Market research

Corn oil and fractions market in Europe

$Corn oil and fractions market in Europe$

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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"Europe" region includes following countries:

Albania

Andorra

Bosnia and Herzegovina

Croatia

Gibraltar

Greece

the Holy See

Italy

Malta

Montenegro

Portugal

San Marino

Serbia

Slovenia

Spain

North Macedonia

Bulgaria

Belarus

Czechia

Hungary

Moldova

Poland

Romania

Russia

Slovakia

Ukraine

Denmark

Estonia

Faroe Islands

Finland

Åland Islands

Iceland

Ireland

Latvia

Lithuania

Norway

Sweden

the United Kingdom

Isle of Man

Austria

Belgium

France

Germany

Liechtenstein

Luxembourg

Monaco

the Netherlands

Switzerland

Earlier Report Observations

The European corn oil market volume showed sharp swings between 2018 and 2020. It began at 351 000 t in 2018, fell to 249 000 t in 2019, then jumped to 395 000 t in 2020. Early in the period, a weaker euro against the dollar and US-China trade tensions affected vegetable oil prices and supply conditions in Europe.

After a decline to 366 000 t in 2021, the market stabilized at 358 000 t in 2022. Shell's announcement of a biodiesel plant in Rotterdam signaled future industrial demand for vegetable oils, including corn oil. By 2023, the market expanded to 399 000 t, driven by growing consumer awareness of health and sustainability, which increased demand for non-chemically modified corn oil. Repeated droughts in Southern Europe from 2022 onward also affected competing oil supplies, influencing market dynamics.

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 Europe
  1. 5.1.1. Annual dynamics of production in Europe in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, M $ 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 Albania, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Albania 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, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, M $ 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 Albania, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Albania 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, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, M $ 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 Albania, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Albania 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, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, M $ 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 Albania, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ 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 Europe

In kind, 2017-2020, K t

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

In 2019, Europe produced 314.2 thousand tons of corn oil and fractions, marking the lowest output in the period. Production then rose sharply by 23.5% to reach 387.9 thousand tons in 2020. Over the full 2017-2020 timeframe, production grew by 19.3%, averaging an annual increase of 6.0%. The most significant decline occurred in 2019, when output fell by 8.9%.

Annual dynamics of production in Europe in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.0%	(8.9%)	23.5%	6.0%

Source: SHEV.io

In value, 2017-2020, M $ US

In 2019, the value of corn oil and fractions production in Europe stood at 381.9 million US dollars, the lowest point during the period. By 2020, this value surged by 59.7% year-over-year to reach 610.0 million US dollars. From 2017 to 2020, production value increased by 44.5%, translating to an average annual growth rate of 13.1%. The largest drop was recorded in 2019, with a decline of 22.1%.

Annual dynamics of production in Europe in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.1%	(22.1%)	59.7%	13.1%

Source: SHEV.io

Exports corn oil and fractions from Europe

Exports in kind, K t

Europe's exports of corn oil and fractions have declined for three consecutive years. In 2020, exports totaled 95.3 thousand tons, representing a significant decrease of 19.8% compared to the previous year. Over the 2017-2020 period, exports fell by 44.8%, which corresponds to an average annual decline of 18.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(27.0%)	(5.7%)	(19.8%)	(18.0%)

Source: SHEV.io

Between 2017 and 2020, Europe's export destinations for corn oil and fractions in volume terms were highly diversified. Turkey accounted for 10.0% of exports, Libya for 7.3%, and Israel for 6.7%. Together, these three countries represented just 24.0% of total export flows, with the remaining 76.0% going to numerous other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Following two years of decline, Europe's corn oil and fractions exports rebounded in 2020, reaching 149.9 million US dollars—a 3.7% increase from the previous year. However, over the 2017-2020 period, export value decreased by 33.1%, averaging an annual decline of 12.5%. The lowest value was recorded in 2019 at 144.5 million US dollars, while the largest drop occurred in 2018 with a 20.0% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(20.0%)	(19.3%)	3.7%	(12.5%)

Source: SHEV.io

The value-based export structure for corn oil and fractions remained fragmented from 2017 to 2020. Libya accounted for 8.2% of export value, Turkey for 8.0%, and Israel for 7.4%. Combined, these three countries represented only 23.6% of total export flows, with no single country dominating the market.

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

Source: SHEV.io

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

Source: SHEV.io

Imports corn oil and fractions to Europe

Imports in kind, K t

Europe's imports of corn oil and fractions showed notable fluctuations between 2017 and 2019, with the highest volume being 4.4 times greater than the lowest. In 2019, imports hit their lowest point at 53.9 thousand tons, declining by 59.3% that year. However, imports rebounded sharply in 2020, surging by 90.8% to reach 102.9 thousand tons.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(43.9%)	(59.3%)	90.8%	(24.2%)

Source: SHEV.io

From 2017 to 2020, the United States was the dominant source for Europe's corn oil and fractions imports in volume terms, accounting for 39.4% of the total. Argentina contributed 1.7% and Brazil 1.1%. Together, these three countries represented 42.3% of total import flows during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

After two years of decline, Europe's corn oil and fractions import value increased in 2020, reaching 131.0 million US dollars—a substantial 49.6% rise compared to 2019. However, over the 2017-2020 period, import value decreased by 48.2%, averaging an annual decline of 19.7%. The lowest value was recorded in 2019 at 87.6 million US dollars, while the largest drop occurred in 2018 with a 42.6% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(42.6%)	(39.7%)	49.6%	(19.7%)

Source: SHEV.io

Between 2017 and 2020, the United States led Europe's corn oil and fractions import structure in value terms, accounting for 33.5% of the total. Argentina contributed 1.3% and Brazil 1.0%. Combined, these three countries represented 35.8% of total import flows during this timeframe.

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

Source: SHEV.io

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

Source: SHEV.io