Australia and Oceania - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia and Oceania: Crude Maize Oil Market 2025
Crude Maize Oil Market Size in Australia and Oceania
In 2022, the crude maize oil market in Australia and Oceania increased by 1.7% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Crude Maize Oil Production in Australia and Oceania
In value terms, crude maize oil production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2014; afterwards, it flattened through to 2022.
Crude Maize Oil Exports
Exports in Australia and Oceania
In 2022, approx. X tons of crude maize (corn) oil were exported in Australia and Oceania; jumping by 56% compared with the previous year. Overall, exports recorded buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 947% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, crude maize oil exports stood at $X in 2022. Over the period under review, exports showed a tangible increase. The most prominent rate of growth was recorded in 2019 with an increase of 653%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Exports by Country
New Zealand (X tons) represented roughly 99.9% of total exports in 2022.
New Zealand was also the fastest-growing in terms of the crude maize (corn) oil exports, with a CAGR of +3.1% from 2012 to 2022. While the share of New Zealand (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, New Zealand ($X) also remains the largest crude maize oil supplier in Australia and Oceania.
In New Zealand, crude maize oil exports increased at an average annual rate of +17.1% over the period from 2012-2022.
Export Prices by Country
The export price in Australia and Oceania stood at $X per ton in 2022, waning by -35.3% against the previous year. In general, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 105% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +13.6% per year.
Crude Maize Oil Imports
Imports in Australia and Oceania
Crude maize oil imports soared to X tons in 2022, jumping by 79% on 2021 figures. Over the period under review, imports, however, faced a precipitous descent. The pace of growth appeared the most rapid in 2016 with an increase of 3,666% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
In value terms, crude maize oil imports soared to $X in 2022. In general, imports, however, saw a sharp downturn. The most prominent rate of growth was recorded in 2016 with an increase of 2,918%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.
Imports by Country
Australia prevails in imports structure, recording X tons, which was approx. 93% of total imports in 2022. Micronesia (X tons) and New Caledonia (X tons) followed a long way behind the leaders.
Imports into Australia decreased at an average annual rate of -21.7% from 2012 to 2022. At the same time, New Caledonia (+31.5%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +31.5% from 2012-2022. By contrast, Micronesia (-28.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Caledonia and Australia increased by +3 and +2.3 percentage points, respectively.
In value terms, Australia ($X) constitutes the largest market for imported crude maize (corn) oil in Australia and Oceania, comprising 90% of total imports. The second position in the ranking was taken by New Caledonia ($X), with a 6.8% share of total imports.
In Australia, crude maize oil imports declined by an average annual rate of -23.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Caledonia (+35.2% per year) and Micronesia (-31.3% per year).
Import Prices by Country
The import price in Australia and Oceania stood at $X per ton in 2022, waning by -26% against the previous year. In general, the import price showed a slight decline. The most prominent rate of growth was recorded in 2021 when the import price increased by 58%. As a result, import price attained the peak level of $X per ton, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Micronesia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+2.9%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
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This report provides an in-depth analysis of the crude maize oil market in Australia and Oceania. 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:
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- 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
-
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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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