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Spain - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Maize Oil Price in Spain - 2023
Contents:
- Crude Maize Oil Price in Spain (CIF) - 2023
- Crude Maize Oil Price in Spain (FOB) - 2023
- Crude Maize Oil Imports in Spain
- Crude Maize Oil Exports in Spain
Crude Maize Oil Price in Spain (CIF) - 2023
The average crude maize oil import price stood at $1,129 per ton in August 2023, rising by 1.9% against the previous month. In general, the import price, however, saw a perceptible reduction. The growth pace was the most rapid in April 2023 an increase of 26% against the previous month. The import price peaked at $1,645 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,158 per ton), while the price for France stood at $978 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Brazil (0.0%), while the prices for the other major suppliers experienced a decline.
Crude Maize Oil Price in Spain (FOB) - 2023
In August 2023, the average crude maize oil export price amounted to $1,472 per ton, with an increase of 38% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 76% month-to-month. As a result, the export price reached the peak level of $2,174 per ton. From June 2023 to August 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was France ($5,107 per ton), while the average price for exports to Tunisia ($991 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.
Crude Maize Oil Imports in Spain
In 2022, overseas purchases of crude maize (corn) oil decreased by -70% to 5.8K tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 455% against the previous year. As a result, imports attained the peak of 25K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, crude maize oil imports reduced notably to $11M in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 425%. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Crude Maize Oil in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | N/A | 1.3 | N/A | 6.3 | 120.1% |
France | 0.1 | 1.3 | 0.9 | 2.2 | 180.2% |
Brazil | 0.5 | 4.1 | 5.4 | 2.0 | 58.7% |
Colombia | N/A | N/A | 0.3 | 0.4 | 33.3% |
Netherlands | 1.3 | 1.9 | 0.1 | 0.1 | -57.5% |
Belgium | 2.2 | N/A | N/A | N/A | 0% |
United Kingdom | N/A | 7.6 | N/A | N/A | 0% |
United States | N/A | 5.7 | 14.9 | N/A | 161.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.2 | 21.9 | 21.6 | 11.0 | 37.8% |
Top Suppliers of Crude Maize Oil to Spain in 2022:
- Argentina (3035.5 tons)
- France (1465.0 tons)
- Brazil (1014.1 tons)
- Colombia (198.0 tons)
- Netherlands (28.6 tons)
Crude Maize Oil Exports in Spain
Crude maize oil exports from Spain surged to 3K tons in 2022, jumping by 181% compared with the year before. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 307%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, crude maize oil exports skyrocketed to $5.2M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 429% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
Export of Crude Maize Oil in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | N/A | 3,213 | 0% |
France | 1,017 | 58.7 | 1,218 | 1,512 | 14.1% |
Portugal | 0.1 | 22.9 | 0.1 | 506 | 1616.8% |
New Zealand | 124 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 150 | N/A | N/A | 0% |
Others | 0.1 | N/A | 8.9 | 12.4 | 398.7% |
Total | 1,141 | 232 | 1,227 | 5,244 | 66.3% |
Top Export Markets for Crude Maize Oil from Spain in 2022:
- Belgium (1441.1 tons)
- France (1269.8 tons)
- Portugal (326.5 tons)
This report provides an in-depth analysis of the crude maize oil market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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
This report provides an in-depth analysis of the crude maize oil market in Spain.
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In July 2022, the maize oil price per ton stood at $2.2K (CIF, Spain), rising by 4.8% against the previous month.
In July 2022, the linseed oil price stood at $2,230 per ton (FOB, Spain), waning by -14.4% against the previous month.
In March 2023, the refined maize oil price amounted to $1,751 per ton (FOB, Spain), with a decrease of -13.1% against the previous month.
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
The maize oil market reached X million USD, rising with an annual increase of X%.
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to