Peru - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCastor Oil Seed Price in Peru - 2021
Contents:
- Castor Oil Seed Price in Peru (CIF) - 2022
- Castor Oil Seed Price in Peru (FOB) - 2022
- Castor Oil Seed Imports in Peru
- Castor Oil Seed Exports in Peru
Castor Oil Seed Price in Peru (CIF) - 2022
The average castor oil seed import price stood at $1,972 per ton in 2022, declining by -7.9% against the previous year. In general, the import price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 28% against the previous year. The import price peaked at $3,263 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.2% per year.
Castor Oil Seed Price in Peru (FOB) - 2022
The average castor oil seed export price stood at $3,709 per ton in 2022, increasing by 2.3% against the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 27%. As a result, the export price attained the peak level of $6,035 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bolivia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +3.5% per year.
Castor Oil Seed Imports in Peru
In 2022, castor oil seed imports into Peru shrank notably to 88 tons, waning by -21.5% on 2021. Overall, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% 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 +37.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of 113 tons, and then contracted rapidly in the following year.
In value terms, castor oil seed imports declined markedly to $174K in 2022. Over the period under review, imports, however, showed a slight increase. The most prominent rate of growth was recorded in 2021 when imports increased by 124%. As a result, imports attained the peak of $241K, and then fell remarkably in the following year.
| Import of Castor Oil Seed in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 163 | 105 | 236 | 173 | 2.0% |
| Others | 4.2 | 2.6 | 5.1 | 1.5 | -29.1% |
| Total | 167 | 108 | 241 | 174 | 1.4% |
Top Suppliers of Castor Oil Seed to Peru in 2022:
- India (88.3 tons)
Castor Oil Seed Exports in Peru
Castor oil seed exports from Peru fell notably to 1 tons in 2022, declining by -37.1% on the previous year. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 288% against the previous year. As a result, the exports attained the peak of 1.6 tons, and then contracted remarkably in the following year.
In value terms, castor oil seed exports fell dramatically to $3.8K in 2022. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 249%. As a result, the exports reached the peak of $5.8K, and then shrank significantly in the following year.
| Export of Castor Oil Seed in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 0.6 | 1.6 | 1.3 | 3.8 | 85.0% |
| Colombia | 1.7 | N/A | 4.5 | N/A | 62.7% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 2.4 | 1.7 | 5.8 | 3.8 | 16.6% |
Top Export Markets for Castor Oil Seed from Peru in 2022:
- Bolivia (1.0 tons)
This report provides an in-depth analysis of the castor oil seed market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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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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.
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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
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