Saudi Arabia - 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 PricingMaize Oil Price in Saudi Arabia - 2021
Contents:
- Maize Oil Price in Saudi Arabia (CIF) - 2022
- Maize Oil Price in Saudi Arabia (FOB) - 2022
- Maize Oil Imports in Saudi Arabia
- Maize Oil Exports in Saudi Arabia
Maize Oil Price in Saudi Arabia (CIF) - 2022
The average maize oil import price stood at $1,199 per ton in 2022, declining by -14.6% against the previous year. Overall, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. The import price peaked at $1,444 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Yemen ($1,718 per ton), while the price for the United States amounted to $1,183 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+0.9%).
Maize Oil Price in Saudi Arabia (FOB) - 2022
In 2022, the average maize oil export price amounted to $2,241 per ton, almost unchanged from the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 9%. Over the period under review, the average export prices attained the maximum at $2,361 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,181 per ton), while the average price for exports to Yemen ($1,365 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 the United Arab Emirates (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Maize Oil Imports in Saudi Arabia
In 2022, approx. 63K tons of maize oil were imported into Saudi Arabia; declining by -11.9% on 2021 figures. Over the period under review, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of 72K tons, and then declined in the following year.
In value terms, maize oil imports declined notably to $76M in 2022. Overall, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports attained the peak of $101M, and then shrank rapidly in the following year.
| Import of Maize Oil in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.9 | 43.8 | 86.8 | 71.4 | 6.6% |
| Yemen | 2.1 | 2.2 | 2.4 | 2.2 | 1.6% |
| Others | 4.8 | 4.8 | 11.4 | 2.1 | -24.1% |
| Total | 65.8 | 50.7 | 101 | 75.6 | 4.7% |
Top Suppliers of Maize Oil to Saudi Arabia in 2022:
- United States (60.4K tons)
- Yemen (1.3K tons)
Maize Oil Exports in Saudi Arabia
For the third year in a row, Saudi Arabia recorded decline in shipments abroad of maize oil, which decreased by -3.9% to 21K tons in 2022. Over the period under review, exports continue to indicate a abrupt contraction.
In value terms, maize oil exports contracted modestly to $48M in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 0.4% against the previous year.
| Export of Maize Oil in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 14.3 | 13.8 | 15.6 | 13.4 | -2.1% |
| United Arab Emirates | 14.0 | 11.4 | 18.5 | 12.8 | -2.9% |
| Bahrain | 12.2 | 11.5 | 0.2 | 6.7 | -18.1% |
| Yemen | 1.4 | 2.1 | 5.5 | 4.7 | 49.7% |
| Kuwait | 5.7 | 4.8 | 5.3 | 4.5 | -7.6% |
| Iraq | 6.3 | 1.0 | N/A | 2.1 | -30.7% |
| Lebanon | 0.3 | 1.0 | 2.2 | 1.9 | 85.0% |
| Libya | N/A | 2.1 | N/A | N/A | 0% |
| Others | 2.3 | 2.6 | 3.2 | 2.0 | -4.6% |
| Total | 56.5 | 50.4 | 50.6 | 48.1 | -5.2% |
Top Export Markets for Maize Oil from Saudi Arabia in 2022:
- Jordan (5.7K tons)
- United Arab Emirates (4.0K tons)
- Bahrain (3.5K tons)
- Yemen (3.5K tons)
- Kuwait (1.9K tons)
- Iraq (1.1K tons)
- Lebanon (0.9K tons)
This report provides an in-depth analysis of the maize oil market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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
586
This report provides an in-depth analysis of the maize oil market in Saudi Arabia.
527
This report provides an in-depth analysis of the linseed oil market in Saudi Arabia.
761
This report provides an in-depth analysis of the sesame oil market in Saudi Arabia.
670
This report provides an in-depth analysis of the castor oil seed market in Saudi Arabia.
418
This report provides an in-depth analysis of the crude maize oil market in Saudi Arabia.
444
This report provides an in-depth analysis of the refined maize oil market in Saudi Arabia.
1334
This report provides an in-depth analysis of the global maize oil market.
3994
This report provides an in-depth analysis of the global linseed oil market.
1957
This report provides an in-depth analysis of the global sesame oil market.
2144
Global Castor Oil Seed Market Report 2019. This report provides an in-depth analysis of the global castor oil seed market.
784
The Saudi Arabian sesame oil market reached X tons in 2014.
1507
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1429
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
1714
The maize oil market reached X million USD, rising with an annual increase of X%.
1399
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize
2205
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
3369
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1816
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to
1608
The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
2962
In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer
