The global maize oil production landscape in 2024 is dominated by the United States with a 52.12% share, followed by China at 15.68%, and Brazil at 4.4%. Notable countries include South Africa (2.33%), Japan (2.09%), and France (2%). The previous year's data shows significant variations: the US (2.6%), China (3.52%), Brazil (2.41%), and South Korea (5.8%). Japan saw a decline (-1.14%), while, dynamically, South Korea (5.8%) and Singapore (5.98%) posted remarkable growth. Trends over the past five years reveal smaller but steady growth across most major producers, with some volatility in regions like Venezuela and Russia.
Future trends to watch include potential shifts in production dynamics due to technological advancements, shifts in agricultural policies, climate change impacts, and economic fluctuations in key producing countries. Continued growth in emerging markets and technological improvements in oil extraction processes could redefine the global production distribution.
Top countries in Maize Oil Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 52.12 | 2023 | +2.43% | +2.6% | View data |
| 2 | 2 China | 15.68 | 2023 | +3.89% | +3.52% | View data |
| 3 | 3 Brazil | 4.4 | 2023 | +3.11% | +2.41% | View data |
| 4 | 4 South Africa | 2.33 | 2023 | +0.73% | +0.73% | View data |
| 5 | 5 Japan | 2.09 | 2023 | -0.76% | -1.14% | View data |
| 6 | 6 France | 2 | 2023 | +1.77% | +1.84% | View data |
| 7 | 7 Italy | 2 | 2023 | +1.13% | +1.42% | View data |
| 8 | 8 Belgium | 1.83 | 2023 | +0.98% | +1.07% | View data |
| 9 | 9 Canada | 1.8 | 2023 | +1.39% | +1.52% | View data |
| 10 | 10 Argentina | 1.36 | 2023 | +1.56% | +1.54% | View data |
