China - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize Oil Prices in China
China Maize Oil Export Price in September 2022
In September 2022, the maize oil price amounted to $2,018 per ton (FOB, China), with a decrease of -5.1% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 9.1% m-o-m. The export price peaked at $2,211 per ton in June 2022; however, from July 2022 to September 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In September 2022, the highest price was recorded for prices to Malaysia ($2,058 per ton) and the Philippines ($2,037 per ton), while the average price for exports to Singapore ($1,946 per ton) and Hong Kong SAR ($1,993 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
China Maize Oil Export Prices by Type
As there is only one major exported type of maize oil, the average price level is determined by prices for refined maize (corn) oil.
From January 2022 to September 2022, the rate of growth in terms of prices for refined maize oil amounted to +0.6% per month.
China Maize Oil Exports
In September 2022, overseas shipments of maize oil decreased by -1.4% to 915 tons, falling for the fourth month in a row after five months of growth. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in April 2022 when exports increased by 230% month-to-month. The exports peaked at 5.1K tons in May 2022; however, from June 2022 to September 2022, the exports failed to regain momentum.
In value terms, maize oil exports contracted to $1.8M (IndexBox estimates) in September 2022. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in April 2022 with an increase of 224% m-o-m. Over the period under review, the exports hit record highs at 11K tons in May 2022; however, from June 2022 to September 2022, the exports stood at a somewhat lower figure.
China Maize Oil Exports by Type
Refined maize (corn) oil (915 tons) was the largest type of maize oil exported from China, with a approximately 100% share of total exports.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of refined maize (corn) oil amounted to +10.9%.
In value terms, refined maize (corn) oil ($1.8M) also remains the largest type of maize oil exported from China.
From January 2022 to September 2022, the average monthly growth rate of the export volume of refined maize (corn) oil amounted to +11.6%.
China Maize Oil Exports by Country
Hong Kong SAR (553 tons) was the main destination for maize oil exports from China, accounting for a 61% share of total exports. Moreover, maize oil exports to Hong Kong SAR exceeded the volume sent to the second major destination, the Philippines (230 tons), twofold. The third position in this ranking was held by Singapore (65 tons), with a 7.1% share.
From January 2022 to September 2022, the average monthly growth rate of volume to Hong Kong SAR totaled +5.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Philippines (-2.3% per month) and Singapore (+2.4% per month).
In value terms, Hong Kong SAR ($1.1M) remains the key foreign market for maize oil exports from China, comprising 60% of total exports. The second position in the ranking was held by the Philippines ($468K), with a 25% share of total exports. It was followed by Singapore, with a 6.9% share.
From January 2022 to September 2022, the average monthly growth rate of value to Hong Kong SAR totaled +5.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Philippines (-2.1% per month) and Singapore (-0.8% per month).
This report provides an in-depth analysis of the maize oil market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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