Report Update Apr 1, 2024

Finland - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Maize Oil Market 2024

Maize Oil Market Size in Finland

The Finnish maize oil market fell notably to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Maize Oil Production in Finland

In value terms, maize oil production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Maize Oil Exports

Exports from Finland

In 2022, after two years of decline, there was significant decline in shipments abroad of maize oil, when their volume decreased by X% to X kg. Over the period under review, exports saw a pronounced reduction. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, maize oil exports shrank sharply to $X in 2022. Overall, exports, however, continue to indicate resilient growth. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for maize oil exports from Finland, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%.

In value terms, the Netherlands ($X) emerged as the key foreign market for maize oil exports from Finland.

From 2013 to 2022, the average annual growth rate of value to the Netherlands totaled X%.

Export Prices by Country

In 2022, the average maize oil export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Maize Oil Imports

Imports into Finland

In 2022, supplies from abroad of maize oil decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a pronounced slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, maize oil imports soared to $X in 2022. In general, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Estonia (X tons) constituted the largest supplier of maize oil to Finland, accounting for a X% share of total imports. Moreover, maize oil imports from Estonia exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold. The third position in this ranking was taken by Sweden (X kg), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Estonia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Sweden (X% per year).

In value terms, Estonia ($X) constituted the largest supplier of maize oil to Finland, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Estonia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Sweden (X% per year).

Import Prices by Country

The average maize oil import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize oil in the world?

The countries with the highest volumes of consumption in 2022 were the United States, China and Brazil, with a combined 57% share of global consumption. South Africa, Japan, Kuwait, Singapore, France, Libya, Tunisia and Canada lagged somewhat behind, together accounting for a further 16%.

What are the largest producers of maize oil in the world?

The countries with the highest volumes of production in 2022 were the United States, China and Brazil, together comprising 63% of global production. Canada, South Africa, Japan, France, Turkey, Italy, Argentina and South Korea lagged somewhat behind, together accounting for a further 19%.

What are the leading suppliers of maize oil to Finland?

In value terms, Estonia constituted the largest supplier of maize oil to Finland, comprising 72% of total imports. The second position in the ranking was held by the Netherlands, with a 19% share of total imports. It was followed by Sweden, with a 5.2% share.

What are the leading importers of maize oil from Finland?

In value terms, the Netherlands $3) emerged as the key foreign market for maize oil exports from Finland.

What is the average export price for maize oil in Finland?

The average maize oil export price stood at $1,500 per ton in 2022, surging by 50% against the previous year.

What is the average import price for maize oil in Finland?

In 2022, the average maize oil import price amounted to $3,149 per ton, growing by 68% against the previous year.

This report provides an in-depth analysis of the maize oil market in Finland. 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:

FCL 60 - Oil of Maize

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023