Romania - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Maize Oil Price in Romania - 2023
Contents:
- Crude Maize Oil Price in Romania (CIF) - 2022
- Crude Maize Oil Price in Romania (FOB) - 2022
- Crude Maize Oil Imports in Romania
- Crude Maize Oil Exports in Romania
Crude Maize Oil Price in Romania (CIF) - 2022
In 2022, the average crude maize oil import price amounted to $1,309 per ton, dropping by -7.4% against the previous year. Over the period under review, the import price faced a deep setback. The growth pace was the most rapid in 2021 an increase of 42%. Over the period under review, average import prices reached the peak figure at $5,917 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Hungary.
From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +25.5% per year.
Crude Maize Oil Price in Romania (FOB) - 2022
The average crude maize oil export price stood at $1,602 per ton in 2022, falling by -14.9% against the previous year. Overall, the export price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2013 an increase of 171% against the previous year. As a result, the export price reached the peak level of $3,431 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($1,840 per ton), while the average price for exports to Italy totaled $1,580 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.0%).
Crude Maize Oil Imports in Romania
In 2022, supplies from abroad of crude maize (corn) oil decreased by -67.2% to 317 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 225% against the previous year. As a result, imports reached the peak of 967 tons, and then reduced remarkably in the following year.
In value terms, crude maize oil imports shrank notably to $415K in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 361%. As a result, imports attained the peak of $1.4M, and then declined sharply in the following year.
Import of Crude Maize Oil in Romania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 94.4 | 289 | 1,357 | 408 | 62.9% |
Others | 12.7 | 8.0 | 8.9 | 7.1 | -17.6% |
Total | 107 | 297 | 1,366 | 415 | 57.1% |
Top Suppliers of Crude Maize Oil to Romania in 2022:
- Hungary (313.0 tons)
Crude Maize Oil Exports in Romania
Crude maize oil exports from Romania surged to 317 tons in 2022, with an increase of 69% on the previous year. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 756%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, crude maize oil exports soared to $508K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 466%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Crude Maize Oil in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 27.8 | 229 | 345 | 460 | 154.8% |
Hungary | N/A | N/A | N/A | 47.4 | 0% |
Others | 13.7 | 5.6 | 7.5 | 0.7 | -62.9% |
Total | 41.5 | 235 | 353 | 508 | 130.5% |
Top Export Markets for Crude Maize Oil from Romania in 2022:
- Italy (291.4 tons)
- Hungary (25.7 tons)
This report provides an in-depth analysis of the crude maize oil market in Romania. 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.
Product coverage:
- FCL 60 - Oil of Maize
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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