Indonesia - Refined Maize (Corn) 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 PricingRefined Maize Oil Price in Indonesia - 2022
Contents:
- Refined Maize Oil Price in Indonesia (CIF) - 2022
- Refined Maize Oil Price in Indonesia (FOB) - 2022
- Refined Maize Oil Imports in Indonesia
- Refined Maize Oil Exports in Indonesia
Refined Maize Oil Price in Indonesia (CIF) - 2022
The average refined maize oil import price stood at $2,305 per ton in March 2022, picking up by 2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 an increase of 17% against the previous month. As a result, import price attained the peak level of $2,662 per ton. From November 2021 to March 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Malaysia ($2,937 per ton), while the price for Singapore ($1,399 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Maize Oil Price in Indonesia (FOB) - 2022
The average refined maize oil export price stood at $1,387 per ton in 2022, picking up by 8.6% against the previous year. Over the period under review, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 64%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($2,517 per ton), while the average price for exports to Malaysia ($135 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 Burkina Faso (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Maize Oil Imports in Indonesia
For the fourth consecutive year, Indonesia recorded growth in overseas purchases of refined maize (corn) oil, which increased by 7.7% to 4K tons in 2022. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 8%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, refined maize oil imports skyrocketed to $10M in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Refined Maize Oil in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,192 | 1,376 | 1,582 | 3,771 | 46.8% |
France | 1,171 | 1,360 | 1,899 | 1,923 | 18.0% |
South Korea | 417 | 523 | 1,350 | 1,506 | 53.4% |
Singapore | 617 | 360 | 305 | 433 | -11.1% |
Canada | 50.5 | 63.0 | 71.4 | 203 | 59.0% |
Turkey | 15.3 | 23.9 | 55.3 | 132 | 105.1% |
Others | 1,337 | 1,236 | 2,463 | 2,157 | 17.3% |
Total | 4,800 | 4,942 | 7,726 | 10,124 | 28.2% |
Top Suppliers of Refined Maize Oil to Indonesia in 2022:
- Malaysia (1244.2 tons)
- France (825.2 tons)
- South Korea (557.4 tons)
- Canada (213.0 tons)
- Singapore (136.3 tons)
- Turkey (57.9 tons)
Refined Maize Oil Exports in Indonesia
In 2022, after three years of growth, there was significant decline in shipments abroad of refined maize (corn) oil, when their volume decreased by -20.8% to 34 tons. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 44 tons, and then fell markedly in the following year.
In value terms, refined maize oil exports reduced to $48K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of $56K, and then shrank in the following year.
Export of Refined Maize Oil in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | 5.6 | 11.6 | 29.7 | 25.9 | 66.6% |
Brunei Darussalam | 3.7 | 8.3 | 22.6 | 21.0 | 78.4% |
Tanzania | 0.3 | 0.5 | 0.9 | 0.6 | 26.0% |
Malaysia | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Oman | 24.3 | 19.4 | N/A | N/A | -20.2% |
Tonga | N/A | N/A | 1.9 | N/A | 0% |
Others | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
Total | 34.0 | 40.1 | 55.6 | 47.8 | 12.0% |
Top Export Markets for Refined Maize Oil from Indonesia in 2022:
- Yemen (21.4 tons)
- Brunei Darussalam (8.3 tons)
- Tanzania (3.3 tons)
- Malaysia (1.3 tons)
This report provides an in-depth analysis of the refined maize oil market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
This report provides an in-depth analysis of the refined maize oil market in Indonesia.
This report provides an in-depth analysis of the maize oil market in Indonesia.
This report provides an in-depth analysis of the linseed oil market in Indonesia.
This report provides an in-depth analysis of the sesame oil market in Indonesia.
This report provides an in-depth analysis of the castor oil seed market in Indonesia.
This report provides an in-depth analysis of the crude maize oil market in Indonesia.
This report provides an in-depth analysis of the global refined maize oil market.
This report provides an in-depth analysis of the global maize oil market.
This report provides an in-depth analysis of the global linseed oil market.
This report provides an in-depth analysis of the global sesame oil market.
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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.
The maize oil market reached X million USD, rising with an annual increase of X%.
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
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
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.
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
The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
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
Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.