Maize (corn) Oil Prices in Malaysia
| Variety | Market level | Price (US$/kg) | Local (MYR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 0.17 | 0.76 | ▼ 9.2% | ▼ 9.2% | FAOSTAT Producer Prices |
As of June 2026, the maize (corn) oil price in Malaysia available is US$ 0.17 per kg (0.76 MYR), down 9.2% year-on-year.
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Maize (corn) Oil Price History & Trend
Monthly maize (corn) oil price, US$ per kg - the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Use this data freely with attribution to Selina Wamucii.
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Malaysia maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
The volume of maize (corn) oil sold by Malaysia in 2020 was 9,256 metric tons. In 2019 Malaysia exported 19,917 tonnes of maize (corn) oil. Through 2019 alone, the demand for Malaysia maize (corn) oil (processed category) has shrunk, with a change of -48.813 pc compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports reduced by -21.73% netting the nation US$18.53m for the year 2019. Malaysia's maize (corn) oil exports are classified as:
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
- Crude maize oil (HS code 151521)
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Malaysia maize (corn) oil export values
In 2019, Malaysia exported maize (corn) oil costing 18.53m USD, a contraction of -24.63% from 2018's total maize (corn) oil export of 24.585m USD. The annual change in value of Malaysia maize (corn) oil between 2017 to 2018 was 12.394 per cent.
The yearly variation in the volume of Malaysia's maize (corn) oil exports between 2017 and 2019 was -21.73 per cent compared to a variation of -48.813% in the period between 2018 and 2019.
Malaysia's stake of the world's total maize (corn) oil's exports in 2019 was less than 1%. The country holds position 22 in world exports of maize (corn) oil.
Export markets for Malaysia maize (corn) oil ( in '000$ )
Malaysia's top destinations for maize (corn) oil are Singapore, the Philippines, Indonesia, Australia and Bahrain.
Import/Export Trends
Malaysia is a net importer of maize (corn) oil. The annual growth of Malaysia maize (corn) oil in value between 2015 to 2019 was -61%, per annum, while annual growth in quantity through the same period was -56%, per annum.
Malaysia purchased 21,742 tonnes of maize (corn) oil in 2019.