Spain - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize Oil Price in Spain Amounts $2.2K per Ton, Fluctuating Notably over 2022
Spain Maize Oil Import Price per Ton in July 2022
In July 2022, the maize oil price per ton stood at $2.2K (CIF, Spain), rising by 4.8% against the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +6.4%. The pace of growth was the most pronounced in February 2022 an increase of 68% m-o-m. As a result, import price attained the peak level of $2.5K per ton. From March 2022 to July 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($126.0K per ton), while the price for France ($1.5K per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Colombia (+675.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spain Maize Oil Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In July 2022, the product with the highest price was crude maize (corn) oil ($2.2K per ton), while the price for refined maize (corn) oil totaled $1.9K per ton.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by crude maize oil (+6.6%).
Spain Maize Oil Imports
In August 2022, approximately 564 tons of maize oil were imported into Spain; falling by -83.2% on the previous month's figure. Overall, imports, however, saw buoyant growth. The growth pace was the most rapid in July 2022 with an increase of 407% m-o-m. As a result, imports attained the peak of 3.4K tons, and then dropped dramatically in the following month.
In value terms, maize oil imports declined significantly to $917K (IndexBox estimates) in August 2022. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in July 2022 when imports increased by 432% month-to-month. As a result, imports attained the peak of $7.3M, and then shrank notably in the following month.
Spain Maize Oil Imports by Type
In July 2022, crude maize (corn) oil (3.3K tons) was the main type of maize oil supplied to Spain, accounting for a 98% share of total imports. It was followed by refined maize (corn) oil (75 tons), with a 2.2% share of total imports.
From January 2022 to July 2022, the average monthly rate of growth in terms of the volume of import of crude maize (corn) oil amounted to +98.9%.
In value terms, crude maize (corn) oil ($7.2M) constituted the largest type of maize oil supplied to Spain, comprising 98% of total imports. The second position in the ranking was taken by refined maize (corn) oil ($141K), with a 1.9% share of total imports.
Spain Maize Oil Imports by Country
In July 2022, Argentina (3K tons) was the main maize oil supplier to Spain, with a 90% share of total imports. Moreover, maize oil imports from Argentina exceeded the figures recorded by the second-largest supplier, France (248 tons), more than tenfold. Italy (74 tons) ranked third in terms of total imports with a 2.2% share.
From January 2022 to July 2022, the average monthly growth rate of volume from Argentina stood at +14,379.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+12.7% per month) and Italy (+7.0% per month).
In value terms, Argentina ($6.8M) constituted the largest supplier of maize oil to Spain, comprising 93% of total imports. The second position in the ranking was taken by France ($382K), with a 5.2% share of total imports. It was followed by Italy, with a 1.9% share.
From January 2022 to July 2022, the average monthly growth rate of value from Argentina amounted to +4,707.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+15.2% per month) and Italy (+8.8% per month).
This report provides an in-depth analysis of the maize oil market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
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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
