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Switzerland - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Maize Oil Price in Switzerland - 2023
Contents:
- Refined Maize Oil Price in Switzerland (CIF) - 2022
- Refined Maize Oil Price in Switzerland (FOB) - 2022
- Refined Maize Oil Imports in Switzerland
- Refined Maize Oil Exports in Switzerland
Refined Maize Oil Price in Switzerland (CIF) - 2022
The average refined maize oil import price stood at $2,761 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +52.5% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,621 per ton), while the price for Austria ($2,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Maize Oil Price in Switzerland (FOB) - 2022
The average refined maize oil export price stood at $20,576 per ton in 2022, shrinking by -19.8% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 107% against the previous year. Over the period under review, the average export prices attained the peak figure at $25,649 per ton in 2021, and then dropped rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($65,442 per ton), while the average price for exports to Germany ($8,028 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 Italy (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Maize Oil Imports in Switzerland
In 2022, supplies from abroad of refined maize (corn) oil decreased by -22.9% to 128 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2020 when imports increased by 28%. As a result, imports reached the peak of 186 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refined maize oil imports shrank to $354K in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 41%.
Import of Refined Maize Oil in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 81.5 | 175 | 203 | 131 | 17.1% |
Austria | 96.6 | 114 | 109 | 130 | 10.4% |
Italy | 34.5 | 41.0 | 56.8 | 54.8 | 16.7% |
United States | 8.5 | 9.4 | 9.4 | 18.0 | 28.4% |
Germany | 15.7 | 10.7 | 10.3 | 12.5 | -7.3% |
Others | 23.7 | 16.5 | 6.6 | 7.2 | -32.8% |
Total | 260 | 367 | 395 | 354 | 10.8% |
Top Suppliers of Refined Maize Oil to Switzerland in 2022:
- Austria (54.6 tons)
- France (43.2 tons)
- Italy (21.2 tons)
- Germany (4.0 tons)
- United States (3.2 tons)
Refined Maize Oil Exports in Switzerland
In 2022, approx. 3.4 tons of refined maize (corn) oil were exported from Switzerland; growing by 3.7% against 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 139%. As a result, the exports attained the peak of 4.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, refined maize oil exports fell remarkably to $71K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 86% against the previous year.
Export of Refined Maize Oil in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 13.0 | 27.8 | 41.2 | 32.1 | 35.2% |
Germany | 13.3 | 19.8 | 16.3 | 18.4 | 11.4% |
United Kingdom | 3.9 | 11.4 | 26.0 | 17.9 | 66.2% |
France | 1.5 | 1.7 | 1.7 | 2.5 | 18.6% |
Poland | N/A | 1.9 | N/A | N/A | 0% |
Others | 2.0 | N/A | N/A | N/A | 0% |
Total | 33.7 | 62.7 | 85.3 | 71.0 | 28.2% |
Top Export Markets for Refined Maize Oil from Switzerland in 2022:
- Germany (2295.0 kg)
- South Korea (491.0 kg)
- United Kingdom (367.0 kg)
- France (296.0 kg)
This report provides an in-depth analysis of the refined maize oil market in Switzerland. 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:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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
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