Report Update Nov 1, 2024

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

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Croatia: Refined Maize Oil Market 2024

Refined Maize Oil Market Size in Croatia

The Croatian refined maize oil market fell modestly to $X in 2021, reducing by -4% against the previous year. Overall, consumption, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of 8.9% against the previous year. Refined maize oil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Refined Maize Oil Production in Croatia

In value terms, refined maize oil production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. Refined maize oil production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Refined Maize Oil Exports

Exports from Croatia

In 2018, overseas shipments of refined maize (corn) oil decreased by -94.2% to X kg for the first time since 2014, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,100%. The exports peaked at X kg in 2017, and then fell dramatically in the following year.

In value terms, refined maize oil exports declined sharply to $X in 2018. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,390%. Over the period under review, the exports attained the maximum at $X in 2017, and then reduced remarkably in the following year.

Exports by Country

The Netherlands (X kg) was the main destination for refined maize oil exports from Croatia, accounting for a approx. 100% share of total exports.

From 2015 to 2018, the average annual rate of growth in terms of volume to the Netherlands stood at +39.2%.

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

From 2015 to 2018, the average annual rate of growth in terms of value to the Netherlands totaled +35.9%.

Export Prices by Country

In 2018, the average refined maize oil export price amounted to $X per ton, waning by -37.4% against the previous year. In general, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017, and then shrank rapidly in the following year.

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

From 2015 to 2018, the rate of growth in terms of prices for the Netherlands amounted to -2.4% per year.

Refined Maize Oil Imports

Imports into Croatia

For the third year in a row, Croatia recorded growth in purchases abroad of refined maize (corn) oil, which increased by 17% to X tons in 2021. In general, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 21% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, refined maize oil imports surged to $X in 2021. Overall, imports, however, faced a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) was the main supplier of refined maize oil to Croatia, accounting for a 96% share of total imports. Moreover, refined maize oil imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at -10.5%.

In value terms, Italy ($X) constituted the largest supplier of refined maize (corn) oil to Croatia, comprising 94% of total imports. The second position in the ranking was held by Turkey ($X), with a 4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -12.5%.

Import Prices by Country

In 2021, the average refined maize oil import price amounted to $X per ton, rising by 36% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Italy stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+30.1%).

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, comprising approx. 18% of total volume. Moreover, refined maize oil consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 4% 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. 19% of total volume. Moreover, refined maize oil production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 4.9% share.

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

In value terms, Italy constituted the largest supplier of refined maize oil to Croatia, comprising 94% of total imports. The second position in the ranking was occupied by Turkey, with a 4.1% share of total imports.

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

In value terms, Bosnia and Herzegovina $396) remains the key foreign market for refined maize oil exports from Croatia.

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

The average refined maize oil export price stood at $3,633 per ton in 2019, jumping by 50% against the previous year.

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

The average refined maize oil import price stood at $1,796 per ton in 2021, rising by 41% against the previous year.

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

Croatia

Data coverage:

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