![Report Philippines - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/philippines-maize-oil-market-analysis-forecast-size-trends-and-insights.webp)
Philippines - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPhilippines: Maize Oil Market 2024
Maize Oil Market Size in the Philippines
The Philippine maize oil market was estimated at less than $X in 2023, flattening at the previous year. Over the period under review, consumption showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with a decrease of X%. Maize oil consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Maize Oil Production in the Philippines
In value terms, maize oil production declined rapidly to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2022, and then fell significantly in the following year.
Maize Oil Exports
Exports from the Philippines
After two years of decline, shipments abroad of maize oil decreased by X% to X tons in 2015. Over the period under review, exports, however, continue to indicate a significant increase. The exports peaked at X tons in 2014, and then reduced dramatically in the following year.
In value terms, maize oil exports dropped sharply to $X in 2015. In general, exports, however, recorded a significant expansion. The exports peaked at $X in 2014, and then dropped markedly in the following year.
Exports by Country
Honduras (X tons) was the main destination for maize oil exports from the Philippines, accounting for a X% share of total exports. Moreover, maize oil exports to Honduras exceeded the volume sent to the second major destination, the Dominican Republic (X kg), tenfold.
From 2012 to 2015, the average annual growth rate of volume to Honduras was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and China (X% per year).
In value terms, Honduras ($X) emerged as the key foreign market for maize oil exports from the Philippines, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.
From 2012 to 2015, the average annual rate of growth in terms of value to Honduras was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and China (X% per year).
Export Prices by Country
In 2015, the average maize oil export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a abrupt descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2015, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.
From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.
Maize Oil Imports
Imports into the Philippines
In 2023, after two years of growth, there was significant decline in overseas purchases of maize oil, when their volume decreased by X% to X tons. In general, imports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2022, and then reduced in the following year.
In value terms, maize oil imports fell remarkably to $X in 2023. Over the period under review, imports, however, showed moderate growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then reduced remarkably in the following year.
Imports by Country
In 2023, China (X tons) constituted the largest maize oil supplier to the Philippines, accounting for a X% share of total imports. Moreover, maize oil imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), fivefold. Malaysia (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Malaysia (X% per year).
In value terms, China ($X) constituted the largest supplier of maize oil to the Philippines, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with an X% share of total imports. It was followed by Spain, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Spain (X% per year).
Import Prices by Country
The average maize oil import price stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then declined significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the maize oil market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the maize oil market in Asia.
This report provides an in-depth analysis of the maize oil market in the U.S..
This report provides an in-depth analysis of the maize oil market in China.
This report provides an in-depth analysis of the maize oil market in the EU.
This report provides an in-depth analysis of the global maize oil market.