The European import of refined maize oil shows significant variability by country. The Netherlands leads, though with a noticeable decline of 7.48% from 2023. Germany's imports grew by 4.69%, considerably driven by higher demands. Notably, Spain experienced the largest growth, surging by 40.14%, indicative of shifting market dynamics. Other countries like Belgium and France also saw substantial increases, at 14.76% and 16.85% respectively. In contrast, Italy and the UK reported reductions of over 9% and 10% respectively. Over five years, a mixed trend emerges with varied year-on-year changes.
Future trends to watch:
- Potential increase in demand due to heightened health awareness driving the consumption of maize oil.
- Trade policy changes and economic fluctuations affecting import volumes.
- Development of local production within Europe potentially affecting import dynamics.
- Environmental sustainability trends could influence sourcing and import strategies.
Top countries in Import of Refined Maize Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 16,228,000 | 2023 | -3.46% | -7.48% | View data |
| 2 | 2 Germany | 9,033,000 | 2023 | +5.11% | +4.69% | View data |
| 3 | 3 Greece | 6,060,800 | 2023 | -7.88% | -6.43% | View data |
| 4 | 4 Belgium | 4,549,700 | 2023 | +11.67% | +14.76% | View data |
| 5 | 5 Finland | 3,934,600 | 2023 | +0.0075% | View data | |
| 6 | 6 Portugal | 3,339,800 | 2023 | +24.22% | -2.44% | View data |
| 7 | 7 Austria | 3,096,600 | 2023 | +4% | +7.25% | View data |
| 8 | 8 Italy | 2,910,300 | 2023 | +7.85% | -9.33% | View data |
| 9 | 9 France | 2,797,700 | 2023 | +5.98% | +16.85% | View data |
| 10 | 10 Spain | 1,750,900 | 2023 | +27.93% | +40.14% | View data |
