Report Update May 1, 2025

Slovakia - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Maize Oil Market 2025

Maize Oil Market Size in Slovakia

In 2022, the Slovak maize oil market increased by 39% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption enjoyed buoyant growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Maize Oil Production in Slovakia

In value terms, maize oil production reduced to $X in 2022 estimated in export price. Overall, production enjoyed a tangible expansion. The growth pace was the most rapid in 2015 with an increase of 253%. Maize oil production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Maize Oil Exports

Exports from Slovakia

In 2022, the amount of maize oil exported from Slovakia soared to X tons, with an increase of 8,642% on the previous year's figure. Overall, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, maize oil exports surged to $X in 2022. In general, exports posted a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for maize oil exports from Slovakia, with a 99% share of total exports. It was followed by the Czech Republic (X tons), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hungary amounted to +24.9%.

In value terms, Hungary ($X) emerged as the key foreign market for maize oil exports from Slovakia, comprising 99% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hungary amounted to +41.9%.

Export Prices by Country

In 2022, the average maize oil export price amounted to $X per ton, falling by -18% against the previous year. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 141%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Oil Imports

Imports into Slovakia

In 2022, supplies from abroad of maize oil increased by 159% to X tons, rising for the second year in a row after three years of decline. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 18,570%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, maize oil imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by 263%. Imports peaked at $X in 2017; afterwards, it flattened through to 2022.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest maize oil supplier to Slovakia, accounting for a 79% share of total imports. Moreover, maize oil imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic totaled +140.0%.

In value terms, the Czech Republic ($X) constituted the largest supplier of maize oil to Slovakia, comprising 83% of total imports. The second position in the ranking was held by Hungary ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to +113.5%.

Import Prices by Country

In 2022, the average maize oil import price amounted to $X per ton, surging by 28% against the previous year. Over the period under review, the import price, however, saw a significant curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Hungary stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize oil in the world?

The country with the largest volume of maize oil consumption was the United States, comprising approx. 45% of total volume. Moreover, 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 occupied by Brazil, with a 3.2% share.

What are the largest producers of maize oil in the world?

The United States remains the largest maize oil producing country worldwide, comprising approx. 50% of total volume. Moreover, 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 4.4% share.

What are the leading suppliers of maize oil to Slovakia?

In value terms, the Czech Republic and Hungary constituted the largest maize oil suppliers to Slovakia.

What are the leading importers of maize oil from Slovakia?

In value terms, the Czech Republic remains the key foreign market for maize oil exports from Slovakia.

What is the average export price for maize oil in Slovakia?

In 2021, the average maize oil export price amounted to $1,359 per ton, rising by 4.7% against the previous year.

What is the average import price for maize oil in Slovakia?

The average maize oil import price stood at $759 per ton in 2021, increasing by 12% against the previous year.

This report provides an in-depth analysis of the maize oil market in Slovakia. 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:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024