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Philippines - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights
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Castor Oil Seed Market Size in the Philippines
The revenue of the castor oil seed market in the Philippines amounted to $X in 2017, waning by -X% against the previous year. In general, castor oil seed consumption continues to indicate a precipitous reduction. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. In that year, the castor oil seed market attained their peak level of $X. From 2012 to 2017, growth of the castor oil seed market failed to regain its momentum.
Castor Oil Seed Production in the Philippines
Castor oil seed production in the Philippines totaled X tons in 2017, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Over the period under review, the castor oil seed production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term. Castor oil seed output in the Philippines indicated a slight expansion, which was largely conditioned by a slight increase of the harvested area and a modest expansion in yield figures.
In 2017, average yield of castor oil seed in the Philippines amounted to X kg per X has, stabilizing at the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2009, with an increase of X% year-to-year. The Philippines castor oil seed yield peaked of X kg per X has in 2010; however, from 2011 to 2017, it failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2017, approx. X ha of castor oil seed were harvested in the Philippines; lowering by -X% against the previous year. Overall, castor oil seed harvested area continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2010, when it surged by -X% against the previous year. The Philippines castor oil seed harvested area peaked of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.
Castor Oil Seed Exports in the Philippines
In 2017, the amount of castor oil seed exported from the Philippines totaled X tons, lowering by -X% against the previous year. In general, castor oil seed exports continue to indicate a drastic drop. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the castor oil seed exports reached its maximum volume of X tons in 2009; however, from 2010 to 2017, it failed to regain its momentum.
In value terms, castor oil seed exports stood at $X in 2017. Overall, castor oil seed exports continue to indicate a drastic downturn. Over the period under review, the castor oil seed exports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.
Castor Oil Seed Exports by Country in the Philippines
India prevails in castor oil seed exports structure, finishing at X tons, which was approx. X% of total exports in 2017. The Netherlands (X tons), France (X tons) and Germany (X tons) occupied the minor share of total exports.
India was also the fastest growing in terms of the castor oil seed exports, with a CAGR of +X% from 2007 to 2017. At the same time, Germany (+X%) and France (+X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) remains the largest castor oil seed supplier from the Philippines, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.
From 2007 to 2017, the average annual growth rate of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (+X% per year).
Castor Oil Seed Export Prices by Country in the Philippines
The castor oil seed export price in the Philippines stood at $X per ton in 2017, jumping by X% against the previous year. In general, castor oil seed export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. The Philippines export price peaked of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.
Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per ton), while India ($X per ton) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.
Castor Oil Seed Imports in the Philippines
In 2017, the amount of castor oil seed imported into the Philippines stood at X tons, jumping by X% against the previous year. In general, the total imports indicated a tangible increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the castor oil seed imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the castor oil seed imports reached its maximum volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.
In value terms, castor oil seed imports amounted to $X in 2017. In general, castor oil seed imports continue to indicate a strong growth. The Philippines imports peaked in 2017, and are expected to retain its growth in the immediate term.
Castor Oil Seed Imports by Country in the Philippines
In 2017, China (X tons) represented the major importer for castor oil seed, constituting X% of total imports. The U.S. (X tons) ranks second in terms of the global imports with a X% share, followed by France (X%), Germany (X%) and the Netherlands (X%). The following importers - Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) together made up X% of total imports.
China was also the fastest growing in terms of the castor oil seed imports, with a CAGR of +X% from 2007 to 2017. At the same time, Thailand (+X%), South Korea (+X%), the U.S. (+X%) and Germany (+X%) displayed positive paces of growth. Italy, the Netherlands and France experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand, the U.S. and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported castor oil seed into the Philippines, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by France, with a X% share.
In China, castor oil seed imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and France (+X% per year).
Castor Oil Seed Import Prices by Country in the Philippines
In 2017, the castor oil seed import price in the Philippines amounted to $X per ton, jumping by X% against the previous year. Overall, the import price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the castor oil seed import price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the import prices for castor oil seed attained its maximum level in 2017, and is expected to retain its growth in the near future.
Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Italy ($X per ton) and Germany ($X per ton), while Thailand ($X per ton) and China ($X per ton) were amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.
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This report provides an in-depth analysis of the castor oil seed market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
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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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