Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium - 2023

Contents:

  1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium (CIF) - 2022
  2. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium (FOB) - 2022
  3. Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium
  4. Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium (CIF) - 2022

The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $7,333 per ton in 2022, waning by -55.4% against the previous year. Overall, the import price, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2015 an increase of 302% against the previous year. The import price peaked at $39,111 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,000 per ton), while the price for the UK amounted to $5,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+66.7%), while the prices for the other major suppliers experienced a decline.

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium (FOB) - 2022

In 2021, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $20,794 per ton, growing by 5.8% against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 94%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +43.1% per year.

Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium

In 2022, overseas purchases of oil seeds; castor oil seeds, whether or not brokens decreased by -87.8% to 6 kg, falling for the second year in a row after two years of growth. In general, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. As a result, imports attained the peak of 81 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens dropped rapidly to $44 in 2022. Overall, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 292% against the previous year. As a result, imports attained the peak of $3.2K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A29.00%
Germany8081,57077915.0-73.5%
CameroonN/AN/A11.0N/A0%
NetherlandsN/A1,598N/AN/A0%
OthersN/AN/A15.0N/A0%
Total8083,16880544.0-62.1%

Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Belgium in 2022:

  1. United Kingdom (5.0 kg)
  2. Germany (1.0 kg)

Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium

In 2021, after two years of growth, there was significant decline in shipments abroad of oil seeds; castor oil seeds, whether or not brokens, when their volume decreased by -54.7% to 34 kg. Overall, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 74% against the previous year. As a result, the exports reached the peak of 75 kg, and then shrank markedly in the following year.

In value terms, exports of oil seeds; castor oil seeds, whether or not brokens dropped dramatically to $707 in 2021. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 79% against the previous year. As a result, the exports reached the peak of $1.5K, and then shrank significantly in the following year.

Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Belgium (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Luxembourg0.81.50.7-6.5%
OthersN/AN/AN/A0%
Total0.81.50.7-6.5%

Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Belgium in 2022:

  1. Luxembourg (34.0 kg)

Source: IndexBox Market Intelligence Platform

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