In 2023, Spain led global maize oil imports at 61.0 thousand metric tons, followed by the Netherlands with 56.0, and Saudi Arabia with 46.0. Notable increases were seen in the Netherlands with an 18.47% rise and Spain with an 8.81% increase, indicating robust demand. Conversely, Saudi Arabia and Kuwait experienced slight declines. Over the past five years, the compound annual growth rate (CAGR) reflects moderate growth in key markets, emphasizing the expanding use of maize oil.
Future trends to watch include the potential impact of policy changes on trade, shifts in consumer preferences towards healthier oils, and the influence of global economic conditions on import dynamics. Continued monitoring of these factors will be essential to understand the evolving market landscape for maize oil imports worldwide.
Top countries in Maize Oil Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 61 | 2023 | +3.39% | +8.81% | View data |
| 2 | 2 Netherlands | 56 | 2023 | +3.7% | +18.47% | View data |
| 3 | 3 Saudi Arabia | 46 | 2023 | -4.17% | -2.04% | View data |
| 4 | 4 Tunisia | 42 | 2023 | +2.44% | +8.45% | View data |
| 5 | 5 Kuwait | 37 | 2023 | 0% | -3.41% | View data |
| 6 | 6 United States | 34 | 2023 | +3.03% | +3.96% | View data |
| 7 | 7 Malaysia | 33 | 2023 | +3.13% | +5.71% | View data |
| 8 | 8 Egypt | 31 | 2023 | -3.12% | +4.4% | View data |
| 9 | 9 Oman | 30 | 2023 | +3.45% | +2.13% | View data |
| 10 | 10 United Arab Emirates | 22 | 2023 | -4.35% | -1.73% | View data |
