What is the price of maize (corn) oil per kilogram/pound in Japan today?
The retail price range for Japan maize (corn) oil is between US$ 8.71 and US$ 15.08 per kilogram or between US$ 3.95 and US$ 6.84 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Japan
The retail price range in Yen for maize (corn) oil is between JPY 1,202.81 and JPY 2,083.08 per kilogram or between JPY 545.49 and JPY 944.71 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan maize (corn) oil is between US$ 6.10 and US$ 10.56 per kilogram or between US$ 2.76 and US$ 4.79 per pound(lb).
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Japan Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Japan has seen a steady decline over the last five years. In 2017, the price was 0.86 US $ per kg, and in 2021 it was 1.35 US $ per kg. The lowest price was in 2019, when it was 0.74 US $ per kg. The price has been increasing since then, with the latest price being 1.70 US $ per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Maize (Corn) Oil from Japan will be around 1.80 US $ per kg in 2023 and 1.90 US $ per kg in 2024.The exports of maize (corn) oil from Japan 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)
Japan Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Japan has seen a steady decline over the last five years. In 2012, the price was 1.16 US dollars per kg, but by 2017, it had dropped to 0.86 US dollars per kg. This downward trend continued in 2018 and 2019, with the price reaching 0.78 and 0.74 US dollars per kg respectively. However, in 2020, the price rose to 0.89 US dollars per kg, before increasing further to 1.35 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Maize (Corn) Oil into Japan was 1.70 US dollars in 2022. Based on this data, it is likely that the import price per kilogram of Maize (Corn) Oil into Japan will remain relatively stable in 2023 and 2024, with prices of around 1.70 US dollars per kg.Export values for Japan maize (corn) oil
The total values in export for maize (corn) oil in Japan were US$ 1,498, US$ 5,138, US$ 1,818 and US$ 3,008 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Japan: 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 Asia: Kazakhstan maize (corn) oil, Kyrgyzstan maize (corn) oil, Tajikistan maize (corn) oil, Turkmenistan maize (corn) oil, Uzbekistan maize (corn) oil, China maize (corn) oil, Hong Kong maize (corn) oil, Macao maize (corn) oil, North Korea maize (corn) oil & Mongolia maize (corn) oil.
Japan maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
The amount of maize (corn) oil sold by Japan in 2020 was 2,928 tonnes. In 2019 Japan sold 4,085 tonnes of maize (corn) oil. For the year 2019 alone, the demand for Japan maize (corn) oil (processed category) has surged, recording a change of 76.23 pc compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports reduced by -31.57% netting the country US$3.01m for the year 2019. Japan's maize (corn) oil exports are categorised as:
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
- Crude maize oil (HS code 151521)
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Japan maize (corn) oil export values
In 2019, Japan supplied maize (corn) oil costing 3.01m USD, an improvement of 65.57% from 2018's total maize (corn) oil export of 1.818m USD. The yearly increase in value of Japan maize (corn) oil between 2017 to 2018 was -64.617 percent.
The yearly change in the amount of Japan's maize (corn) oil exports between 2017 and 2019 was -31.57% compared to a variation of 76.23% in the period between 2018 and 2019.
Export markets for Japan maize (corn) oil ( in '000$ )
Japan's leading destinations for maize (corn) oil are Malaysia, South Korea, Hong Kong, Vietnam and Thailand.
Japan procured 0 tonnes of maize (corn) oil in 2019.