The United States dominates the global export of crude maize oil, holding an impressive market share of 70.49% as of 2024, with a notable year-on-year growth of 4.06% in 2023. While countries like Hungary and Germany show slight declines, South Korea and Canada exhibit significant growth rates of 8.18% and 11.75%, respectively. Emerging players like Argentina experienced a remarkable 26.81% increase, whereas traditional exporters like France saw a decline of 10.98%. Countries with smaller shares such as the Czech Republic and South Africa witnessed impressive percentage increases, marking them as potential future contributors.
As we move forward, the future trends to watch will include the strengthening position of emerging economies like Argentina and growth acceleration in small markets with significant percentage increases such as Czech Republic and South Africa. Attention should be given to macroeconomic factors and trade policies that could impact the global distribution of crude maize oil exports. Furthermore, sustainability trends and the push for renewable resources may influence production practices and trade flows, potentially reshaping market dynamics.
Top countries in Export of Crude Maize Oil Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 70.49 | 2023 | -2.22% | +4.06% | View data |
| 2 | 2 Hungary | 8.21 | 2023 | -3.81% | -2.54% | View data |
| 3 | 3 Brazil | 6.33 | 2023 | -2.75% | +1.88% | View data |
| 4 | 4 South Korea | 6.18 | 2023 | +5.38% | +8.18% | View data |
| 5 | 5 Canada | 5.53 | 2023 | +5.08% | +11.75% | View data |
| 6 | 6 Germany | 3.36 | 2023 | -0.63% | -0.31% | View data |
| 7 | 7 Singapore | 2.22 | 2023 | +4.48% | +7.63% | View data |
| 8 | 8 Argentina | 2.21 | 2023 | -8.21% | +26.81% | View data |
| 9 | 9 Ukraine | 1.71 | 2023 | -2.18% | +3.32% | View data |
| 10 | 10 Italy | 1.64 | 2023 | -1.31% | -1.45% | View data |
