What is the price of maize (corn) oil per kilogram/pound in Canada today?
The retail price range for Canada maize (corn) oil is between US$ 1.95 and US$ 4.87 per kilogram or between US$ 0.88 and US$ 2.21 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Canada
The retail price range in Canadian Dollar for maize (corn) oil is between CAD 2.63 and CAD 6.57 per kilogram or between CAD 1.19 and CAD 2.98 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada maize (corn) oil is between US$ 1.36 and US$ 3.41 per kilogram or between US$ 0.62 and US$ 1.55 per pound(lb).
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Canada Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Canada has seen a steady decline over the last five years. In 2011, the price was 1.35 US dollars per kg, while in 2021 it was 1.03 US dollars per kg. The lowest price was recorded in 2019, when it was 0.70 US dollars per kg. In 2020 and 2021, the price increased slightly to 0.73 and 1.03 US dollars per kg respectively. Based on this data, it is likely that the export price per kilogram of Maize (Corn) Oil from Canada will remain around 0.78 US dollars per kg in 2022. Predicted prices for 2023 and 2024 are 0.76 and 0.74 US dollars per kg respectively.The exports of maize (corn) oil from Canada are categorised as:
- Crude maize oil (HS code 151521)
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
Canada Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Canada over the last five years has seen a steady decline. In 2012, the price was $1.31, dropping to $1.13 in 2013, $0.94 in 2014, $0.88 in 2015, and $0.81 in 2016. In 2017, the price rose slightly to $0.84, before dropping again to $0.81 in 2018 and $0.70 in 2019. The price then rose to $1.03 in 2021, before dropping to $0.78 in 2022. Based on this trend, it is likely that the import price per kilogram of Maize (Corn) Oil into Canada will remain relatively stable in 2023 and 2024, with prices of around $0.80 and $0.75 respectively.Export values for Canada maize (corn) oil
The total values in export for maize (corn) oil in Canada were US$ 24,216, US$ 22,506, US$ 18,345 and US$ 19,665 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of maize (corn) oil in other countries across North America: Canada maize (corn) oil, US maize (corn) oil, Anguilla maize (corn) oil, Antigua and Barbuda maize (corn) oil, Bermuda maize (corn) oil, Bonaire, Sint Eustatius and Saba maize (corn) oil, St.Pierre and Miquelon maize (corn) oil, United States Minor Outlying Islands maize (corn) oil, Cayman Islands maize (corn) oil & Greenland maize (corn) oil.
Canada maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
The amount of maize (corn) oil shipped by Canada in 2020 was 20,630 tons. In 2019 Canada shipped 28,021 tonnes of maize (corn) oil. For 2019 alone, the interest in Canada maize (corn) oil (processed category) has improved, recording a change of 23.479 pc compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports increased by 4.12 percent netting Canada US$19.66m for the year 2019. Canada's maize (corn) oil exports are classified as:
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
- Crude maize oil (HS code 151521)
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Canada maize (corn) oil export values
In 2019, Canada sold maize (corn) oil costing 19.66m USD, an improvement of 7.17% from 2018's total maize (corn) oil export of 18.345m USD. The annual growth in value of Canada maize (corn) oil between 2017 to 2018 was -18.488 percent.
The annual/yearly change in the amount of Canada's maize (corn) oil exports between 2017 and 2019 was 4.12% compared to a variation of 23.479% in the period between 2018 and 2019.
Canada's share of the world's total maize (corn) oil's exports in 2019 was 54.2%. The country is ranked number 1 in world exports of maize (corn) oil.
Export markets for Canada maize (corn) oil ( in '000$ )
Canada's leading destinations for maize (corn) oil are US, Chile, Guyana, Colombia and Pakistan.
Import/Export Trends
Canada is a net exporter of maize (corn) oil. The annual growth of Canada maize (corn) oil in value between 2015 to 2019 was 7%, per year, while annual growth in quantity during the same period was 6%, per annum.
Canada procured 10,922 tonnes of maize (corn) oil in 2019.