Market research

Corn oil and fractions market in MERCOSUR

$Corn oil and fractions market in MERCOSUR$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

"MERCOSUR" region includes following countries:

Brazil

Argentina

Uruguay

Paraguay

Earlier Report Observations

The market for corn oil and fractions in MERCOSUR expanded from 186.6 thousand tonnes in 2018 to 338.9 thousand tonnes in 2022, with a particularly sharp increase of 43% to 329.8 thousand tonnes in 2021.

In 2023, the market volume contracted to 294.7 thousand tonnes as exports more than doubled to 95.5 thousand tonnes. This surge in exports was fueled by rising demand for corn oil in the Asia-Pacific region, especially in China and India, while new players entered the market with strong R&D investments and global expansion, intensifying competition and export orientation.

For 2024, key factors included record corn ethanol production in Brazil, which boosts corn oil supply as a co-product, and adverse climate conditions in producing regions like Argentina that constrained raw material availability. Regulatory changes, such as India's new standards for crude corn oil, along with growing consumer preference for healthy and certified oils, continued to shape 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 MERCOSUR
  1. 5.1.1. Annual dynamics of production in MERCOSUR 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, t
    1. 6.1.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Brazil 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, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Brazil 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 Brazil, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Brazil 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 Brazil in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Brazil 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, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Brazil 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 Brazil, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Brazil 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 Brazil in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Brazil 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, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Brazil 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 Brazil, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Brazil 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 Brazil in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Brazil 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, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Brazil 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 Brazil, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Brazil 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, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, 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 MERCOSUR

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

Corn oil and fractions production in MERCOSUR has increased for the third consecutive year. In 2020, production reached 278.5 K t, marking a 17.0% rise compared to the previous year. From 2017 to 2020, production grew by 58.7%, with a compound annual growth rate (CAGR) of 16.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.6%	12.5%	17.0%	16.7%

Source: SHEV.io

In value, 2017-2020, M $ US

Corn oil and fractions production in MERCOSUR has increased for the third consecutive year. In 2020, the output was valued at 233.3 M $ US, representing a 43.2% increase year-over-year. Over the period from 2017 to 2020, production rose by 53.2%, with a compound annual growth rate (CAGR) of 15.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.2%	1.7%	43.2%	15.3%

Source: SHEV.io

Exports corn oil and fractions from MERCOSUR

Exports in kind, t

Corn oil and fractions shipments from MERCOSUR to abroad have increased for the second consecutive year. In 2020, exports amounted to 57 011 t, reflecting a 25.0% gain relative to the prior year. Between 2017 and 2020, exports decreased by 8.2%, equating to an annualized decline of 2.8%. The lowest volume was recorded in 2018 at 28 749 t, which saw the largest decline of 53.7%. The largest increase occurred in 2019, with a rise of 58.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(53.7%)	58.7%	25.0%	(2.8%)

Source: SHEV.io

From 2017 to 2020, Tunisia, South Korea, and Spain remained the top buyers of corn oil and fractions from MERCOSUR. Tunisia accounted for 53.3% of exports in kind, South Korea for 6.0%, and Spain for 4.5%. Together, these three countries represented 63.8% of total exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Foreign corn oil and fractions supplies from MERCOSUR have increased for the second consecutive year. In 2020, exports stood at 47 771 K $ US, representing a 53.0% increase compared to the previous year. Between 2017 and 2020, exports decreased by 11.4%, equating to an annualized decline of 3.9%. The minimum value was recorded in 2018 at 21 773 K $ US, which saw the largest decline of 59.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(59.6%)	43.4%	53.0%	(3.9%)

Source: SHEV.io

Throughout 2017 to 2020, Tunisia, South Korea, and Turkey formed the core group of markets for exports in value terms. Tunisia accounted for 55.8% of exports in value, South Korea for 5.8%, and Turkey for 5.3%. Together, these three countries represented 66.9% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports corn oil and fractions to MERCOSUR

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Import volumes hit a low in 2017 and peaked in 2019, with a 6.1-fold difference between these years. In 2020, foreign corn oil and supplies to MERCOSUR amounted to 9 172 t, down by 1.4% year-over-year. The maximum volume was recorded in 2019 at 9 302 t. The largest increase occurred in 2018, with a rise of 150.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	150.0%	142.7%	(1.4%)	81.5%

Source: SHEV.io

From 2017 to 2020, Sweden was the principal market for corn oil and fractions to MERCOSUR, absorbing 0.8% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Corn oil and fractions deliveries to MERCOSUR have increased for the third consecutive year. In 2020, imports came to 9 718 K $ US, equivalent to an uptick of 5.1% year-over-year. Over the period from 2017 to 2020, imports increased by 115.3%, with a compound annual growth rate (CAGR) of 29.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.0%	100.8%	5.1%	29.1%

Source: SHEV.io

From 2017 to 2020, two main directions—Sweden and the United States—together accounted for 3.7% of total imports in value terms of corn oil and fractions to MERCOSUR.

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

Source: SHEV.io

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

Source: SHEV.io