Austria - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Maize Oil Price in Austria - 2023
Contents:
- Crude Maize Oil Price in Austria (CIF) - 2023
- Crude Maize Oil Price in Austria (FOB) - 2022
- Crude Maize Oil Imports in Austria
- Crude Maize Oil Exports in Austria
Crude Maize Oil Price in Austria (CIF) - 2023
The average crude maize oil import price stood at $1,365 per ton in July 2023, leveling off at the previous month. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 8.5% m-o-m. The import price peaked at $1,803 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($1,690 per ton), while the price for Hungary totaled $1,118 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+0.9%), while the prices for the other major suppliers experienced a decline.
Crude Maize Oil Price in Austria (FOB) - 2022
The average crude maize oil export price stood at $1,547 per ton in 2022, jumping by 29% against the previous year. In general, the export price, however, recorded a perceptible contraction. The growth pace was the most rapid in 2019 when the average export price increased by 49%. Over the period under review, the average export prices hit record highs at $2,646 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Germany ($1,868 per ton), while the average price for exports to the Netherlands amounted to $1,109 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.7%), while the prices for the other major destinations experienced a decline.
Crude Maize Oil Imports in Austria
In 2022, purchases abroad of crude maize (corn) oil decreased by -0.1% to 3.3K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 189% against the previous year. As a result, imports reached the peak of 5.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, crude maize oil imports skyrocketed to $5M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 284% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Crude Maize Oil in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 4.3 | 2.7 | 1.9 | -33.5% |
| Hungary | 1.3 | 0.6 | 1.1 | 1.5 | 4.9% |
| France | N/A | N/A | N/A | 1.1 | 0% |
| Germany | N/A | N/A | N/A | 0.5 | 0% |
| Others | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Total | 1.3 | 4.9 | 4.0 | 5.0 | 56.7% |
Top Suppliers of Crude Maize Oil to Austria in 2022:
- Hungary (1198.7 tons)
- Ukraine (1109.7 tons)
- France (587.2 tons)
- Germany (305.3 tons)
Crude Maize Oil Exports in Austria
For the fourth year in a row, Austria recorded growth in shipments abroad of crude maize (corn) oil, which increased by 73% to 189 tons in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 12,983%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, crude maize oil exports soared to $293K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 12,546% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Crude Maize Oil in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 204 | 0% |
| Netherlands | N/A | N/A | 97.2 | 88.9 | -8.5% |
| Italy | N/A | 42.6 | 34.5 | N/A | -19.0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 0.3 | 42.6 | 132 | 293 | 892.2% |
Top Export Markets for Crude Maize Oil from Austria in 2022:
- Germany (109.3 tons)
- Netherlands (80.1 tons)
This report provides an in-depth analysis of the crude maize oil market in Austria. 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:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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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