The United States leads global maize oil production with significant growth. In 2023, China and Brazil followed, each showing a steady increase of 3.52% and 2.41%, respectively. South Korea marked the most notable growth at 5.8%, while Japan's production slightly dropped by 1.14%. Countries like Estonia and Singapore achieved substantial percentage growth, indicating expanding production potential. Conversely, Colombia experienced a significant decline of 7.07%, suggesting supply challenges or reduced demand.
Future trends to watch include the role of technological advancements in production efficiency and sustainability, potential shifts in consumer preferences, and the geopolitical impacts on the agricultural trade that could influence supply and demand dynamics.
Top countries in Maize Oil Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,941,300 | 2023 | +2.43% | +2.6% | View data |
| 2 | 2 China | 583,840 | 2023 | +3.89% | +3.52% | View data |
| 3 | 3 Brazil | 163,980 | 2023 | +3.11% | +2.41% | View data |
| 4 | 4 South Africa | 86,790 | 2023 | +0.73% | +0.73% | View data |
| 5 | 5 Japan | 77,890 | 2023 | -0.76% | -1.14% | View data |
| 6 | 6 France | 74,370 | 2023 | +1.77% | +1.84% | View data |
| 7 | 7 Italy | 74,350 | 2023 | +1.13% | +1.42% | View data |
| 8 | 8 Belgium | 68,230 | 2023 | +0.98% | +1.07% | View data |
| 9 | 9 Canada | 67,170 | 2023 | +1.39% | +1.52% | View data |
| 10 | 10 Argentina | 50,510 | 2023 | +1.56% | +1.54% | View data |
