The United States leads global maize oil exports with significant volumes, followed by Spain and Malaysia. Notable increases from 2023 include Brazil, experiencing a 9.86% rise, and Spain with an 8.63% increase. Conversely, Belgium and Taiwan saw declines in exports. Over the past five years, variations in export volumes have been significant, indicating dynamic market conditions. Key shifts include Poland's 14.87% rise, while Belgium experienced a decrease. The United States remains stable with minor fluctuations, reflecting its established market position.
Future trends to monitor include the potential growth in Asian markets, shifts in trade policies, and technological advancements in maize oil production. Amid environmental concerns, sustainability practices could also influence production and export trends. Monitoring these variables will be crucial for anticipating changes in the maize oil export landscape.
Top countries in Maize Oil Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 309 | 2023 | -2.22% | +1.28% | View data |
| 2 | 2 Spain | 59 | 2023 | +5.36% | +8.63% | View data |
| 3 | 3 Malaysia | 46 | 2023 | +4.55% | +3.36% | View data |
| 4 | 4 Brazil | 32 | 2023 | +3.23% | +9.86% | View data |
| 5 | 5 France | 29 | 2023 | 0% | +1.44% | View data |
| 6 | 6 South Korea | 27 | 2023 | +3.85% | +6.19% | View data |
| 7 | 7 Canada | 27 | 2023 | 0% | +3.26% | View data |
| 8 | 8 Saudi Arabia | 25 | 2023 | 0% | -0.78% | View data |
| 9 | 9 Hungary | 25 | 2023 | 0% | 0% | View data |
| 10 | 10 Belgium | 25 | 2023 | 0% | -2.24% | View data |
