Report Update Apr 1, 2024

Uzbekistan - Refined Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Uzbekistan: Refined Maize Oil Market 2024

Refined Maize Oil Market Size in Uzbekistan

For the third consecutive year, the Uzbek refined maize oil market recorded decline in sales value, which decreased by X% to less than $X in 2022. Overall, consumption, however, faced a precipitous slump. The pace of growth was the most pronounced in 2020 with a decrease of X% against the previous year. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Refined Maize Oil Production in Uzbekistan

In value terms, refined maize oil production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced decline. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Refined maize oil production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Refined Maize Oil Exports

Exports from Uzbekistan

In 2020, the amount of refined maize (corn) oil exported from Uzbekistan surged to X tons, rising by X% on the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined maize oil exports skyrocketed to $X in 2020. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Afghanistan (X tons) was the main destination for refined maize oil exports from Uzbekistan, with a approx. X% share of total exports.

From 2019 to 2020, the average annual rate of growth in terms of volume to Afghanistan amounted to X.8%.

In value terms, Afghanistan ($X) also remains the key foreign market for refined maize (corn) oil exports from Uzbekistan.

From 2019 to 2020, the average annual growth rate of value to Afghanistan amounted to X.0%.

Export Prices by Country

In 2020, the average refined maize oil export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price continues to indicate a precipitous decrease. Over the period under review, the average export prices reached the maximum at $X per ton in 2019, and then contracted notably in the following year.

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

From 2019 to 2020, the rate of growth in terms of prices for Afghanistan amounted to X% per year.

Refined Maize Oil Imports

Imports into Uzbekistan

In 2022, the amount of refined maize (corn) oil imported into Uzbekistan skyrocketed to X tons, increasing by X% compared with the previous year's figure. Overall, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, refined maize oil imports surged to $X in 2022. In general, imports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest refined maize oil supplier to Uzbekistan, with a X% share of total imports. Moreover, refined maize oil imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold.

From 2017 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%.

In value terms, Turkey ($X) constituted the largest supplier of refined maize (corn) oil to Uzbekistan, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports.

From 2017 to 2022, the average annual growth rate of value from Turkey totaled X%.

Import Prices by Country

In 2022, the average refined maize oil import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Russia totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined maize (corn) oil in the world?

The country with the largest volume of refined maize oil consumption was China, accounting for 18% of total volume. Moreover, refined maize oil consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by the United States, with a 7.1% share.

What are the largest producers of refined maize (corn) oil in the world?

China constituted the country with the largest volume of refined maize oil production, comprising approx. 18% of total volume. Moreover, refined maize oil production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was held by India, with a 7.4% share.

What are the leading suppliers of refined maize (corn) oil to Uzbekistan?

In value terms, Turkey constituted the largest supplier of refined maize corn) oil to Uzbekistan, comprising 73% of total imports. The second position in the ranking was held by Russia, with a 27% share of total imports.

What are the leading importers of refined maize (corn) oil from Uzbekistan?

In value terms, Afghanistan remains the key foreign market for refined maize corn) oil exports from Uzbekistan.

What is the average export price for refined maize (corn) oil in Uzbekistan?

In 2020, the average refined maize oil export price amounted to $662 per ton, declining by -25.3% against the previous year.

What is the average import price for refined maize (corn) oil in Uzbekistan?

The average refined maize oil import price stood at $2,120 per ton in 2022, surging by 21% against the previous year.

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

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
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