This statistic shows the price of edible corn oil in the United States from 2004/05 to 2023/24. As of 2017/2018, corn oil prices stood at around 30.35 cents per pound in the United States. By 2022/23, the prices of corn oil increased to 61.62 cents per pound.

The price of corn oil in the United States for Q4 2023 reached 1406 USD/MT in December. In China, corn oil prices reached 1676 USD/MT in December. Similarly, the Q4 2023 corn oil price in Germany was 2346 USD/MT.

Explore the multifaceted dynamics influencing crude corn oil prices, from supply-demand imbalances and seasonal production patterns to international trade policies and the rising demand for biodiesel. This article delves into how weather, trade, and market speculation impact pricing, highlighting crude corn oil's significant role in food and energy industries.

As of May 2023, the monthly average price of corn oil in Egypt amounted to 70.58 Egyptian pounds (2.28 U.S. dollars) per liter, which indicated a increase of 77.38 percent when compared to May of the preceding year. During the period under review, the price of corn oil followed an overall increasing price.

Explore the complexities of corn oil pricing as influenced by crop yields, market demand, and economic conditions in 2023, with insights from USDA data highlighting supply, demand, international trade, and energy market impacts on the agricultural economy.

Explore the factors influencing corn oil prices per ton, from market demand and weather conditions to geopolitical and economic shifts. Learn about the complex dynamics of global trade, currency exchange rates, and agricultural developments affecting corn oil costs. Stay informed on trends and forecasts crucial for industries reliant on this versatile commodity.

Global Corn Oil Market to hit USD 8.19B by 2029 growing at 7.4% CAGR. Explore trends, drivers, and competition for strategic insights with The Business Research Company.

The global corn oil market size was valued at USD 6.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 11.47 Billion by 2033, exhibiting a CAGR of 6.5% during 2025-2033. North America currently dominates the market, holding a significant market share of over 55.7% in 2024. The corn oil market share is experiencing robust growth, driven by the escalating health consciousness among consumers, rising product demand in the biofuel sector, growing impact of urbanization and economic development, continuous technological advancements in extraction and processing techniques, and burgeoning innovations in the food industry.

IMARC Group provides an analysis of the key trends in each segment of the global corn oil market, along with forecasts at the global and regional levels from 2025-2033. The market has been categorized based on product type, application, and distribution channel.

Corn decreased 3.39 USd/BU or 0.74% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on March of 2025.

According to Cognitive Market Research, the global Corn Oil market size will be USD 6698.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2679.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2009.46 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1540.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 337.41 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 133.96 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
the Food and Beverage category dominated the Corn Oil Market in 2023.

Market Dynamics of Corn Oil Market

Key Drivers for Corn Oil Market

Rising health consciousness among consumers

One of the primary reasons driving market expansion is rising consumer health consciousness, which has resulted in a shift toward healthier oils. In accordance with this, the increased use of corn oil due to its high unsaturated fat content and low levels of saturated fats, which aid in cholesterol regulation and heart disease risk reduction, is driving market expansion. Furthermore, maize oil contains essential fatty acids such as linoleic acid, which are important for a variety of body activities, including cellular health, cognitive function, and inflammatory regulation. Aside from that, corn oil's broad use in salad dressings, frying, baking, and non-food goods such as soaps and biofuels is helping to boost its market share.

Increasing biofuel production

The booming biofuel business, which uses maize oil as a feedstock for biodiesel manufacturing, is driving market expansion. In accordance with this, the implementation of different government policies and requirements to encourage sustainable energy solutions, hence increasing demand for corn oil, is boosting market growth. Aside from that, widespread product integration in biofuel production is improving energy security by diversifying the energy mix and reducing dependency on oil imports, which is benefiting maize oil market share. Furthermore, constant improvements in biofuel technology that improve the efficiency and cost-effectiveness of corn oil-based biofuels are boosting market growth

Restraint Factor for the Corn Oil Market

Fluctuating Raw Material Prices

A major constraint to the Corn Oil Market is the fluctuating prices of raw material. Extraction of corn oil majorly depends on the price of corn, which by all means is bound to fluctuate every now and then based on climatic factors, market demand, and global economic trends. These fluctuations in turn affect the cost of production, hence impacting on the pricing and profitability of manufacturers of corn oil. Thus, the market participants need to manage and forecast price changes so that they can sustain the business operations and their pricing strategies without being disrupted. Businesses are quite hard to run within the corn oil market as uncertainty in the price of raw materials imposes the necessity of an effective risk management strategy and constant monitoring of the market trends to offset the impact of price volatility in the operation

Impact of Covid-19 on the Corn Oil Market

The Covid-19 pandemic has had a profound effect on the corn oil market. Supply has changed as a result of disruptions in global supply chains, combined with a change in consumer behavior driven over the course of the pandemic. With people's focus shifting toward health and wellness, there was increasing interest in cooking oils that were said to be healthier, including corn oil. This fact contributed to a very great rise in demand for corn oil in some areas. On the resolutely alternative end, there were bottlenecks on the supply side, such as a shortage of labor, logistics, and fluctuations in raw material prices impacting the production and supply of corn...

Maize Oil Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.

This statistic shows the estimated value of the corn oil market worldwide in 2019, and a forecast figure for 2024. In 2019, the global corn oil market was valued at about 6.8 billion U.S. dollars, and is forecast to reach nearly 7.2 billion dollars by 2024.

