France - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

France - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights

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Maize Oil Price in France - 2023

Contents:

  1. Maize Oil Price in France (FOB) - 2023
  2. Maize Oil Price in France (CIF) - 2023
  3. Maize Oil Exports in France
  4. Maize Oil Imports in France

Maize Oil Price in France (FOB) - 2023

In August 2023, the average maize oil export price amounted to $1,198 per ton, which is down by -19.2% against the previous month. In general, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 12% against the previous month. As a result, the export price attained the peak level of $1,988 per ton. From November 2022 to August 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Belgium ($1,716 per ton), while the average price for exports to Spain ($962 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Maize Oil Price in France (CIF) - 2023

In August 2023, the average maize oil import price amounted to $2,822 per ton, rising by 30% against the previous month. In general, import price indicated a noticeable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, maize oil import price increased by +80.3% against January 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 51% month-to-month. Over the period under review, average import prices reached the maximum in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,769 per ton), while the price for Belgium ($2,379 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Maize Oil Exports in France

In 2022, maize oil exports from France rose notably to 16K tons, picking up by 12% on the year before. In general, exports, however, showed a abrupt decrease.

In value terms, maize oil exports skyrocketed to $27M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 46%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Maize Oil in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.51.47.512.370.1%
KuwaitN/A0.91.95.3142.7%
SpainN/A2.52.92.97.7%
TunisiaN/A1.20.51.1-4.3%
Indonesia1.80.32.71.1-15.1%
Austria0.60.20.10.810.1%
SwedenN/A0.10.20.4100.0%
Israel3.70.50.60.2-62.2%
Italy4.81.90.50.2-65.3%
Greece4.74.60.1N/A-85.4%
Turkey1.5N/AN/AN/A0%
Others2.61.85.42.82.5%
Total22.115.322.427.37.3%

Top Export Markets for Maize Oil from France in 2022:

  1. Italy (undefinedK tons)
  2. Greece (undefinedK tons)
  3. Belgium (7.5K tons)
  4. Kuwait (3.1K tons)
  5. Spain (2.1K tons)
  6. Tunisia (0.8K tons)
  7. Indonesia (0.6K tons)
  8. Austria (0.5K tons)
  9. Sweden (0.3K tons)
  10. Israel (0.1K tons)

Maize Oil Imports in France

For the fourth consecutive year, France recorded growth in overseas purchases of maize oil, which increased by 23% to 6.2K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, maize oil imports soared to $9.9M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 95%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Maize Oil in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.84.63.43.929.4%
Spain1.00.22.72.942.6%
Italy0.50.20.91.544.2%
Netherlands0.10.30.50.791.3%
Germany0.10.10.30.458.7%
SwedenN/A0.20.20.322.5%
ArgentinaN/A1.3N/AN/A0%
OthersN/AN/A0.40.1-75.0%
Total3.66.98.49.940.1%

Top Suppliers of Maize Oil to France in 2022:

  1. Spain (2037.5 tons)
  2. Belgium (1875.8 tons)
  3. Italy (1608.1 tons)
  4. Netherlands (272.5 tons)
  5. Germany (204.6 tons)
  6. Sweden (111.7 tons)

Source: IndexBox Market Intelligence Platform

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

  • France

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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