The global maize oil processing market is led by the United States, which contributed 63.79 thousand metric tons in 2023, followed by Brazil at 21.03 and Azerbaijan at 10.69. In 2024, the forecast indicates minor growth trends for the United States at 2.56% and Brazil at 1.01%, while Azerbaijan showed a higher growth rate of 3.58%. Canada and Austria saw declines, with Canada at -2.33% and Austria experiencing a significant decrease of -100% in 2023.
Future trends to watch include potential shifts in global maize oil production due to technological advancements and environmental policies. Emerging markets may drive growth as they expand their production capacities and improve processing efficiency.
Top countries in Maize Oil Processing Share by Country (Thousand Metric Tons)
| # | 5 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 63.79 | 2023 | +2.78% | +2.56% | View data |
| 2 | 2 Brazil | 21.03 | 2023 | +1.67% | +1.01% | View data |
| 3 | 3 Azerbaijan | 10.69 | 2023 | +3.33% | +3.58% | View data |
| 4 | 4 Canada | 2.76 | 2023 | 0% | -2.33% | View data |
| 5 | 5 Austria | 0.34 | 2023 | -100% | View data |
