Market research

Corn oil and fractions market in Canada

$Corn oil and fractions market in Canada$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Canadian market for non-chemically modified corn oil exhibited considerable volume fluctuations between 2018 and 2023. After oscillating from 46 000 t to 54 000 t in the initial years, the market size dropped sharply to 25 000 t in 2022, coinciding with a peak in export volumes that year. A partial recovery to 30 500 t followed in 2023.

By 2024, the regulatory framework for edible oils was amended, introducing new rules on food additives, microbiological criteria, and analytical methods applicable to corn oil. Updated labeling requirements now mandate clear disclosure when an oil is non-chemically modified. Simultaneously, a shift in consumer preference towards vegetable oils with a non-modified origin and a favorable nutritional profile began influencing market demand.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Canada
  1. 5.1.1. Annual dynamics of production in Canada in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Canada in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Canada in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Canada by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Canada in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Canada by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Canada, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Canada in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Canada by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Canada in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Canada by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Canada, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Canada by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Canada in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Canada by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Canada in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Canada by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Canada in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Canada by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Canada, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Canada by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production corn oil and fractions in Canada

In kind, 2017-2020, t

From 2017 to 2020, Canada ranked 9th globally in corn oil and fractions production volume.

Top producers of corn oil and fractions, 2017-2020

Source: SHEV.io

World map of production of corn oil and fractions, 2017-2020

Source: SHEV.io

Corn oil and fractions production in Canada increased for the third consecutive year. In 2020, Canada produced 63 500 t of corn oil and fractions, marking a slight year-over-year rise of 0.6%. Over the 2017-2020 period, production grew by 3.4%, with a compound annual growth rate (CAGR) of 1.1%.

Annual dynamics of production in Canada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.5%	1.3%	0.6%	1.1%

Source: SHEV.io

In value, 2017-2020, K $ US

After a two-year decline, Canada's corn oil and fractions production volume increased. In 2020, the output was valued at 46 224 K $ US, representing a 4.4% increase over the previous year. Between 2017 and 2020, production decreased by 9.9%, equating to an annualized rate of 3.4%. The minimum value was recorded in 2019 at 44 285 K $ US, with the largest decline of 12.1% occurring that same year.

Annual dynamics of production in Canada in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.9%)	(12.1%)	4.4%	(3.4%)

Source: SHEV.io

Exports corn oil and fractions from Canada

Exports in kind, t

In 2020, corn oil and fractions exports from Canada totaled 20 630 t, down 26.4% compared to the previous year. Between 2017 and 2020, exports decreased by 23.3%, equating to an annualized rate of 8.5%. The maximum volume was recorded in 2019 at 28 019 t, with the largest increase of 23.5% occurring that year.

Annual dynamics of product's exports from Canada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(15.7%)	23.5%	(26.4%)	(8.5%)

Source: SHEV.io

From 2017 to 2020, Canada's exports in kind of corn oil and fractions were heavily dependent on the United States, which accounted for 98.7% of total exports.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Canada in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Canada exported 15 017 K $ US of corn oil and fractions in 2020, down 23.6% relative to the prior year. Between 2017 and 2020, exports decreased by 33.2%, equating to an annualized rate of 12.6%. The largest increase was recorded in 2019 at 7.2%.

Annual dynamics of product's exports from Canada in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.5%)	7.2%	(23.6%)	(12.6%)

Source: SHEV.io

Throughout 2017-2020, the United States remained the almost exclusive buyer of corn oil and fractions from Canada, accounting for 98.1% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Canada in value, 2017-2020

Source: SHEV.io

Imports corn oil and fractions to Canada

Imports in kind, t

Corn oil and fractions imports into Canada declined for the second consecutive year. In 2020, imports totaled 10 825 t, indicating a 1.5% decline compared to 2019. Over the 2017-2020 period, imports increased by 22.1%, with a compound annual growth rate (CAGR) of 6.9%. The maximum volume was recorded in 2018 at 12 224 t, with the largest increase of 37.9% occurring that year and the largest decline of 10.1% in 2019.

Annual dynamics of product's imports to Canada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	37.9%	(10.1%)	(1.5%)	6.9%

Source: SHEV.io

From 2017 to 2020, imports in kind of corn oil and fractions into Canada were heavily focused on the United States, which accounted for 99.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Canada in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year contraction, the volume of corn oil and fractions imports into Canada increased. In 2020, imports totaled 13 087 K $ US, which is 19.5% greater year-over-year. Over the 2017-2020 period, imports decreased by 2.1%, with a compound annual growth rate (CAGR) of 0.7%. The minimum value was recorded in 2019 at 10 954 K $ US, with the largest decline of 13.5% occurring that year.

Annual dynamics of product's imports to Canada in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.2%)	(13.5%)	19.5%	(0.7%)

Source: SHEV.io

From 2017 to 2020, the United States concentrated almost all imports in value terms of corn oil and fractions to Canada, with a share of 99.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Canada in value, 2017-2020

Source: SHEV.io