Feb 25, 2025

Qatar Maize Oil Imports

In 2024, imports of maize oil into Qatar contracted rapidly to 13K tons, waning by -29.1% against 2023 figures. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by 177%. Imports peaked at 19K tons in 2021; however, from 2022 to 2024, imports remained at a lower figure.

In value terms, maize oil imports reduced sharply to $19M (IndexBox estimates) in 2024. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by 141%. Imports peaked at $32M in 2023, and then reduced rapidly in the following year.

Imports by Country

the United States (3.2K tons), Hungary (3.2K tons) and South Africa (2.5K tons) were the main suppliers of maize oil imports to Qatar, together accounting for 70% of total imports.

From 2014 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +73.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($4.8M), the United States ($3.9M) and South Africa ($3.6M) constituted the largest maize oil suppliers to Qatar, with a combined 66% share of total imports.

the United States, with a CAGR of +66.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

Refined maize (corn) oil (7.5K tons) and crude maize (corn) oil (5.4K tons) were the main products of maize oil imports to Qatar.

From 2014 to 2024, the biggest increases were recorded for crude maize (corn) oil (with a CAGR of +28.6%).

In value terms, refined maize (corn) oil ($12M) and crude maize (corn) oil ($7M) constituted the most imported types of maize oil in Qatar.

Import Prices by Country

In 2024, the maize oil price stood at $1,450 per ton (CIF, Qatar), falling by -17.5% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2022 an increase of 37% against the previous year. The import price peaked at $1,981 per ton in 2014; however, from 2015 to 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Oman ($2,553 per ton), while the price for the United States ($1,207 per ton) was amongst the lowest.

From 2014 to 2024, the most notable rate of growth in terms of prices was attained by Brazil (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the maize oil market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

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Data coverage:

• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Qatar
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

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