What is the price of maize (corn) oil per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) maize (corn) oil is between US$ 4.66 and US$ 9.98 per kilogram or between US$ 2.11 and US$ 4.52 per pound(lb). Click here to see today's exact prices of maize (corn) oil in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for maize (corn) oil is between AED 17.10 and AED 36.64 per kilogram or between AED 7.75 and AED 16.62 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) maize (corn) oil is between US$ 3.26 and US$ 6.98 per kilogram or between US$ 1.48 and US$ 3.17 per pound(lb).
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United Arab Emirates (UAE) Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from the United Arab Emirates (UAE) has seen a steady increase over the last five years. In 2017, the price was 1.56 US $ per kg, followed by 1.41 US $ per kg in 2018. In 2019, the price dropped to 1.06 US $ per kg, but then rose again to 1.51 US $ per kg in 2020. The highest price was recorded in 2021, at 2.01 US $ per kg. Based on this data, it is likely that the export price of Maize (Corn) Oil from the UAE will continue to increase in the coming years, with an estimated price of 2.17 US $ per kg in 2023 and 2.33 US $ per kg in 2024.The United Arab Emirates (UAE) 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)
United Arab Emirates (UAE) Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price of Maize (Corn) Oil into the United Arab Emirates (UAE) has seen a steady increase over the last five years. In 2017, the price was 1.56 US$ per kg, which increased to 1.89 US$ per kg in 2016. This was followed by a slight decrease to 1.6 US$ per kg in 2015, before rising again to 1.89 US$ per kg in 2016. The price then dropped to 1.41 US$ per kg in 2018, before increasing to 1.51 US$ per kg in 2020. The most recent data shows that the import price of Maize (Corn) Oil into the UAE was 2.01 US$ per kg in 2021. Based on this trend, it is predicted that the import price of Maize (Corn) Oil into the UAE will be 2.17 US$ per kg in 2023 and 2.33 US$ per kg in 2024.Export values for United Arab Emirates (UAE) maize (corn) oil
The total values in export for maize (corn) oil in United Arab Emirates (UAE) were US$ 74,940, US$ 47,092, US$ 26,154 and US$ 26,544 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Arab Emirates (UAE): 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.
United Arab Emirates (UAE) maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) exported 24,952 tonnes of maize (corn) oil. In 2019 alone, the interest in United Arab Emirates (UAE) maize (corn) oil (processed category) has surged, flactuating by 34.425 percent compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports went down by -17.17 percent netting the country US$26.54m for the year 2019. United Arab Emirates (UAE)'s maize (corn) oil exports are classified as:
- Crude maize oil (HS code 151521)
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
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United Arab Emirates (UAE) maize (corn) oil export values
In 2019, United Arab Emirates (UAE) supplied maize (corn) oil valued at 26.54m USD, a growth of 1.48% from 2018's total maize (corn) oil export of 26.154m USD. The annual change in value of United Arab Emirates (UAE) maize (corn) oil between 2017 to 2018 was -44.462 pc.
The annual/yearly variation in the amount of United Arab Emirates (UAE)'s maize (corn) oil exports between 2017 and 2019 was -17.17 per cent when compared to a variation of 34.425% in the growth rate between 2018 and 2019.
United Arab Emirates (UAE)'s portion of the world's total maize (corn) oil's exports in 2019 was less than 1%. United Arab Emirates (UAE) holds number 21 in world exports of maize (corn) oil.
Export markets for United Arab Emirates (UAE) maize (corn) oil ( in '000$ )
United Arab Emirates (UAE)'s top destinations for maize (corn) oil are Somalia, Saudi Arabia, Kuwait, Yemen and Iran.
Import/Export Trends
United Arab Emirates (UAE) is a net importer of maize (corn) oil. The annual growth of United Arab Emirates (UAE) maize (corn) oil in value between 2015 to 2019 was 12%, per year, while annual growth in quantity during the same period was -3%, per annum.
United Arab Emirates (UAE) procured 24,521 tonnes of maize (corn) oil in 2019.