Sweden - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Maize Oil Price in Sweden - 2023
Contents:
- Refined Maize Oil Price in Sweden (FOB) - 2023
- Refined Maize Oil Price in Sweden (CIF) - 2022
- Refined Maize Oil Exports in Sweden
- Refined Maize Oil Imports in Sweden
Refined Maize Oil Price in Sweden (FOB) - 2023
The average refined maize oil export price stood at $2,788 per ton in June 2023, with an increase of 20% against the previous month. Overall, the export price showed a relatively flat trend pattern. The export price peaked at $3,634 per ton in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Vietnam ($11,014 per ton), while the average price for exports to the UK ($2,073 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Maize Oil Price in Sweden (CIF) - 2022
In 2022, the average refined maize oil import price amounted to $2,280 per ton, rising by 23% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +75.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2,834 per ton), while the price for Belgium ($1,501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Maize Oil Exports in Sweden
For the fourth year in a row, Sweden recorded growth in shipments abroad of refined maize (corn) oil, which increased by 3.5% to 1.3K tons in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 127%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, refined maize oil exports surged to $3.5M in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 131% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Refined Maize Oil in Sweden (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 38.9 | 1,397 | 1,776 | 575.7% |
Netherlands | 165 | 254 | 360 | 396 | 33.9% |
Germany | 204 | 223 | 268 | 370 | 22.0% |
Denmark | 338 | 308 | 409 | 313 | -2.5% |
France | 2.0 | 124 | 238 | 289 | 424.8% |
Vietnam | 10.0 | 119 | 193 | 227 | 183.1% |
Saudi Arabia | 67.8 | 94.2 | 85.3 | 82.7 | 6.8% |
Greece | 42.8 | 72.2 | 52.2 | 54.8 | 8.6% |
Brazil | 119 | 68.1 | N/A | N/A | -42.8% |
Others | 1.1 | 2.0 | 9.3 | 15.0 | 138.9% |
Total | 950 | 1,304 | 3,012 | 3,523 | 54.8% |
Top Export Markets for Refined Maize Oil from Sweden in 2022:
- United Kingdom (703.0 tons)
- Germany (140.0 tons)
- Denmark (125.0 tons)
- Netherlands (117.0 tons)
- France (90.0 tons)
- Vietnam (40.0 tons)
- Saudi Arabia (23.0 tons)
- Greece (21.0 tons)
Refined Maize Oil Imports in Sweden
In 2022, overseas purchases of refined maize (corn) oil decreased by -13.8% to 250 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 6.3%. As a result, imports reached the peak of 327 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refined maize oil imports rose remarkably to $570K in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Refined Maize Oil in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 169 | 270 | 249 | 374 | 30.3% |
Belgium | 53.0 | 82.3 | 137 | 122 | 32.0% |
Italy | 24.1 | 35.2 | 40.6 | 24.5 | 0.6% |
United Kingdom | 0.7 | 0.2 | 2.1 | 23.2 | 221.2% |
Austria | 40.1 | 25.3 | 48.4 | 16.9 | -25.0% |
Lithuania | 24.2 | 2.0 | 6.9 | 3.4 | -48.0% |
Egypt | 61.6 | 63.2 | 50.7 | N/A | -9.3% |
Others | 27.2 | 1.3 | 3.4 | 6.1 | -39.2% |
Total | 400 | 480 | 538 | 570 | 12.5% |
Top Suppliers of Refined Maize Oil to Sweden in 2022:
- Turkey (132.0 tons)
- Belgium (81.0 tons)
- Italy (15.0 tons)
- Austria (9.0 tons)
- United Kingdom (8.2 tons)
- Lithuania (2.0 tons)
This report provides an in-depth analysis of the refined maize oil market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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