The United States remains dominant in global maize oil production, contributing 53.78% of the total, followed by China with 15.56%. Other significant contributors include Brazil, South Africa, and Japan, though their shares are notably smaller. Over the past year, countries like Oman, China, and India showed notable growth, whereas Japan and Hungary experienced declines. Spain and Honduras also recorded strong growth. There has been a minimal impact observed from traditionally smaller contributors such as Slovakia, which saw a substantial decrease.
Future trends to watch include continued expansion in Asian markets, notably India and China, due to rising consumption and economic growth. The competitive landscape might shift as countries enhance production capabilities or face potential disruptions from environmental or geopolitical factors, impacting supply chains and influencing global share dynamics.
Top countries in Maize Oil Production Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 53.78 | 2023 | +2.09% | +2.21% | View data |
| 2 | 2 China | 15.56 | 2023 | +2.99% | +2.33% | View data |
| 3 | 3 Brazil | 2.88 | 2023 | 0% | +0.4% | View data |
| 4 | 4 South Africa | 2.43 | 2023 | +1.18% | +0.23% | View data |
| 5 | 5 Japan | 2.32 | 2023 | 0% | -0.24% | View data |
| 6 | 6 Italy | 2 | 2023 | 0% | +0.57% | View data |
| 7 | 7 Belgium | 1.86 | 2023 | 0% | +0.31% | View data |
| 8 | 8 France | 1.84 | 2023 | 0% | -0.9% | View data |
| 9 | 9 Canada | 1.78 | 2023 | 0% | +0.32% | View data |
| 10 | 10 Argentina | 1.38 | 2023 | +2.08% | +0.84% | View data |
