India - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Maize Oil Price in India - 2023
Contents:
- Refined Maize Oil Price in India (FOB) - 2022
- Refined Maize Oil Price in India (CIF) - 2022
- Refined Maize Oil Exports in India
- Refined Maize Oil Imports in India
Refined Maize Oil Price in India (FOB) - 2022
In 2022, the average refined maize oil export price amounted to $6,155 per ton, growing by 42% against the previous year. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 74%. Over the period under review, the average export prices attained the maximum at $7,041 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 Vietnam ($19,525 per ton), while the average price for exports to Bhutan ($967 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 Sri Lanka (+59.8%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Maize Oil Price in India (CIF) - 2022
In 2022, the average refined maize oil import price amounted to $5,488 per ton, increasing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($48,014 per ton), while the price for Germany amounted to $4,721 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Maize Oil Exports in India
In 2022, the amount of refined maize (corn) oil exported from India skyrocketed to 46 tons, picking up by 32% compared with 2021 figures. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 619% against the previous year. As a result, the exports attained the peak of 54 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined maize oil exports soared to $286K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 155%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Refined Maize Oil in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 13.0 | 41.9 | 49.4 | 146 | 123.9% |
| Vietnam | N/A | N/A | 0.5 | 79.0 | 15700.0% |
| United Kingdom | 0.2 | 0.1 | 16.4 | 21.7 | 377.0% |
| Malaysia | 3.3 | N/A | 0.1 | 13.8 | 61.1% |
| New Zealand | N/A | 1.6 | 0.7 | 7.4 | 115.1% |
| Canada | 1.8 | 4.6 | N/A | 3.7 | 27.1% |
| United States | 2.0 | 1.5 | 4.4 | 3.0 | 14.5% |
| Singapore | N/A | 17.3 | 25.2 | 0.4 | -84.8% |
| Japan | N/A | 12.5 | 18.8 | N/A | 50.4% |
| United Arab Emirates | N/A | 34.2 | 0.1 | N/A | -99.7% |
| Others | 32.1 | 19.8 | 36.1 | 10.7 | -30.7% |
| Total | 52.5 | 134 | 152 | 286 | 76.0% |
Top Export Markets for Refined Maize Oil from India in 2022:
- United Arab Emirates (undefined tons)
- Australia (22.4 tons)
- Malaysia (8.9 tons)
- United Kingdom (5.7 tons)
- Vietnam (4.0 tons)
- United States (1.7 tons)
- New Zealand (1.0 tons)
- Canada (0.9 tons)
- Singapore (0.1 tons)
Refined Maize Oil Imports in India
In 2022, imports of refined maize (corn) oil into India contracted dramatically to 4.2 tons, waning by -71.8% compared with 2021. Overall, imports recorded a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year.
In value terms, refined maize oil imports dropped significantly to $23K in 2022. In general, imports saw a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.
| Import of Refined Maize Oil in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 53.3 | 22.7 | 66.9 | 19.6 | -28.4% |
| United States | 6.4 | 4.9 | 2.5 | 3.6 | -17.5% |
| China | N/A | 19.2 | N/A | N/A | 0% |
| France | 5.8 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 23.3 | 0.2 | N/A | N/A | -99.1% |
| Others | 3.3 | 0.5 | 0.1 | N/A | -82.6% |
| Total | 92.2 | 47.5 | 69.4 | 23.2 | -36.9% |
Top Suppliers of Refined Maize Oil to India in 2022:
- France (undefined tons)
- Germany (4.1 tons)
- United States (0.1 tons)
This report provides an in-depth analysis of the refined 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:
- Prodcom 10621460 - Refined maize (corn) oil and its fractions (excluding chemically modified)
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:
- 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
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This report provides an in-depth analysis of the refined maize oil market in India.
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In March 2023, the price of Linseed Oil was $2,129 per ton (CIF, India), showing a 14% increase compared to the previous month.
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The most notable growth rate was seen in August 2023 with a month-to-month increase of 18% in Sesame Oil exports. In November 2023, the value of sesame oil exports sharply declined to $2.3M.
600
In October 2022, the sesame oil price stood at $3,230 per ton (FOB, India), surging by 2.4% against the previous month.
1504
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1427
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.
1713
The maize oil market reached X million USD, rising with an annual increase of X%.
1398
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
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Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
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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
