Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China - 2023
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China (CIF) - 2023
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China (CIF) - 2023
In December 2023, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $862 per ton, picking up by 11% against the previous month. Overall, the import price, however, continues to indicate a mild descent. The pace of growth was the most pronounced in October 2023 when the average import price increased by 18% m-o-m. Over the period under review, average import prices attained the peak figure at $972 per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Ethiopia.
From December 2022 to December 2023, the rate of growth in terms of prices for Pakistan amounted to +3.3% per month.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China (FOB) - 2022
The average export price for oil seeds; castor oil seeds, whether or not brokens stood at $13,333 per ton in 2022, surging by 8.3% against the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 99% against the previous year. As a result, the export price reached the peak level of $13,584 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +81.2% per year.
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China
Imports of oil seeds; castor oil seeds, whether or not brokens into China fell rapidly to 15K tons in 2022, declining by -34.3% on 2021. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of 23K tons, and then contracted rapidly in the following year.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens contracted remarkably to $12M in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $15M, and then dropped markedly in the following year.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 9.0 | 5.8 | 6.9 | 4.9 | -18.3% |
| Myanmar | 0.7 | 0.6 | 2.8 | 4.6 | 87.3% |
| Pakistan | 0.9 | 1.1 | 3.5 | 2.4 | 38.7% |
| India | 3.7 | 2.3 | 1.7 | 0.2 | -62.2% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 14.3 | 9.8 | 15.2 | 12.1 | -5.4% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to China in 2022:
- Myanmar (6.1K tons)
- Ethiopia (4.7K tons)
- Pakistan (3.7K tons)
- India (0.3K tons)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China
In 2022, the amount of oil seeds; castor oil seeds, whether or not brokens exported from China reduced dramatically to 6 kg, which is down by -99.8% on 2021 figures. Over the period under review, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 246% against the previous year. As a result, the exports reached the peak of 3.1 tons, and then dropped significantly in the following year.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens declined markedly to $80 in 2022. In general, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 427%. As a result, the exports attained the peak of $38K, and then contracted dramatically in the following year.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 0.2 | N/A | 0.1 | -29.3% |
| South Korea | N/A | 5.9 | N/A | N/A | 0% |
| Japan | 3.5 | N/A | N/A | N/A | 0% |
| Germany | 2.4 | 1.1 | N/A | N/A | -54.2% |
| Netherlands | 1.5 | N/A | N/A | N/A | 0% |
| Sudan | N/A | N/A | 37.2 | N/A | 0% |
| Australia | 5.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 12.5 | 7.2 | 37.8 | 0.1 | -80.0% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from China in 2022:
- Malaysia (6.0 kg)
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