In 2023, Hungary and Belgium led European maize oil exports with 24.4% and 22.07% shares, respectively. Italy followed at 18.82%, while Germany and Poland trailed with modest shares. Hungary saw a robust 7.02% YoY increase. In contrast, France, Spain, and Germany faced declines. Notably, smaller exporters like Slovenia and Denmark experienced impressive growth rates, showcasing significant YoY increases. Over five years, consistent growth was less evident, with only a few countries like Italy and Austria illustrating promising trends.
Future trends to watch include Hungary's sustained growth and the potential for smaller players such as Slovenia and Denmark to expand their footprint, contributing to the diversification of Europe's maize oil export landscape.
Top countries in Export of Maize Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 24.4 | 2023 | +3.36% | +7.02% | View data |
| 2 | 2 Belgium | 22.07 | 2023 | +3.54% | +3.03% | View data |
| 3 | 3 Italy | 18.82 | 2023 | +19.44% | +8.22% | View data |
| 4 | 4 France | 15.42 | 2023 | +10.93% | -3.92% | View data |
| 5 | 5 Spain | 11.44 | 2023 | -5.39% | -17.76% | View data |
| 6 | 6 Austria | 8.51 | 2023 | +1.94% | +13.5% | View data |
| 7 | 7 Germany | 4.83 | 2023 | +2.33% | -8.41% | View data |
| 8 | 8 Poland | 0.94 | 2023 | +3.39% | +0.25% | View data |
| 9 | 9 Sweden | 0.87 | 2023 | +1.29% | +19.17% | View data |
| 10 | 10 Slovenia | 0.33 | 2023 | +0.45% | +71.31% | View data |