Kazakhstan - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Maize Oil Price in Kazakhstan - 2021
Contents:
- Refined Maize Oil Price in Kazakhstan (CIF) - 2022
- Refined Maize Oil Price in Kazakhstan (FOB) - 2022
- Refined Maize Oil Imports in Kazakhstan
- Refined Maize Oil Exports in Kazakhstan
Refined Maize Oil Price in Kazakhstan (CIF) - 2022
In 2022, the average refined maize oil import price amounted to $2,301 per ton, jumping by 21% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined maize oil import price increased by +73.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,851 per ton), while the price for South Korea ($795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Maize Oil Price in Kazakhstan (FOB) - 2022
The average refined maize oil export price stood at $1,059 per ton in 2022, falling by -2.9% against the previous year. Overall, the export price showed a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. The export price peaked at $1,469 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -3.2% per year.
Refined Maize Oil Imports in Kazakhstan
For the third year in a row, Kazakhstan recorded decline in supplies from abroad of refined maize (corn) oil, which decreased by -10% to 80 tons in 2022. Over the period under review, imports saw a abrupt contraction. The smallest decline of -6% was in 2020.
In value terms, refined maize oil imports rose notably to $184K in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Refined Maize Oil in Kazakhstan (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 115 | 105 | 116 | 159 | 11.4% |
Azerbaijan | 6.7 | 9.6 | 20.1 | 21.5 | 47.5% |
South Korea | 0.8 | 1.7 | 0.9 | 2.6 | 48.1% |
United States | 6.5 | 6.8 | 6.1 | N/A | -3.1% |
Turkey | 31.6 | 26.1 | 22.8 | N/A | -15.1% |
Others | 4.4 | 3.4 | 2.7 | 1.1 | -37.0% |
Total | 165 | 152 | 168 | 184 | 3.7% |
Top Suppliers of Refined Maize Oil to Kazakhstan in 2022:
- Russia (68.0 tons)
- Azerbaijan (8.4 tons)
- South Korea (3.3 tons)
Refined Maize Oil Exports in Kazakhstan
In 2022, the amount of refined maize (corn) oil exported from Kazakhstan contracted remarkably to 3.9 tons, declining by -29.2% against the year before. Over the period under review, exports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 141%.
In value terms, refined maize oil exports shrank notably to $4.1K in 2022. Overall, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 167% against the previous year.
Export of Refined Maize Oil in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kyrgyzstan | 13.1 | 1.8 | 5.9 | 4.1 | -32.1% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 13.1 | 2.2 | 5.9 | 4.1 | -32.1% |
Top Export Markets for Refined Maize Oil from Kazakhstan in 2022:
- Kyrgyzstan (3.9 tons)
This report provides an in-depth analysis of the refined maize oil market in Kazakhstan. 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:
- Kazakhstan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kazakhstan
- 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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The global maize oil market is expected to experience a steady increase in demand over the next seven years, with a projected growth in market volume to 7.9M tons and market value to $17.9B by 2030.
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
The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer