Spain - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize Oil Price in Spain - 2023
Contents:
- Maize Oil Price in Spain (CIF) - 2023
- Maize Oil Price in Spain (FOB) - 2023
- Maize Oil Imports in Spain
- Maize Oil Exports in Spain
Maize Oil Price in Spain (CIF) - 2023
In August 2023, the average maize oil import price amounted to $1,132 per ton, rising by 4.7% against the previous month. Over the period under review, the import price, however, saw a pronounced descent. The growth pace was the most rapid in April 2023 an increase of 24% m-o-m. The import price peaked at $1,681 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,737 per ton), while the price for France ($985 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Maize Oil Price in Spain (FOB) - 2023
The average maize oil export price stood at $1,517 per ton in August 2023, growing by 22% against the previous month. Over the period under review, the export price, however, showed a pronounced decline. The most prominent rate of growth was recorded in May 2023 an increase of 61% against the previous month. As a result, the export price reached the peak level of $2,177 per ton. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($5,107 per ton), while the average price for exports to Tunisia ($991 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Oil Imports in Spain
In 2022, overseas purchases of maize oil decreased by -69.3% to 6.5K tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 426%. As a result, imports attained the peak of 28K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, maize oil imports dropped rapidly to $12M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 396% against the previous year.
| Import of Maize Oil in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 1.3 | N/A | 6.3 | 120.1% |
| France | 0.1 | 2.4 | 2.7 | 2.7 | 200.0% |
| Brazil | 0.5 | 4.1 | 5.4 | 2.0 | 58.7% |
| Italy | 0.4 | 0.7 | 0.8 | 0.7 | 20.5% |
| Colombia | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Netherlands | 1.3 | 1.9 | 0.2 | 0.1 | -57.5% |
| Belgium | 2.4 | 0.4 | N/A | N/A | -83.3% |
| United Kingdom | N/A | 7.6 | N/A | N/A | 0% |
| United States | N/A | 5.7 | 14.9 | N/A | 161.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 24.1 | 24.2 | 12.3 | 35.9% |
Top Suppliers of Maize Oil to Spain in 2022:
- Argentina (3035.5 tons)
- France (1817.4 tons)
- Brazil (1014.1 tons)
- Italy (405.7 tons)
- Colombia (198.0 tons)
- Netherlands (40.3 tons)
- United States (0.2 tons)
Maize Oil Exports in Spain
In 2022, the amount of maize oil exported from Spain reduced notably to 7.8K tons, which is down by -43.4% against the previous year. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 56%. As a result, the exports attained the peak of 14K tons, and then reduced notably in the following year.
In value terms, maize oil exports declined sharply to $15M in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 73%. As a result, the exports attained the peak of $19M, and then reduced remarkably in the following year.
| Export of Maize Oil in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 2.1 | 1.9 | 1.9 | 4.8 | 31.7% |
| Belgium | N/A | N/A | N/A | 3.2 | 0% |
| Philippines | N/A | N/A | 1.0 | 2.0 | 100.0% |
| France | 1.0 | 0.1 | 1.2 | 1.7 | 19.3% |
| South Korea | 1.0 | 0.8 | 2.5 | 1.3 | 9.1% |
| Hong Kong SAR | 0.8 | 1.8 | N/A | 1.2 | 14.5% |
| New Zealand | 1.3 | 0.6 | 0.2 | 0.1 | -57.5% |
| Greece | N/A | N/A | 1.2 | N/A | 0% |
| Libya | 1.7 | N/A | N/A | N/A | 0% |
| Italy | N/A | 0.9 | 0.2 | N/A | -77.8% |
| Qatar | N/A | 1.1 | N/A | N/A | 0% |
| Others | 0.7 | 3.7 | 10.5 | 1.0 | 12.6% |
| Total | 8.5 | 10.8 | 18.7 | 15.3 | 21.6% |
Top Export Markets for Maize Oil from Spain in 2022:
- Portugal (2664.3 tons)
- Belgium (1441.1 tons)
- France (1356.8 tons)
- Philippines (678.3 tons)
- Hong Kong SAR (630.7 tons)
- South Korea (567.5 tons)
- New Zealand (45.1 tons)
This report provides an in-depth analysis of the maize oil market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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
599
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In July 2022, the maize oil price per ton stood at $2.2K (CIF, Spain), rising by 4.8% against the previous month.
457
In July 2022, the linseed oil price stood at $2,230 per ton (FOB, Spain), waning by -14.4% against the previous month.
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In March 2023, the refined maize oil price amounted to $1,751 per ton (FOB, Spain), with a decrease of -13.1% against the previous month.
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Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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The maize oil market reached X million USD, rising with an annual increase of X%.
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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.
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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
