Japan - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Maize Oil Price in Japan - 2023
Contents:
- Refined Maize Oil Price in Japan (FOB) - 2022
- Refined Maize Oil Price in Japan (CIF) - 2022
- Refined Maize Oil Exports in Japan
- Refined Maize Oil Imports in Japan
Refined Maize Oil Price in Japan (FOB) - 2022
In 2022, the average refined maize oil export price amounted to $1,669 per ton, rising by 26% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 61%. The export price peaked at $4,577 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1,662 per ton), while the average price for exports to South Korea totaled $1,341 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.1%).
Refined Maize Oil Price in Japan (CIF) - 2022
The average refined maize oil import price stood at $1,932 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2015 an increase of 4.9% against the previous year. The import price peaked at $2,994 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -4.7% per year.
Refined Maize Oil Exports in Japan
In 2022, refined maize oil exports from Japan declined remarkably to 1.2K tons, shrinking by -57.3% against the year before. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%.
In value terms, refined maize oil exports shrank sharply to $2.1M in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of $3.8M, and then shrank notably in the following year.
| Export of Refined Maize Oil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.0 | 1.0 | 2.2 | 1.7 | -5.3% |
| South Korea | 0.9 | 1.2 | 1.6 | 0.2 | -39.4% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.0 | 2.3 | 3.8 | 2.1 | -11.2% |
Top Export Markets for Refined Maize Oil from Japan in 2022:
- Malaysia (1033.6 tons)
- South Korea (172.3 tons)
Refined Maize Oil Imports in Japan
In 2022, overseas purchases of refined maize (corn) oil decreased by 0% to 253 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 6,538% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, refined maize oil imports totaled $489K in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 5,677%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Refined Maize Oil in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 99.0 | N/A | 460 | 115.6% |
| Others | 2.2 | 27.6 | N/A | 28.7 | 135.4% |
| Total | 2.2 | 127 | N/A | 489 | 505.8% |
Top Suppliers of Refined Maize Oil to Japan in 2022:
- France (252.6 tons)
This report provides an in-depth analysis of the refined maize oil market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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