Pakistan - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize Oil Price in Pakistan - 2023
Contents:
- Maize Oil Price in Pakistan (CIF) - 2023
- Maize Oil Price in Pakistan (FOB) - 2022
- Maize Oil Imports in Pakistan
- Maize Oil Exports in Pakistan
Maize Oil Price in Pakistan (CIF) - 2023
The average maize oil import price stood at $2,705 per ton in January 2023, reducing by -2.4% against the previous month. Overall, the import price, however, posted noticeable growth. The most prominent rate of growth was recorded in November 2022 an increase of 65% against the previous month. Over the period under review, average import prices hit record highs at $2,771 per ton in December 2022, and then declined modestly in the following month.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From January 2022 to January 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.1% per month.
Maize Oil Price in Pakistan (FOB) - 2022
The average maize oil export price stood at $1,808 per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 194% against the previous year. As a result, the export price reached the peak level of $3,486 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +0.1% per year.
Maize Oil Imports in Pakistan
In 2022, overseas purchases of maize oil decreased by -49.3% to 437 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 9%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, maize oil imports declined markedly to $819K in 2022. In general, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when imports increased by 8.6% against the previous year. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Maize Oil in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 943 | 1,219 | 882 | 420 | -23.6% |
| United Arab Emirates | 933 | 863 | 823 | 362 | -27.1% |
| South Korea | 45.1 | 42.0 | 30.6 | 36.4 | -6.9% |
| Others | 46.3 | 12.9 | 46.5 | N/A | 0.2% |
| Total | 1,968 | 2,138 | 1,782 | 819 | -25.3% |
Top Suppliers of Maize Oil to Pakistan in 2022:
- Oman (222.5 tons)
- United Arab Emirates (192.6 tons)
- South Korea (22.3 tons)
Maize Oil Exports in Pakistan
In 2022, the amount of maize oil exported from Pakistan skyrocketed to 323 tons, with an increase of 20% against 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 924%. As a result, the exports reached the peak of 529 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, maize oil exports skyrocketed to $585K in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 897%. As a result, the exports reached the peak of $856K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Maize Oil in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 85.1 | 856 | 417 | 585 | 90.1% |
| Others | 0.8 | N/A | 4.0 | N/A | 123.6% |
| Total | 85.9 | 856 | 421 | 585 | 89.5% |
Top Export Markets for Maize Oil from Pakistan in 2022:
- Afghanistan (323.3 tons)
This report provides an in-depth analysis of the maize oil market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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