The global Zea Mays (Corn) oil market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise figures for market size and CAGR aren't provided, industry reports suggest a significant market value. Let's assume, for illustrative purposes, a 2025 market size of $5 billion USD and a CAGR of 4% for the forecast period (2025-2033). This growth is fueled by several key factors. The rising popularity of corn oil in food applications, particularly in processed foods and cooking oils, is a major driver. Its relatively low cost compared to other vegetable oils makes it highly competitive. Additionally, the growing use of corn oil in the cosmetics and pharmaceutical industries, for its emollient and other properties, is contributing to market expansion. Further growth is expected from increasing health awareness, with refined corn oil variants offering healthier alternatives. However, the market faces certain constraints. Fluctuations in corn prices directly impact corn oil production costs, leading to price volatility. Furthermore, concerns regarding potential health impacts of some corn oil varieties, particularly those high in saturated fat, might limit market growth in certain regions and consumer segments. The market is segmented by type (unrefined, refined, and other) and application (food, cosmetic, medicine, and other). Major players like Ingredion, ADM, Cargill, and others are leveraging technological advancements and strategic partnerships to strengthen their market positions. Regional analysis indicates strong performance across North America, Asia-Pacific, and Europe, with growth opportunities also presenting themselves in developing economies. The ongoing research into healthier corn oil variants and its utilization in new applications will continue to shape the market's trajectory in the coming years.

Explore the factors influencing maize oil prices, including agricultural yields, global demand, energy markets, and trade policies. Understand the impact of weather conditions, import tariffs, and economic conditions on corn oil pricing volatility, and how these elements affect consumer and investor decision-making.

28 Global import shipment records of Corn Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Explore the critical factors driving corn oil price fluctuations, including climate impacts, global trade regulations, and increased biofuel demand. Understand the implications for consumers and industries, and discover strategies to navigate the evolving economic landscape of corn oil.

292 Global export shipment records of Corn Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Explore the dynamics influencing the price of distiller's corn oil (DCO), a byproduct of ethanol production. Discover how supply and demand, agricultural productivity, energy market trends, policy decisions, and global trade impact DCO prices, with insights into the biodiesel industry and market strategies.

Distillers Corn Oil Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2030.

Global Distillers Corn Oil Market Drivers

The market drivers for the Distillers Corn Oil Market can be influenced by various factors. These may include:

Demand for Biofuels: The manufacturing of biodiesel frequently uses distillers’ corn oil as a feedstock. Consequently, the market for distillers corn oil may be greatly impacted by the need for biofuels, which is fueled by laws governing the environment, financial incentives from the government, and a growing focus on renewable energy sources.
Feed Industry Demand: Animal diets, especially those for pigs and poultry, also contain distillers corn oil as a feed element. Demand for distillers corn oil may increase due to the expansion of the livestock business and shifting customer tastes toward healthier and more environmentally friendly feed additives.
Production of Corn Ethanol: A byproduct of the production of corn ethanol is distillers’ corn oil. Thus, the production levels of distillers corn oil can be influenced by the dynamics of the corn ethanol market, such as corn pricing, ethanol demand, and government regulations that favor ethanol production.
Regulatory Environment: The Distillers Corn Oil Market may be greatly impacted by laws pertaining to biofuels, renewable energy, animal feed, and food safety. Regulations can change the demand for distillers corn oil. Examples of these changes include blending requirements for biofuels or limitations on the use of specific feed additives.
Substitute Products: Distillers Corn Oil’s competitiveness in the biofuels and animal feed industries can be impacted by the availability and cost of substitute vegetable oils and animal fats. The demand for distillers corn oil can be impacted by variables like changes in the price of soybean oil, patterns in palm oil output, and changes in the way that people consume meat.
Technological Advancements: The quantity and quality of distillers’ corn oil can be impacted by developments in extraction and manufacturing methods for maize ethanol, which can change the dynamics of the distillers’ corn oil market. New market potential may arise from enhanced extraction techniques or from the development of value-added goods made from distillers corn oil.
Environmental Concerns: As people become more conscious of environmental problems like deforestation and climate change, there may be a greater demand for sustainable substitutes like biofuels made from distillers’ corn oil. Environmentally friendly products are in high demand from businesses and consumers, which can affect consumer choices and market trends.
Economic Factors: Consumer purchasing patterns, industrial output levels, and ultimately the demand for distillers corn oil across a range of end-use sectors can all be influenced by macroeconomic factors including GDP growth, currency exchange rates, and general economic stability. Market dynamics can be impacted by uncertain or downturning economies.

Uruguay Retail Price: Corn Oil: Delicia: Disco data was reported at 83.000 UYU in Aug 2020. This stayed constant from the previous number of 83.000 UYU for Jul 2020. Uruguay Retail Price: Corn Oil: Delicia: Disco data is updated monthly, averaging 64.000 UYU from Jan 2017 (Median) to Aug 2020, with 41 observations. The data reached an all-time high of 83.000 UYU in Aug 2020 and a record low of 59.000 UYU in Jan 2018. Uruguay Retail Price: Corn Oil: Delicia: Disco data remains active status in CEIC and is reported by Ministry of Economic and Finance. The data is categorized under Global Database’s Uruguay – Table UY.P001. Consumer Retail Prices: Retail Stores.