Netherlands - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Netherlands - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights

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Castor Oil Seed Price in the Netherlands - 2023

Contents:

  1. Castor Oil Seed Price in the Netherlands (CIF) - 2023
  2. Castor Oil Seed Price in the Netherlands (FOB) - 2023
  3. Castor Oil Seed Imports in the Netherlands
  4. Castor Oil Seed Exports in the Netherlands

Castor Oil Seed Price in the Netherlands (CIF) - 2023

In June 2023, the average castor oil seed import price amounted to $1,803 per ton, reducing by -3.3% against the previous month. Over the period under review, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in July 2022 an increase of 2.8% month-to-month. As a result, import price attained the peak level of $2,180 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($2,094 per ton), while the price for India ($1,769 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 Belgium (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Castor Oil Seed Price in the Netherlands (FOB) - 2023

In June 2023, the average castor oil seed export price amounted to $2,022 per ton, leveling off at the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 4.8% month-to-month. As a result, the export price attained the peak level of $2,271 per ton. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In June 2023, the highest price was recorded for prices to Sweden ($2,493 per ton) and Belgium ($2,292 per ton), while the average price for exports to Poland ($1,851 per ton) and the Czech Republic ($1,890 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Castor Oil Seed Imports in the Netherlands

In 2022, after three years of growth, there was significant decline in supplies from abroad of castor oil seed, when their volume decreased by -47.8% to 30K tons. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 43%.

In value terms, castor oil seed imports shrank sharply to $61M in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of $91M, and then contracted notably in the following year.

Import of Castor Oil Seed in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India50.456.178.250.0-0.3%
Germany6.18.811.28.09.5%
France1.22.01.12.018.6%
Others0.20.60.70.858.7%
Total57.967.491.160.71.6%

Top Suppliers of Castor Oil Seed to the Netherlands in 2022:

  1. India (24.2K tons)
  2. Germany (4.1K tons)
  3. France (1.1K tons)

Castor Oil Seed Exports in the Netherlands

After three years of growth, shipments abroad of castor oil seed decreased by -55.5% to 21K tons in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year.

In value terms, castor oil seed exports declined notably to $43M in 2022. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 34%.

Export of Castor Oil Seed in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.640.959.734.4-0.2%
Belgium1.12.6N/A3.547.1%
France2.63.33.82.2-5.4%
Italy0.40.6N/A1.348.1%
United Kingdom0.73.43.00.4-17.0%
Sweden3.44.76.3N/A36.1%
Poland2.94.1N/AN/A41.4%
Others1.33.54.21.30.0%
Total47.063.177.143.1-2.8%

Top Export Markets for Castor Oil Seed from the Netherlands in 2022:

  1. Germany (16.7K tons)
  2. Belgium (1.5K tons)
  3. France (1.0K tons)
  4. Italy (0.6K tons)
  5. United Kingdom (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the castor oil seed market in the Netherlands. 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:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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