In 2023, Spain led European imports of crude maize oil, accounting for 38.59% of the market, though showing a 6.85% year-on-year decline. Greece and Belgium followed, with shares of 17.74% and 12.23%, respectively, exhibiting moderate growth. Notably, Germany and the Netherlands demonstrated significant increases with 56.02% and 41.86% growth rates. Conversely, Italy and Austria saw substantial declines. Romania's imports surged by 89.57%, albeit from a smaller base. Over five years, variations were less pronounced but depicted a general shift in trade dynamics, with rising shares from Germany and France, and a notable decline in Spain's dominance.
Future trends to watch:
- Germany's increasing share, driven by rising demand and favorable trade conditions.
- Potential shifts in import strategies due to regional policy changes, particularly in sustainability.
- Diversification among smaller countries as market dynamics evolve and opportunities arise.
- The impact of economic and agricultural policies within the European Union on import levels.
Top countries in Import of Crude Maize Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 38.59 | 2023 | +0.43% | -6.85% | View data |
| 2 | 2 Greece | 17.74 | 2023 | +9.4% | +1.52% | View data |
| 3 | 3 Belgium | 12.23 | 2023 | -4.8% | +0.57% | View data |
| 4 | 4 Ireland | 6.86 | 2023 | +37.68% | +4.1% | View data |
| 5 | 5 Austria | 5.11 | 2023 | -0.61% | -7.45% | View data |
| 6 | 6 Italy | 4.37 | 2023 | -22.27% | -22.48% | View data |
| 7 | 7 Netherlands | 3.74 | 2023 | +2.7% | +41.86% | View data |
| 8 | 8 France | 3.29 | 2023 | +13.26% | +22.34% | View data |
| 9 | 9 Germany | 2.55 | 2023 | +10.82% | +56.02% | View data |
| 10 | 10 Sweden | 1.84 | 2023 | -0.15% | +12.46% | View data |
