India - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights

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Crude Maize Oil Price in India - 2023

Contents:

  1. Crude Maize Oil Price in India (FOB) - 2022
  2. Crude Maize Oil Price in India (CIF) - 2022
  3. Crude Maize Oil Exports in India
  4. Crude Maize Oil Imports in India

Crude Maize Oil Price in India (FOB) - 2022

In 2022, the average crude maize oil export price amounted to $2,250 per ton, jumping by 385% against the previous year. Over the period under review, the export price showed a measured expansion. The export price peaked at $3,548 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($4,000 per ton), while the average price for exports to Japan totaled $1,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Micronesia (-3.5%), while the prices for the other major destinations experienced a decline.

Crude Maize Oil Price in India (CIF) - 2022

In 2022, the average crude maize oil import price amounted to $62,053 per ton, with an increase of 5,162% against the previous year. In general, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($63,644 per ton), while the price for the United States totaled $1,326 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+337.3%).

Crude Maize Oil Exports in India

In 2022, shipments abroad of crude maize (corn) oil decreased by 99.9% to 4 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 241%. As a result, the exports attained the peak of 34 tons, and then shrank markedly in the following year.

In value terms, crude maize oil exports declined sharply to $9 in 2022. Over the period under review, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 88%.

Export of Crude Maize Oil in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sierra LeoneN/AN/AN/AN/A0%
JapanN/AN/AN/AN/A0%
Micronesia2.34.35.9N/A60.2%
Tanzania0.10.21.3N/A260.6%
Qatar3.05.26.5N/A47.2%
CanadaN/A1.01.7N/A70.0%
Others0.80.80.4N/A-29.3%
Total6.211.615.7N/A59.1%

Top Export Markets for Crude Maize Oil from India in 2022:

  1. Japan (3.0 kg)
  2. Sierra Leone (1.0 kg)

Crude Maize Oil Imports in India

In 2022, approx. 3.7 tons of crude maize (corn) oil were imported into India; growing by 3,409% on the previous year. Overall, imports, however, showed a sharp slump.

In value terms, crude maize oil imports skyrocketed to $231K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crude Maize Oil in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh31.246.50.123194.9%
United States14.022.8N/A0.1-80.7%
Others0.70.6N/AN/A-14.3%
Total45.969.80.123171.4%

Top Suppliers of Crude Maize Oil to India in 2022:

  1. Bangladesh (3.6 tons)
  2. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude maize oil market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Crude Maize (Corn) Oil - India