude maize (corn) oil, which increased by 5.8% to X tons in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 1,466%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, crude maize oil imports skyrocketed to $X in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 875%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of crude maize oil to the Netherlands, with a 61% share of total imports. Moreover, crude maize oil imports from Poland exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. Belgium (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to +238.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-1.2% per year) and Belgium (+5.0% per year).

In value terms, Poland ($X) constituted the largest supplier of crude maize (corn) oil to the Netherlands, comprising 65% of total imports. The second position in the ranking was taken by Argentina ($X), with a 13% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled +280.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+8.5% per year) and Belgium (+4.8% per year).

Import Prices by Country

The average crude maize oil import price stood at $X per ton in 2022, increasing by 36% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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