What is the price of maize (corn) oil per kilogram/pound in Germany today?
The retail price range for Germany maize (corn) oil is between US$ 1.79 and US$ 2.23 per kilogram or between US$ 0.81 and US$ 1.01 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Germany
The retail price range in Euro for maize (corn) oil is between EUR 1.66 and EUR 2.06 per kilogram or between EUR 0.75 and EUR 0.93 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany maize (corn) oil is between US$ 1.26 and US$ 1.56 per kilogram or between US$ 0.57 and US$ 0.71 per pound(lb).
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Germany Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Germany has seen a steady decline over the last five years. In 2011, the price was 1.41 US dollars per kg, while in 2017 it had dropped to 0.92 US dollars per kg. The price then rose slightly to 0.85 US dollars per kg in 2018, before dropping again to 0.78 US dollars per kg in 2019. The price then rose to 0.90 US dollars per kg in 2020, before jumping to 2.05 US dollars per kg in 2021 and 2.44 US dollars per kg in 2022. Based on this data, it is likely that the export price per kilogram of Maize (Corn) Oil from Germany will remain around the 2.44 US dollars per kg mark in 2023 and 2024.The exports of maize (corn) oil from Germany 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)
Germany Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Germany over the last five years has been relatively stable. In 2017, the price was $0.92, followed by $0.85 in 2018, $0.78 in 2019, $0.90 in 2020 and $2.05 in 2021. The highest price was recorded in 2022, at $2.44. This is a significant increase from the previous year, indicating a possible upward trend in the price of Maize (Corn) Oil. Based on this data, it is likely that the price of Maize (Corn) Oil will continue to increase in the coming years. We can predict that the price in 2023 will be around $2.60 and in 2024 it will be around $2.75.Export values for Germany maize (corn) oil
The total values in export for maize (corn) oil in Germany were US$ 10,258, US$ 10,048, US$ 9,270 and US$ 8,520 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Germany: 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 Europe: Georgia maize (corn) oil, Albania maize (corn) oil, Belarus maize (corn) oil, Bosnia and Herzegovina maize (corn) oil, Bulgaria maize (corn) oil, Croatia maize (corn) oil, Czech Republic maize (corn) oil, Estonia maize (corn) oil, Greece maize (corn) oil & Hungary maize (corn) oil.
Germany maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
The volume of maize (corn) oil exported by Germany in 2020 was 10,345 metric tons. In 2019 Germany shipped 10,919 tonnes of maize (corn) oil. In 2019 alone, the market for Germany maize (corn) oil (processed category) has improved, changing by 0.26629936 per cent compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports went down by -0.26 percent earning the country US$8.52m for the year 2019. Germany's maize (corn) oil exports are categorised as:
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
- Crude maize oil (HS code 151521)
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Germany maize (corn) oil export values
In 2019, Germany exported maize (corn) oil costing 8.52m USD, a reduction of -8.09% from 2018's total maize (corn) oil export of 9.27m USD. The yearly change in value of Germany maize (corn) oil between 2017 to 2018 was -7.743 per cent.
The yearly variation in the quantity of Germany's maize (corn) oil exports between 2017 and 2019 was -0.26 percent when compared to a variation of 0.26629936% in the growth rate between 2018 and 2019.
Germany's share of the world's total maize (corn) oil's exports in 2019 was less than 1%. Germany is ranked number 11 in world exports of maize (corn) oil.
Export markets for Germany maize (corn) oil ( in '000$ )
Germany's best performing destinations for maize (corn) oil are Belgium, the Netherlands, Italy, Romania and France.
Import/Export Trends
Germany is a net importer of maize (corn) oil. The annual growth of Germany maize (corn) oil in value between 2015 to 2019 was 7%, per year, while annual growth in quantity during the same period was %, per annum.
Germany bought 8,219 tonnes of maize (corn) oil in 2019.