Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa - 2023
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa (FOB) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa (CIF) - 2022
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa (FOB) - 2022
The average export price for oil seeds; castor oil seeds, whether or not brokens stood at $1,583 per ton in 2022, increasing by 14% against the previous year. In general, the export price, however, showed a deep slump. The growth pace was the most rapid in 2013 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $4,211 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($10,500 per ton), while the average price for exports to Mozambique amounted to $755 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $500 per ton in 2022, which is down by -79.6% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 146% against the previous year. The import price peaked at $2,452 per ton in 2021, and then contracted sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Lesotho amounted to +3,550.4% per year.
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa
Exports of oil seeds; castor oil seeds, whether or not brokens from South Africa fell rapidly to 312 kg in 2022, declining by -95.3% compared with 2021 figures. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 1,911%.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens dropped sharply to $494 in 2022. In general, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 1,761%.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | N/A | 0.2 | 0% |
| Zimbabwe | 14.1 | 0.4 | 7.0 | N/A | -29.5% |
| Lesotho | 0.7 | N/A | 0.5 | N/A | -15.5% |
| United States | N/A | N/A | 1.2 | N/A | 0% |
| Others | 2.3 | N/A | 0.5 | 0.3 | -49.3% |
| Total | 17.2 | 0.5 | 9.3 | 0.5 | -69.3% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from South Africa in 2022:
- Mozambique (306.0 kg)
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa
For the third year in a row, South Africa recorded decline in supplies from abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by -98.6% to 10 kg in 2022. Over the period under review, imports recorded a sharp decline. The smallest decline of -31.6% was in 2021.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens fell markedly to $5 in 2022. Overall, imports recorded a precipitous decline. The smallest decline of -20% was in 2021.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 11.8 | 0.5 | 0.1 | N/A | -90.8% |
| India | 1.1 | 1.5 | 1.6 | N/A | 20.6% |
| Nigeria | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 12.9 | 2.1 | 1.7 | N/A | -63.7% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to South Africa in 2022:
- Nigeria (10.0 kg)
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