Earlier Report Observations
The U.S. market for corn oil and fractions contracted significantly from 1.4 million t in 2018 to around 1 million t by 2023. This decline was initially driven by growing consumer hesitation towards highly processed oil from genetically modified corn, with health concerns over omega-6 acids reducing demand in food applications. Concurrently, a reduced federal maize-based ethanol mandate after 2018 diminished incentives for corn oil use in biofuel production, putting further pressure on the market.
A partial recovery began in 2021 as surging demand for bio‑based diesel, supported by EPA renewable fuel standards for 2023‑2025, created a strong new outlet for corn oil as a feedstock. This biofuel-driven demand helped lift market volume back above 1 million t, even as consumer preference continued shifting toward non‑GMO and organic varieties. Technological advancements in oil extraction at ethanol plants, such as improved enzyme solutions, also enhanced recovery rates and supported supply during this period.
By 2024, regulatory compliance costs related to food safety, labeling, and advertising continued to shape the industry, while the market adjusted to trade shifts that saw reduced imports and exports. Although U.S. consumption experienced a downturn, global maize oil consumption rose modestly, reflecting divergent regional dynamics influenced by biofuel policies, trade patterns, and sustained health‑conscious 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
-
4.1. Key Market Indicators
-
4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
-
4.1.1. In kind
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in the United States
- 5.1.1. Annual dynamics of production in the United States in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in the United States in value, 2018-2023, $ US
-
5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
-
5.1. Production in the United States
-
6. Exports
-
6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
-
6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from the United States in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's exports in kind from the United States by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
-
6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from the United States in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from the United States by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
-
6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from the United States, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from the United States by countries, 2018-2024, $ US/t
-
6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
-
6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from the United States in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's exports in kind from the United States by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
-
6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from the United States in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from the United States by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
-
6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from the United States, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from the United States by countries, 2018-2024, $ US/t
-
6.1. Exports (Direct Data*)
-
7. Imports
-
7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
-
7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to the United States in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's imports in kind to the United States by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
-
7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to the United States in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to the United States by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
-
7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to the United States, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to the United States by countries, 2018-2024, $ US/t
-
7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
-
7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to the United States in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's imports in kind to the United States by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
-
7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to the United States in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to the United States by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
-
7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to the United States, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to the United States by countries, 2018-2024, $ US/t
-
7.1. Imports (Direct Data*)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2024
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production corn oil and fractions in the United States
In kind, 2017-2020, K t
From 2017 to 2020, the United States was the world's largest producer of corn oil and fractions.
Top producers of corn oil and fractions, 2017-2020
World map of production of corn oil and fractions, 2017-2020
In 2020, the United States produced 1,171 thousand tons of corn oil and fractions, a slight increase of 0.9% from the previous year. However, production declined by 30.6% over the 2017-2020 period, averaging an 11.5% annual decrease. The lowest production level was recorded in 2019 at 1,161 thousand tons, while the peak occurred in 2018 with 1,708 thousand tons. The sharpest drop of 32.0% took place in 2019, whereas the largest gain of 1.2% was observed in 2018.
Annual dynamics of production in the United States in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.2% | (32.0%) | 0.9% | (11.5%) |
In value, 2017-2020, M $ US
Following a two-year decline, the United States saw an uptick in corn oil and fractions production volume. In 2020, the output was valued at 1,085 million US dollars, marking a robust year-over-year increase of 14.2%. Over the 2017-2020 span, production value fell by 30.3%, with an annualized decline rate of 11.3%. The lowest value was recorded in 2019 at 949 million US dollars, which also saw the most significant drop of 34.9%.
Annual dynamics of production in the United States in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.3%) | (34.9%) | 14.2% | (11.3%) |
Exports corn oil and fractions from the United States
Exports in kind, K t
The United States experienced a third consecutive year of declining corn oil and fractions exports. In 2020, exports totaled 214.3 thousand tons, reflecting an 18.8% decrease compared to the previous year. Over the 2017-2020 period, exports dropped by 53.8%, with an annualized contraction rate of 22.7%.
Annual dynamics of product's exports from the United States in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (37.6%) | (8.9%) | (18.8%) | (22.7%) |
Between 2017 and 2020, corn oil and fractions exports from the United States were distributed across numerous countries. Saudi Arabia accounted for 21.0% of exports in kind, Egypt for 13.0%, and Kuwait for 10.5%, collectively representing 44.5% of total flows, indicating a broad geographic spread.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from the United States in kind, 2017-2020
Exports in value, M $ US
Corn oil and fractions exports from the United States declined for the third year in a row. In 2020, exports amounted to 198.4 million US dollars, showing a modest decrease of 8.1% from the prior year. From 2017 to 2020, exports fell by 53.6%, with an annualized decline of 22.6%.
Annual dynamics of product's exports from the United States in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (42.2%) | (12.8%) | (8.1%) | (22.6%) |
From 2017 to 2020, Saudi Arabia, Egypt, and Kuwait were the top buyers of corn oil and fractions from the United States in value terms, contributing 22.0%, 13.3%, and 11.9% of exports, respectively. Together, they accounted for 47.2% of total export value, highlighting a diversified market structure with many smaller participants.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from the United States in value, 2017-2020
Imports corn oil and fractions to the United States
Imports in kind, K t
In 2020, the United States imported 22.5 thousand tons of corn oil and fractions, a 22.7% decrease year-over-year. Over the 2017-2020 period, imports declined by 30.1%, with an annualized reduction of 11.3%. The largest increase of 3.7% was recorded in 2019.
Annual dynamics of product's imports to the United States in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.8%) | 3.7% | (22.7%) | (11.3%) |
Between 2017 and 2020, Canada was the primary supplier of corn oil and fractions to the United States, capturing 86.9% of total imports in kind. The remaining share was distributed among a variety of other countries.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the United States in kind, 2017-2020
Imports in value, M $ US
The United States saw a third consecutive year of declining corn oil and fractions imports. In 2020, imports were valued at 1,085 million US dollars, representing a significant drop of 14.8% from the previous year. Over the 2017-2020 span, imports decreased by 34.5%, with an annualized decline rate of 13.2%.
Annual dynamics of product's imports to the United States in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.3%) | (9.3%) | (14.8%) | (13.2%) |
From 2017 to 2020, Canada dominated the United States' corn oil and fractions imports in value terms, accounting for 81.9% of total flows. The remainder was spread across several smaller markets.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the United States in value, 2017-2020
Related Reports
Corn oil and fractions market in Africa
2026-03-28
Corn oil and fractions market in Tanzania
2026-03-28
Corn oil and fractions market in Brazil
2026-03-28
Corn oil and fractions market in CIS
2026-03-28
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.