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Report South-Eastern Asia - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

South-Eastern Asia - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Crude Maize Oil Market 2025

Crude Maize Oil Market Size in South-Eastern Asia

The Southeast Asian crude maize oil market skyrocketed to $X in 2022, jumping by 59% against the previous year. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Crude Maize Oil Production in South-Eastern Asia

In value terms, crude maize oil production expanded to $X in 2022 estimated in export price. Overall, production, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2019 with an increase of 36%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Crude Maize Oil Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of crude maize (corn) oil decreased by -7.2% to X tons, falling for the fifth consecutive year after six years of growth. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 74% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, crude maize oil exports contracted to $X in 2022. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 150% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia represented the major exporting country with an export of about X tons, which accounted for 61% of total exports. Singapore (X tons) held a 30% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (8.5%).

Malaysia was also the fastest-growing in terms of the crude maize (corn) oil exports, with a CAGR of -11.2% from 2012 to 2022. Indonesia (-20.5%) and Singapore (-33.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia and Indonesia increased by +52 and +4.5 percentage points, respectively.

In value terms, the largest crude maize oil supplying countries in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Indonesia ($X).

Among the main exporting countries, Malaysia, with a CAGR of -9.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, remaining constant against the previous year. Overall, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when the export price increased by 88%. The level of export peaked at $X per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+28.2%), while the other leaders experienced more modest paces of growth.

Crude Maize Oil Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of crude maize (corn) oil were imported in South-Eastern Asia; growing by 65% compared with the previous year. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 167% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, crude maize oil imports surged to $X in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 230%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Singapore (X tons) was the major importer of crude maize (corn) oil, achieving 87% of total imports. It was distantly followed by Malaysia (X tons), making up a 13% share of total imports.

Singapore was also the fastest-growing in terms of the crude maize (corn) oil imports, with a CAGR of +37.5% from 2012 to 2022. Malaysia (-4.3%) illustrated a downward trend over the same period. Singapore (+72 p.p.) significantly strengthened its position in terms of the total imports, while Malaysia saw its share reduced by -71.2% from 2012 to 2022, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported crude maize (corn) oil in South-Eastern Asia, comprising 91% of total imports. The second position in the ranking was held by Malaysia ($X), with an 8.3% share of total imports.

In Singapore, crude maize oil imports expanded at an average annual rate of +39.3% over the period from 2012-2022.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, jumping by 31% against the previous year. Over the period under review, the import price saw strong growth. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Malaysia, the Philippines and Indonesia, with a combined 97% share of total consumption.
The countries with the highest volumes of in 2021 were the Philippines, Indonesia and Singapore, together accounting for 100% of total production.
In value terms, Malaysia remains the largest crude maize oil supplier in South-Eastern Asia, comprising 76% of total exports. The second position in the ranking was occupied by Singapore, with a 24% share of total exports.
In value terms, Malaysia constitutes the largest market for imported crude maize corn) oil in South-Eastern Asia, comprising 87% of total imports. The second position in the ranking was occupied by Singapore, with an 11% share of total imports.
The export price in South-Eastern Asia stood at $1,129 per ton in 2021, rising by 46% against the previous year.
In 2021, the import price in South-Eastern Asia amounted to $940 per ton, with an increase of 5.3% against the previous year.

This report provides an in-depth analysis of the crude maize oil market in South-Eastern Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-Eastern Asia
  • 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic

  12. 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, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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