Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Colombia - 2022
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Colombia (CIF) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Colombia
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Colombia (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $3,981 per ton in 2022, shrinking by -21.9% against the previous year. In general, the import price faced a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of 72% against the previous year. The import price peaked at $28,900 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($3,982 per ton), while the price for Israel totaled $3,980 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-18.0%).
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Colombia
In 2022, imports of oil seeds; castor oil seeds, whether or not brokens into Colombia expanded sharply to 5.7 tons, increasing by 8.5% compared with the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens declined rapidly to $23K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 89% against the previous year.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 6.3 | 9.5 | 13.8 | 17.5 | 40.6% |
| Israel | 2.7 | 7.5 | 10.5 | 5.4 | 26.0% |
| Others | N/A | N/A | 2.8 | N/A | 0% |
| Total | 9.0 | 17.0 | 27.0 | 22.9 | 36.5% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Colombia in 2022:
- Peru (4.4 tons)
- Israel (1.3 tons)
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