What is the price of maize (corn) oil per kilogram/pound in Oman today?
The retail price range for Oman maize (corn) oil is between US$ 3.26 and US$ 4.07 per kilogram or between US$ 1.48 and US$ 1.85 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Oman
The retail price range in Rial Omani for maize (corn) oil is between OMR 1.25 and OMR 1.57 per kilogram or between OMR 0.57 and OMR 0.71 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman maize (corn) oil is between US$ 2.28 and US$ 2.85 per kilogram or between US$ 1.03 and US$ 1.29 per pound(lb).
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Oman Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Oman has seen a steady decline over the past five years. In 2012, the price was 2.88 US dollars per kg, while in 2021 it was 2.18 US dollars per kg. The lowest price was recorded in 2015, when it was 1.57 US dollars per kg. Since then, the price has remained relatively stable, fluctuating between 1.52 and 1.56 US dollars per kg. Based on this data, it is likely that the export price of Maize (Corn) Oil from Oman will remain relatively stable in the next two years, with a predicted price of 1.54 US dollars per kg in 2023 and 1.55 US dollars per kg in 2024.The Oman 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)
Oman Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Oman has seen a steady decline over the past five years. In 2012, the price was 2.88 US dollars per kg, but by 2021, it had dropped to 1.53 US dollars per kg. This represents a decrease of 46.6%. The lowest price was recorded in 2015, when the import price was 1.57 US dollars per kg. Since then, the price has remained relatively stable, fluctuating between 1.52 and 1.56 US dollars per kg. Based on this data, it is likely that the import price of Maize (Corn) Oil into Oman will remain around 1.53 US dollars per kg in 2023 and 2024.Export values for Oman maize (corn) oil
The total values in export for maize (corn) oil in Oman were US$ 37,720, US$ 25,743, US$ 25,267 and US$ 7,913 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Oman: 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.
Oman maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman sold 5,073 tonnes of maize (corn) oil. For the year 2019 alone, the demand for Oman maize (corn) oil (processed category) has shrunk, changing by -68.658 % compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports went down by -70.07 percent earning the exporter US$7.91m for the year 2019. Oman's maize (corn) oil exports are classified as:
- Crude maize oil (HS code 151521)
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
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Oman maize (corn) oil export values
In 2019, Oman shipped maize (corn) oil with a value of 7.91m USD, a reduction of -68.69% from 2018's total maize (corn) oil export of 25.267m USD. The yearly reduction in value of Oman maize (corn) oil between 2017 to 2018 was -1.849 percent.
The per year change in the volume of Oman's maize (corn) oil exports between 2017 and 2019 was -70.07 per cent in comparison to a variation of -68.658% in the period between 2018 and 2019.
Export markets for Oman maize (corn) oil ( in '000$ )
Oman's best performing export markets for maize (corn) oil are Syria, Egypt, Saudi Arabia, Qatar and Lebanon.
Oman brought in 14,346 tonnes of maize (corn) oil in 2019.