Latest Report Update: Dec 24, 2021

Asia - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Asia: Maize Oil Market Overview 2021

Maize Oil Market Size in Asia

In 2020, the Asian maize oil market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, the market reached the peak level in 2020 and is likely to continue growth in the immediate term.

Maize Oil Production in Asia

In value terms, maize oil production totaled $X in 2020 estimated in export prices. The total production indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is expected to retain growth in the immediate term.

Production by Country in Asia

China (X tonnes) remains the largest maize oil producing country in Asia, accounting for X% of total volume. Moreover, maize oil production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), sevenfold. Turkey (X tonnes) ranked third in terms of total production with a X% share.

In China, maize oil production increased at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: Japan (-X% per year) and Turkey (+X% per year).

Maize Oil Exports

Exports in Asia

In 2020, shipments abroad of maize oil was finally on the rise to reach X tonnes after three years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, maize oil exports fell modestly to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Turkey represented the major exporting country with an export of around X tonnes, which recorded X% of total exports. Saudi Arabia (X tonnes) ranks second in terms of the total exports with a X% share, followed by South Korea (X%), Oman (X%), the United Arab Emirates (X%), China (X%) and Malaysia (X%).

Turkey was also the fastest-growing in terms of the maize oil exports, with a CAGR of +X% from 2007 to 2020. at the same time, South Korea (+X%) and Malaysia (+X%) displayed positive paces of growth. by contrast, Saudi Arabia (-X%), the United Arab Emirates (-X%), Oman (-X%) and China (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.), South Korea (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia, the United Arab Emirates, Oman and China saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2020, respectively.

In value terms, the largest maize oil supplying countries in Asia were Turkey ($X), Saudi Arabia ($X) and Oman ($X), together comprising X% of total exports.

Turkey saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The maize oil export price in Asia stood at $X per tonne in 2020, falling by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Saudi Arabia ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Maize Oil Imports

Imports in Asia

In 2020, maize oil imports in Asia contracted to X tonnes, waning by -X% compared with 2019. in general, imports saw a perceptible setback. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. from 2017 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, maize oil imports fell to $X in 2020. Overall, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tonnes) and Saudi Arabia (X tonnes) represented the largest importers of maize oil in 2020, recording approx. X% and X% of total imports, respectively. Kuwait (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Turkey (X%), the United Arab Emirates (X%), Azerbaijan (X%), Malaysia (X%) and Jordan (X%).

From 2007 to 2020, the biggest increases were in Singapore, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest maize oil importing markets in Asia were Singapore ($X), Saudi Arabia ($X) and Kuwait ($X), with a combined X% share of total imports.

Among the main importing countries, Singapore recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the maize oil import price in Asia amounted to $X per tonne, picking up by X% against the previous year. in general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. Over the period under review, import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was the United Arab Emirates ($X per tonne), while Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Azerbaijan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize oil in Asia?
+
The country with the largest volume of maize oil consumption was China (556K tonnes), comprising approx. 56% of total volume. Moreover, maize oil consumption in China exceeded the figures recorded by the second-largest consumer, Japan (78K tonnes), sevenfold. Singapore (76K tonnes) ranked third in terms of total consumption with a 7.6% share.
What are the largest producers of maize oil in Asia?
+
China (565K tonnes) constituted the country with the largest volume of maize oil production, comprising approx. 69% of total volume. Moreover, maize oil production in China exceeded the figures recorded by the second-largest producer, Japan (80K tonnes), sevenfold. The third position in this ranking was occupied by Turkey (55K tonnes), with a 6.7% share.
What are the leading suppliers of maize oil in Asia?
+
In value terms, Turkey ($76M), Saudi Arabia ($53M) and Oman ($25M) constituted the countries with the highest levels of exports in 2020, with a combined 66% share of total exports.
What are the leading importers of maize oil in Asia?
+
In value terms, Singapore ($64M), Saudi Arabia ($49M) and Kuwait ($44M) constituted the countries with the highest levels of imports in 2020, with a combined 42% share of total imports.
What is the average export price for maize oil in Asia?
+
In 2020, the maize oil export price in Asia amounted to $1,438 per tonne, with a decrease of -5.4% against the previous year.
What is the average import price for maize oil in Asia?
+
In 2020, the maize oil import price in Asia amounted to $1,099 per tonne, with an increase of 3.9% against the previous year.

Product coverage:
• FCL 60 - Oil of Maize

This report provides an in-depth analysis of the maize oil market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Physical Terms, by Country, 2007–2020
Table 7:
Imports, in Value Terms, by Country, 2007–2020
Table 8:
Import Prices, by Country of Destination, 2007–2020
Table 9:
Exports, in Physical Terms, by Country, 2007–2020
Table 10:
Exports, in Value Terms, by Country, 2007–2020
Table 11:
Export Prices, by Country of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Exports and Growth
Figure 11:
Export Prices and Growth
Figure 12:
Market Size and Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports and Growth
Figure 15:
Import Prices
Figure 16:
Production, in Physical Terms, 2007–2020
Figure 17:
Production, in Value Terms, 2007–2020
Figure 18:
Production, by Country, 2020
Figure 19:
Production, in Physical Terms, by Country, 2007–2020
Figure 20:
Imports, in Physical Terms, 2007–2020
Figure 21:
Imports, in Value Terms, 2007–2020
Figure 22:
Imports, in Physical Terms, by Country, 2020
Figure 23:
Imports, in Physical Terms, by Country, 2007–2020
Figure 24:
Imports, in Value Terms, by Country, 2007–2020
Figure 25:
Import Prices, by Country, 2007–2020
Figure 26:
Exports, in Physical Terms, 2007–2020
Figure 27:
Exports, in Value Terms, 2007–2020
Figure 28:
Exports, in Physical Terms, by Country, 2020
Figure 29:
Exports, in Physical Terms, by Country, 2007–2020
Figure 30:
Exports, in Value Terms, by Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data