Ecuador - Maize Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize Oil Price in Ecuador - 2022
Contents:
- Maize Oil Price in Ecuador (CIF) - 2022
- Maize Oil Price in Ecuador (FOB) - 2022
- Maize Oil Imports in Ecuador
- Maize Oil Exports in Ecuador
Maize Oil Price in Ecuador (CIF) - 2022
The average maize oil import price stood at $2,011 per ton in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. The import price peaked at $2,505 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,168 per ton), while the price for Peru ($263 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.2%), while the prices for the other major suppliers experienced a decline.
Maize Oil Price in Ecuador (FOB) - 2022
In 2022, the average maize oil export price amounted to $2,529 per ton, rising by 2.3% against the previous year. In general, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 6.4%. Over the period under review, the average export prices reached the peak figure at $3,553 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($3,584 per ton), while the average price for exports to Canada amounted to $2,467 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Oil Imports in Ecuador
After three years of growth, overseas purchases of maize oil decreased by -13.3% to 98 tons in 2022. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports attained the peak of 113 tons, and then declined in the following year.
In value terms, maize oil imports shrank to $198K in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $228K, and then dropped in the following year.
Import of Maize Oil in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 34.0 | 55.8 | 112 | 96.0 | 41.3% |
Colombia | 115 | 107 | 105 | 90.8 | -7.6% |
United States | 12.1 | 4.3 | 10.2 | 10.5 | -4.6% |
Peru | 0.5 | 0.5 | 0.8 | 0.6 | 6.3% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 162 | 167 | 228 | 198 | 6.9% |
Top Suppliers of Maize Oil to Ecuador in 2022:
- Argentina (52.1 tons)
- Colombia (40.8 tons)
- United States (3.3 tons)
- Peru (2.1 tons)
Maize Oil Exports in Ecuador
In 2022, shipments abroad of maize oil decreased by -17.9% to 5.6 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 122% against the previous year.
In value terms, maize oil exports declined rapidly to $14K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 109% against the previous year.
Export of Maize Oil in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 1.6 | 9.2 | 16.8 | 13.0 | 101.0% |
Netherlands | 1.4 | N/A | N/A | 0.6 | -24.6% |
Others | 1.4 | N/A | N/A | 0.6 | -24.6% |
Total | 4.4 | 9.2 | 16.8 | 14.1 | 47.4% |
Top Export Markets for Maize Oil from Ecuador in 2022:
- Canada (5.3 tons)
- Netherlands (0.2 tons)
This report provides an in-depth analysis of the maize oil market in Ecuador. 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:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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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Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
The maize oil market reached X million USD, rising with an annual increase of X%.
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to
The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer
Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.