The United States leads global maize oil demand with 828 thousand metric tons, followed by China with 321 thousand metric tons. Other significant markets include South Africa, Brazil, and Japan. Notable variations over the last year include positive growth in Azerbaijan, Spain, Tunisia, and Ukraine, while countries like France, Venezuela, and the United Arab Emirates saw declines. Some countries, such as Mozambique and Greece, faced negative year-over-year changes contrary to others showing steady trends. Additionally, unique decreases were observed in Poland, Malaysia, and Paraguay, affecting overall demand assessments.
Looking ahead, global demand for maize oil is expected to shift based on regional economic developments, dietary trends, and agricultural policies. Emerging markets like Azerbaijan and Tunisia might continue to show positive growth, while more established markets like the United States could see stabilized demand. External factors, such as trade policies and climate impacts on maize production, will also influence future trends.
Top countries in Maize Oil Demand by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 828 | 2023 | +0.24% | 0% | View data |
| 2 | 2 China | 321 | 2023 | +1.26% | +0.9% | View data |
| 3 | 3 South Africa | 85 | 2023 | 0% | 0% | View data |
| 4 | 4 Brazil | 78 | 2023 | +1.3% | +0.79% | View data |
| 5 | 5 Japan | 76 | 2023 | 0% | -1.02% | View data |
| 6 | 6 Italy | 67 | 2023 | 0% | 0% | View data |
| 7 | 7 Canada | 49 | 2023 | 0% | -1.18% | View data |
| 8 | 8 Azerbaijan | 48 | 2023 | +2.13% | +2.71% | View data |
| 9 | 9 Belgium | 46 | 2023 | -2.13% | +0.89% | View data |
| 10 | 10 Kuwait | 46 | 2023 | +2.22% | +1.36% | View data |
