Germany - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Maize Oil Price in Germany - 2023
Contents:
- Refined Maize Oil Price in Germany (CIF) - 2023
- Refined Maize Oil Price in Germany (FOB) - 2022
- Refined Maize Oil Imports in Germany
- Refined Maize Oil Exports in Germany
Refined Maize Oil Price in Germany (CIF) - 2023
The average refined maize oil import price stood at $3,051 per ton in June 2023, increasing by 7.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 23% m-o-m. The import price peaked at $3,064 per ton in August 2022; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10,957 per ton), while the price for Italy ($2,009 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Maize Oil Price in Germany (FOB) - 2022
The average refined maize oil export price stood at $3,362 per ton in 2022, jumping by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($4,008 per ton), while the average price for exports to France ($2,448 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Maize Oil Imports in Germany
In 2022, approx. 17K tons of refined maize (corn) oil were imported into Germany; growing by 112% on the previous year's figure. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined maize oil imports soared to $44M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Refined Maize Oil in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.6 | 0.6 | 0.2 | 19.9 | 221.3% |
Austria | 9.9 | 13.4 | 13.9 | 14.6 | 13.8% |
France | N/A | N/A | N/A | 2.8 | 0% |
Italy | 0.3 | 0.4 | 0.6 | 1.9 | 85.0% |
Belgium | 0.5 | 0.9 | 0.8 | 1.9 | 56.0% |
Sweden | 1.8 | 1.8 | 1.5 | 1.7 | -1.9% |
United Kingdom | 0.1 | N/A | 0.3 | 0.8 | 100.0% |
Others | 0.1 | 0.3 | 0.2 | 0.1 | 0.0% |
Total | 13.2 | 17.4 | 17.5 | 43.8 | 49.2% |
Top Suppliers of Refined Maize Oil to Germany in 2022:
- United States (8.5K tons)
- Austria (5.4K tons)
- Belgium (0.9K tons)
- Italy (0.8K tons)
- France (0.8K tons)
- Sweden (0.6K tons)
- United Kingdom (0.3K tons)
Refined Maize Oil Exports in Germany
In 2022, approx. 621 tons of refined maize (corn) oil were exported from Germany; picking up by 13% on 2021. The total export volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 752 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined maize oil exports surged to $2.1M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Refined Maize Oil in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 597 | 743 | 788 | 1,507 | 36.2% |
France | 72.3 | 180 | 111 | 101 | 11.8% |
Poland | 31.9 | 38.8 | 53.6 | 70.7 | 30.4% |
Belgium | 84.8 | 176 | 202 | 54.3 | -13.8% |
Netherlands | 154 | 235 | 43.8 | 50.0 | -31.3% |
Taiwan (Chinese) | 1.4 | 1.8 | 41.4 | 40.7 | 207.5% |
Hungary | 59.7 | 38.5 | 42.5 | 38.1 | -13.9% |
Others | 319 | 324 | 225 | 225 | -11.0% |
Total | 1,319 | 1,737 | 1,507 | 2,088 | 16.5% |
Top Export Markets for Refined Maize Oil from Germany in 2022:
- Romania (445.8 tons)
- France (41.3 tons)
- Poland (25.4 tons)
- Netherlands (17.0 tons)
- Belgium (15.2 tons)
- Taiwan (Chinese) (13.2 tons)
- Hungary (11.0 tons)
This report provides an in-depth analysis of the refined maize oil market in Germany. 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:
- Prodcom 10621460 - Refined maize (corn) oil and its fractions (excluding chemically modified)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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In January 2023, Linseed Oil imports experienced an extraordinary growth rate of 207% month-on-month. However, the value of these imports significantly dropped to $1.8M in September 2023.
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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