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Report Venezuela - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2025

Venezuela - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Crude Maize Oil Market 2025

Crude Maize Oil Market Size in Venezuela

The Venezuelan crude maize oil market contracted modestly to $X in 2022, with a decrease of -3.1% against the previous year. Overall, consumption showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 6.7%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Crude Maize Oil Production in Venezuela

In value terms, crude maize oil production reduced to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Crude Maize Oil Exports

Exports from Venezuela

In 2016, after two years of decline, there was decline in overseas shipments of crude maize (corn) oil, when their volume decreased by 0% to X tons. In general, exports continue to indicate a buoyant expansion. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the maximum in 2016 and are likely to see steady growth in years to come.

In value terms, crude maize oil exports stood at $X in 2016. Overall, exports recorded a noticeable reduction. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for crude maize oil exports from Venezuela, with a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Sweden was relatively modest.

From 2013 to 2016, the average annual rate of growth in terms of value to Sweden was relatively modest.

Export Prices by Country

In 2016, the average crude maize oil export price amounted to $X per ton, flattening at the previous year. In general, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2014 a decrease of 99.9%. The export price peaked at $X per ton in 2013; however, from 2014 to 2016, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2013 to 2016, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Crude Maize Oil Imports

Imports into Venezuela

In 2022, supplies from abroad of crude maize (corn) oil increased by 13% to X tons for the first time since 2012, thus ending a nine-year declining trend. In general, imports, however, faced a sharp downturn. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, crude maize oil imports fell to $X in 2022. Overall, imports, however, saw a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of 19%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of crude maize oil to Venezuela, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -43.9%.

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

From 2012 to 2022, the average annual growth rate of value from the United States stood at -30.9%.

Import Prices by Country

The average crude maize oil import price stood at $X per ton in 2022, waning by -18.1% against the previous year. In general, the import price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2016 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of crude maize oil consumption was the United States, accounting for 47% of total volume. Moreover, crude maize oil consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. Brazil ranked third in terms of total consumption with a 3.2% share.
The United States constituted the country with the largest volume of crude maize oil production, comprising approx. 50% 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 4.4% share.
In value terms, the United States constituted the largest supplier of crude maize oil to Venezuela.
The average crude maize oil export price stood at $1,009 per ton in 2016, stabilizing at the previous year.
The average crude maize oil import price stood at $2,606 per ton in 2021, waning by -4.4% against the previous year.

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

  • Venezuela

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Venezuela
  • 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 THE 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 TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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 Export

    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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 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, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    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: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    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, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    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, 2012–2024

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