Castor Oil Seed Price in Croatia - 2023
Contents:
- Castor Oil Seed Price in Croatia (CIF) - 2022
- Castor Oil Seed Price in Croatia (FOB) - 2022
- Castor Oil Seed Imports in Croatia
- Castor Oil Seed Exports in Croatia
Castor Oil Seed Price in Croatia (CIF) - 2022
In 2022, the average castor oil seed import price amounted to $6,054 per ton, which is down by -2.2% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 97% against the previous year. The import price peaked at $6,191 per ton in 2021, and then fell modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,892 per ton), while the price for Belgium ($2,816 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Castor Oil Seed Price in Croatia (FOB) - 2022
The average castor oil seed export price stood at $4,559 per ton in 2022, surging by 24% against the previous year. Over the period under review, the export price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 329%. As a result, the export price attained the peak level of $18,566 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($38,250 per ton), while the average price for exports to Slovenia ($4,511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+16.6%), while the prices for the other major destinations experienced a decline.
Castor Oil Seed Imports in Croatia
In 2022, the amount of castor oil seed imported into Croatia skyrocketed to 173 tons, growing by 17% on 2021. The total import volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, castor oil seed imports rose significantly to $1M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Castor Oil Seed in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 293 | 809 | 634 | 809 | 40.3% |
| Slovenia | 147 | 123 | 208 | 185 | 8.0% |
| Belgium | N/A | 0.9 | 0.9 | 28.2 | 459.8% |
| Spain | N/A | N/A | N/A | 10.6 | 0% |
| Germany | 39.9 | 20.7 | 29.8 | 3.7 | -54.7% |
| Others | 41.6 | 28.8 | 39.7 | 12.1 | -33.7% |
| Total | 521 | 982 | 912 | 1,048 | 26.2% |
Top Suppliers of Castor Oil Seed to Croatia in 2022:
- Italy (94.8 tons)
- Slovenia (62.3 tons)
- Belgium (10.0 tons)
- Spain (3.7 tons)
- Germany (0.4 tons)
Castor Oil Seed Exports in Croatia
In 2022, overseas shipments of castor oil seed decreased by -24.3% to 5.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year.
In value terms, castor oil seed exports shrank to $23K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 661% against the previous year. As a result, the exports reached the peak of $87K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Castor Oil Seed in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | 0.2 | 13.2 | 18.0 | 848.7% |
| Bosnia and Herzegovina | 11.3 | 12.9 | 10.3 | 5.0 | -23.8% |
| Italy | N/A | 74.0 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 1.2 | 0.2 | 26.0% |
| Total | 11.5 | 87.3 | 24.7 | 23.3 | 26.5% |
Top Export Markets for Castor Oil Seed from Croatia in 2022:
- Slovenia (4.0 tons)
- Bosnia and Herzegovina (1.1 tons)
334
This report provides an in-depth analysis of the linseed oil market in Croatia.
486
This report provides an in-depth analysis of the maize oil market in Croatia.
418
This report provides an in-depth analysis of the sesame oil market in Croatia.
340
This report provides an in-depth analysis of the crude maize oil market in Croatia.
316
This report provides an in-depth analysis of the refined maize oil market in Croatia.
2145
Global Castor Oil Seed Market Report 2019. This report provides an in-depth analysis of the global castor oil seed market.
4028
This report provides an in-depth analysis of the global linseed oil market.
1361
This report provides an in-depth analysis of the global maize oil market.
1971
This report provides an in-depth analysis of the global sesame oil market.
1038
This report provides an in-depth analysis of the global crude maize oil market.
3865
Global castor oil seed consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
9876
In 2015, the country with the largest volume of the castor oil seed output was India (X thousand tons), accounting for X% of global production.
1628
Despite a rocky 2014, Paraguay continued its dominance in the global castor oil seed trade. In 2014, Paraguay exported X tons of castor oil seed totaling X thousand USD, X% under the previous year. Its only trading partner was Brazil, where
2219
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
3384
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1831
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to
1517
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1448
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
1730
The maize oil market reached X million USD, rising with an annual increase of X%.
1412
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize
