Market research

Corn oil and fractions market in Oman

$Corn oil and fractions market in Oman$

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 market volume for chemically unmodified maize (corn) oil in Oman contracted from 22 466 metric tons in 2018 to 17 776 metric tons in 2023. This overall decline was marked by a sharp drop of 16.9% in 2020, followed by relative stabilization in 2021.

In 2020, the Omani Ministry of Commerce and Industry launched the 'Made in Oman' campaign to promote domestic non-oil products, which could have supported local vegetable oil production over time. The market then saw a modest recovery in 2022, growing 6.9% to 18 754 metric tons. This expansion was partly driven by a regulatory ban on the import, marketing, and production of partially hydrogenated oils, which shifted consumer demand toward alternatives like corn oil.

The market volume fell again in 2023 to 17 776 metric tons. This decrease coincided with Jordan's decision to re-ban the export and re-export of vegetable oils, including corn oil, which likely constrained regional supplies and contributed to a significant reduction in Oman's imports.

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 Oman
  1. 5.1.1. Annual dynamics of production in Oman in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Oman 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Oman in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Oman by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Oman in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Oman by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Oman, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Oman by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Oman in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Oman by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Oman in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Oman by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Oman, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Oman by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Oman in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Oman by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Oman in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Oman by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Oman, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Oman by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Oman in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Oman by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Oman in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Oman by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Oman, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Oman 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 Oman

In kind, 2017-2020, t

Between 2017 and 2020, Oman ranked as the 26th largest producer of corn oil and fractions globally.

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 2020, Oman produced 12 000 tonnes of corn oil and fractions, showing broad stability compared to 2019. The largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

In value, 2017-2020, K $ US

Oman's corn oil and fractions production declined for the second consecutive year. In 2020, the output was valued at 18 360 thousand US dollars, reflecting a 0.9% decrease from 2019. The maximum value was recorded in 2018 at 18 733 thousand US dollars, with the largest decline of 1.1% in 2019 and the largest increase of 2.8% in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.8%	(1.1%)	(0.9%)	0.2%

Source: SHEV.io

Exports corn oil and fractions from Oman

Exports in kind, t

Oman's corn oil and fractions export volume declined for the third consecutive year. In 2020, Oman exported 6 563 tonnes, which is 35.1% lower than the previous year. Between 2017 and 2020, exports decreased by 61.3%, equating to an annualized rate of 27.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.5%)	(37.5%)	(35.1%)	(27.1%)

Source: SHEV.io

From 2017 to 2020, Qatar, Saudi Arabia, and the United Arab Emirates continued to be the main buyers of corn oil and fractions from Oman, accounting for 35.0%, 30.9%, and 18.0% of exports in kind, respectively. Together, they formed 83.9% 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 Oman in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Exported corn oil and fractions volumes from Oman declined for the third consecutive year. In 2020, exports totalled 10 042 thousand US dollars, showing a sharp loss of 35.7% compared to 2019. Over the period 2017-2020, exports decreased by 61%, with a compound annual growth rate of 26.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.8%)	(38.2%)	(35.7%)	(26.9%)

Source: SHEV.io

Over 2017–2020, Qatar, Saudi Arabia, and the United Arab Emirates were the primary buyers of corn oil and fractions from Oman in value terms, accounting for 36.3%, 29.6%, and 16.4% of exports, respectively. Jointly, they represented 82.3% 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 Oman in value, 2017-2020

Source: SHEV.io

Imports corn oil and fractions to Oman

Imports in kind, t

Corn oil and fractions volumes imported by Oman declined for the second consecutive year. In 2020, imports totalled 12 467 tonnes, down by 36.5% versus the previous year. Between 2017 and 2020, imports decreased by 48.3%, equating to an annualized rate of 19.7%. The maximum value was recorded in 2018 at 26 652 tonnes, with the largest increase of 10.5% also in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.5%	(26.3%)	(36.5%)	(19.7%)

Source: SHEV.io

In 2017–2020, the United States, South Korea, and the United Arab Emirates were the largest suppliers of corn oil and fractions to Oman in kind, accounting for 38.8%, 31.2%, and 8.4% of imports, respectively. Together, they formed 78.4% 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 Oman in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Oman's corn oil and fractions import volume declined for the third consecutive year. In 2020, Oman imported a total of 14 145 thousand US dollars of corn oil and fractions, amounting to a loss of 19.5% relative to the prior year. Between 2017 and 2020, imports decreased by 45.5%, equating to an annualized rate of 18.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.0%)	(28.7%)	(19.5%)	(18.3%)

Source: SHEV.io

In 2017–2020, the United States, South Korea, and the United Arab Emirates remained the principal suppliers of corn oil and fractions to Oman in value terms, accounting for 35.8%, 30.5%, and 10.7% of imports, respectively. Jointly, they accounted for 77.0% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io