Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil - 2024

Contents:

  1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil (FOB) - 2022
  2. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil (CIF) - 2022
  3. Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil
  4. Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil (FOB) - 2022

In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $14,535 per ton, falling by -13.7% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of 1,583%. The export price peaked at $16,848 per ton in 2021, and then declined in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($15,000 per ton), while the average price for exports to Democratic Republic of the Congo ($14,500 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.2%).

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil (CIF) - 2022

In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $644 per ton, surging by 15% against the previous year. In general, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2018 an increase of 23%. Over the period under review, average import prices hit record highs at $842 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +3.0% per year.

Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil

For the fourth consecutive year, Brazil recorded growth in overseas shipments of oil seeds; castor oil seeds, whether or not brokens, which increased by 4,710% to 84 tons in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oil seeds; castor oil seeds, whether or not brokens soared to $1.2M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A7250%
CongoN/AN/A12.54523516.0%
ZambiaN/AN/AN/A26.40%
OthersN/A1.116.913.4249.0%
TotalN/A1.129.31,2173226.2%

Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Brazil in 2022:

  1. Democratic Republic of the Congo (50.0 tons)
  2. Congo (31.1 tons)
  3. Zambia (1.8 tons)

Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil

In 2022, the amount of oil seeds; castor oil seeds, whether or not brokens imported into Brazil reduced notably to 780 tons, dropping by -18.8% on 2021 figures. Over the period under review, imports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens contracted to $502K in 2022. Overall, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay884436537502-17.2%
Argentina65.4N/AN/AN/A0%
Israel11220.11.0N/A-90.6%
OthersN/AN/AN/AN/A0%
Total1,061456538502-22.1%

Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Brazil in 2022:

  1. Paraguay (780.0 tons)

Source: IndexBox Market Intelligence Platform

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