Poland - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCastor Oil Seed Price in Poland - 2023
Contents:
- Castor Oil Seed Price in Poland (CIF) - 2023
- Castor Oil Seed Price in Poland (FOB) - 2022
- Castor Oil Seed Imports in Poland
- Castor Oil Seed Exports in Poland
Castor Oil Seed Price in Poland (CIF) - 2023
The average castor oil seed import price stood at $2,009 per ton in June 2023, with a decrease of -7.6% against the previous month. In general, the import price showed a mild reduction. The most prominent rate of growth was recorded in November 2022 an increase of 4.8% m-o-m. The import price peaked at $2,391 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($2,585 per ton), while the price for the Netherlands ($1,876 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.0%), while the prices for the other major suppliers experienced a decline.
Castor Oil Seed Price in Poland (FOB) - 2022
The average castor oil seed export price stood at $2,834 per ton in 2022, shrinking by -30.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 54%. As a result, the export price reached the peak level of $4,062 per ton, and then reduced sharply in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($5,380 per ton), while the average price for exports to Germany ($2,392 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 Romania (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Castor Oil Seed Imports in Poland
Castor oil seed imports into Poland expanded significantly to 4.6K tons in 2022, growing by 10% on the previous year. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 64%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, castor oil seed imports soared to $10M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 90%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Castor Oil Seed in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | 2.3 | 5.5 | 7.2 | 38.7% |
| Germany | 0.6 | 0.7 | 0.8 | 1.8 | 44.2% |
| Netherlands | 0.5 | 0.6 | 0.8 | 1.0 | 26.0% |
| Belgium | 0.9 | 0.2 | 0.3 | 0.1 | -51.9% |
| Others | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Total | 4.9 | 4.0 | 7.5 | 10.4 | 28.5% |
Top Suppliers of Castor Oil Seed to Poland in 2022:
- India (3274.1 tons)
- Germany (734.9 tons)
- Netherlands (442.2 tons)
- Belgium (51.5 tons)
Castor Oil Seed Exports in Poland
For the fourth year in a row, Poland recorded growth in shipments abroad of castor oil seed, which increased by 210% to 460 tons in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, castor oil seed exports surged to $1.3M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 247%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Castor Oil Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | 2.9 | 31.0 | 737 | 1494.2% |
| Germany | 107 | 99.1 | 267 | 144 | 10.4% |
| Italy | N/A | 0.3 | 27.6 | 111 | 1823.5% |
| Russia | 15.0 | 17.8 | 22.5 | 79.1 | 74.1% |
| Romania | 0.2 | 7.4 | 20.5 | 42.9 | 498.6% |
| Spain | N/A | 0.1 | 8.4 | 28.9 | 1600.0% |
| Czech Republic | N/A | 13.0 | 10.0 | 21.0 | 27.1% |
| Others | 28.5 | 33.1 | 217 | 140 | 70.0% |
| Total | 151 | 174 | 604 | 1,304 | 105.2% |
Top Export Markets for Castor Oil Seed from Poland in 2022:
- Belarus (292.8 tons)
- Germany (60.1 tons)
- Russia (25.2 tons)
- Italy (20.7 tons)
- Romania (13.6 tons)
- Czech Republic (7.7 tons)
- Spain (7.0 tons)
This report provides an in-depth analysis of the castor oil seed market in Poland. 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:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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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