Uruguay - 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 Uruguay - 2022
Contents:
- Refined Maize Oil Price in Uruguay (FOB) - 2022
- Refined Maize Oil Price in Uruguay (CIF) - 2022
- Refined Maize Oil Exports in Uruguay
- Refined Maize Oil Imports in Uruguay
Refined Maize Oil Price in Uruguay (FOB) - 2022
The average refined maize oil export price stood at $2,412 per ton in 2022, picking up by 13% against the previous year. Overall, export price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +34.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined maize oil export price increased by +80.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 59%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2020 to 2022, the rate of growth in terms of prices for Brazil amounted to +34.2% per year.
Refined Maize Oil Price in Uruguay (CIF) - 2022
In 2022, the average refined maize oil import price amounted to $2,159 per ton, with an increase of 14% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 32%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,290 per ton), while the price for Argentina stood at $1,958 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.7%).
Refined Maize Oil Exports in Uruguay
For the third consecutive year, Uruguay recorded growth in shipments abroad of refined maize (corn) oil, which increased by 48% to 1.4K tons in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 92%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, refined maize oil exports soared to $3.4M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 207%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Refined Maize Oil in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Brazil | 0.7 | 2.0 | 3.4 | 120.4% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.7 | 2.0 | 3.4 | 120.4% | |
Top Export Markets for Refined Maize Oil from Uruguay in 2022:
- Brazil (1.4K tons)
Refined Maize Oil Imports in Uruguay
For the third consecutive year, Uruguay recorded decline in supplies from abroad of refined maize (corn) oil, which decreased by -37.1% to 167 tons in 2022. Over the period under review, imports showed a precipitous setback. The smallest decline of -5.6% was in 2021.
In value terms, refined maize oil imports contracted markedly to $361K in 2022. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $502K, and then dropped dramatically in the following year.
| Import of Refined Maize Oil in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 406 | 302 | 314 | 232 | -17.0% |
| Argentina | 58.2 | 100 | 187 | 129 | 30.4% |
| Others | 0.5 | 0.8 | 0.3 | N/A | -22.5% |
| Total | 465 | 403 | 502 | 361 | -8.1% |
Top Suppliers of Refined Maize Oil to Uruguay in 2022:
- Brazil (101.3 tons)
- Argentina (65.6 tons)
This report provides an in-depth analysis of the refined maize oil market in Uruguay. 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:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- 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
579
This report provides an in-depth analysis of the refined maize oil market in Uruguay.
399
This report provides an in-depth analysis of the maize oil market in Uruguay.
483
This report provides an in-depth analysis of the linseed oil market in Uruguay.
294
This report provides an in-depth analysis of the sesame oil market in Uruguay.
383
This report provides an in-depth analysis of the crude maize oil market in Uruguay.
675
This report provides an in-depth analysis of the global refined maize oil market.
1333
This report provides an in-depth analysis of the global maize oil market.
3990
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.
1506
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%.
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
2205
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
3368
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.
1815
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 ...
2960
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
6072
Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
