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Belgium - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCastor Oil Seed Price in Belgium - 2023
Contents:
- Castor Oil Seed Price in Belgium (CIF) - 2022
- Castor Oil Seed Price in Belgium (FOB) - 2023
- Castor Oil Seed Imports in Belgium
- Castor Oil Seed Exports in Belgium
Castor Oil Seed Price in Belgium (CIF) - 2022
The average castor oil seed import price stood at $2,278 per ton in 2022, with an increase of 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($2,470 per ton) and the Netherlands ($2,410 per ton), while the price for France ($2,096 per ton) and India ($2,180 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Castor Oil Seed Price in Belgium (FOB) - 2023
The average castor oil seed export price stood at $2,046 per ton in June 2023, with a decrease of -16.2% against the previous month. Overall, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in September 2022 an increase of 95% month-to-month. As a result, the export price attained the peak level of $5,519 per ton. From October 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the UK ($3,160 per ton), while the average price for exports to Germany ($1,813 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Castor Oil Seed Imports in Belgium
In 2022, imports of castor oil seed into Belgium declined notably to 4.5K tons, waning by -21% on the previous year. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, castor oil seed imports rose to $10M in 2022. Over the period under review, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year.
Import of Castor Oil Seed in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.4 | 0.2 | 0.8 | 5.0 | 132.1% |
Netherlands | 1.6 | 2.3 | 3.0 | 2.5 | 16.0% |
Germany | 0.5 | 0.5 | 0.7 | 1.5 | 44.2% |
India | 8.9 | 3.7 | 5.0 | 0.8 | -55.2% |
Others | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
Total | 11.6 | 6.8 | 9.7 | 10.2 | -4.2% |
Top Suppliers of Castor Oil Seed to Belgium in 2022:
- France (2397.6 tons)
- Netherlands (1031.4 tons)
- Germany (597.8 tons)
- India (369.1 tons)
Castor Oil Seed Exports in Belgium
In 2022, castor oil seed exports from Belgium reduced sharply to 1.2K tons, which is down by -20.2% against 2021. Overall, exports saw a abrupt setback. The smallest decline of -11% was in 2021.
In value terms, castor oil seed exports amounted to $3.1M in 2022. In general, exports saw a abrupt curtailment.
Export of Castor Oil Seed in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 527 | 333 | 327 | 633 | 6.3% |
Poland | 1,047 | 453 | 439 | 451 | -24.5% |
Netherlands | 294 | 300 | 252 | 379 | 8.8% |
France | 561 | 230 | 316 | 319 | -17.2% |
Germany | 1,010 | 532 | 715 | 184 | -43.3% |
Spain | 93.0 | 156 | 41.1 | 158 | 19.3% |
Greece | 24.6 | 23.3 | 30.9 | 148 | 81.9% |
Serbia | 4.0 | 18.3 | 21.6 | 124 | 214.1% |
Czech Republic | 58.8 | 99.8 | 133 | 110 | 23.2% |
United Kingdom | 89.5 | 350 | 213 | 103 | 4.8% |
Finland | 68.5 | 53.2 | 62.6 | 77.0 | 4.0% |
Romania | 38.6 | 32.6 | 151 | 75.0 | 24.8% |
Others | 551 | 537 | 402 | 380 | -11.6% |
Total | 4,366 | 3,118 | 3,103 | 3,139 | -10.4% |
Top Export Markets for Castor Oil Seed from Belgium in 2022:
- Slovenia (224.3 tons)
- Poland (185.2 tons)
- France (163.5 tons)
- Netherlands (139.2 tons)
- Greece (65.5 tons)
- Germany (63.6 tons)
- Spain (62.1 tons)
- Serbia (54.5 tons)
- Czech Republic (44.8 tons)
- Finland (34.3 tons)
- United Kingdom (34.2 tons)
- Romania (27.8 tons)
This report provides an in-depth analysis of the castor oil seed market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 266 -
- JSIC 0981 -
- JSIC 0982 -
- JSIC 1063 -
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global castor oil seed consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
In 2015, the country with the largest volume of the castor oil seed output was India (X thousand tons), accounting for X% of global production.
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In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
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In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
The maize oil market reached X million USD, rising with an annual increase of X%.
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize