What is the price of maize (corn) oil per kilogram/pound in Cyprus today?
The retail price range for Cyprus maize (corn) oil is between US$ 1.67 and US$ 4.78 per kilogram or between US$ 0.76 and US$ 2.17 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Cyprus
The retail price range in Euro for maize (corn) oil is between EUR 1.54 and EUR 4.42 per kilogram or between EUR 0.70 and EUR 2.00 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus maize (corn) oil is between US$ 1.17 and US$ 3.35 per kilogram or between US$ 0.53 and US$ 1.52 per pound(lb).
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Cyprus Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Cyprus over the last five years has been relatively stable. In 2017, the price was 1.79 US$ per kg, followed by 1.71 US$ per kg in 2018. In 2019, the price dropped to 1.51 US$ per kg, before increasing to 1.69 US$ per kg in 2020. The highest price was recorded in 2021, at 2.36 US$ per kg, before dropping to 2.67 US$ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Maize (Corn) Oil from Cyprus will be 2.45 US$ per kg in 2023 and 2.54 US$ per kg in 2024.The maize (corn) oil exports from Cyprus 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)
Cyprus Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Cyprus has seen a fluctuating trend over the last five years. In 2017, the price was recorded at $1.79, which was the highest in the period. This was followed by a decrease in 2018 to $1.71. In 2019, the price dropped further to $1.51, the lowest in the period. However, the price rose again in 2020 to $1.69 and further increased to $2.36 in 2021. The latest data shows that the import price per kilogram of Maize (Corn) Oil into Cyprus was $2.67 in 2022. Based on the data, it can be predicted that the import price per kilogram of Maize (Corn) Oil into Cyprus will be around $2.90 in 2023 and $3.15 in 2024.Export values for Cyprus maize (corn) oil
The total values in export for maize (corn) oil in Cyprus were US$ 175, US$ 191, US$ 228 and US$ 125 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cyprus: 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 Middle East: Bahrain maize (corn) oil, Cyprus maize (corn) oil, Iraq maize (corn) oil, Israel maize (corn) oil, Jordan maize (corn) oil, Kuwait maize (corn) oil, Lebanon maize (corn) oil, Palestine maize (corn) oil, Oman maize (corn) oil & Qatar maize (corn) oil.
Cyprus maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
The volume of maize (corn) oil shipped by Cyprus in 2020 was 89 metric tons. In 2019 Cyprus sold 83 tonnes of maize (corn) oil. For the year 2019 alone, the market for Cyprus maize (corn) oil (processed category) has gone down, changing by -37.594 per cent compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports reduced by -22.43 pc bringing Cyprus US$0.12m for the year 2019. Cyprus' maize (corn) oil exports are categorised as:
- Crude maize oil (HS code 151521)
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
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Cyprus maize (corn) oil export values
In 2019, Cyprus exported maize (corn) oil costing 0.12m USD, a contraction of -47.37% from 2018's total maize (corn) oil export of 0.228m USD. The yearly change in value of Cyprus maize (corn) oil between 2017 to 2018 was 19.372 percent.
The annual/yearly variation in the volume of Cyprus' maize (corn) oil exports between 2017 and 2019 was -22.43 percent in comparison to a variation of -37.594% in the period between 2018 and 2019.
Cyprus' stake of the world's total maize (corn) oil's exports in 2019 was less than 1%. The country holds number 52 in world exports of maize (corn) oil.
Export markets for Cyprus maize (corn) oil ( in '000$ )
Cyprus' top export markets for maize (corn) oil are Georgia, Armenia, Bangladesh, United Kingdom (UK) and Malta.
Cyprus imported 409 tonnes of maize (corn) oil in 2019.