Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan - 2022
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan (CIF) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan (CIF) - 2022
In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $1,169 per ton, falling by -90.2% against the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 214%. As a result, import price attained the peak level of $11,958 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($13,446 per ton), while the price for Nigeria ($1,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-10.7%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan (FOB) - 2022
In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $2,533 per ton, jumping by 136% against the previous year. Overall, the export price, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2015 an increase of 479% against the previous year. As a result, the export price reached the peak level of $59,164 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($2,856 per ton), while the average price for exports to Malaysia totaled $2,467 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan
In 2022, imports of oil seeds; castor oil seeds, whether or not brokens into Japan soared to 320 tons, with an increase of 1,720% on 2021. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,156% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens soared to $375K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,234% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | 39.5 | N/A | 365 | 204.0% |
| China | 1.1 | 3.6 | 172 | 5.8 | 74.1% |
| India | 2.3 | 3.3 | 38.4 | 4.0 | 20.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.5 | 46.4 | 210 | 375 | 375.0% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Japan in 2022:
- Nigeria (318.2 tons)
- India (1.7 tons)
- China (0.4 tons)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan
Exports of oil seeds; castor oil seeds, whether or not brokens from Japan dropped to 4.3 tons in 2022, with a decrease of -8.7% against the year before. Overall, exports continue to indicate a precipitous decrease.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens skyrocketed to $11K in 2022. Over the period under review, exports saw a precipitous descent.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 18.8 | 13.6 | 1.6 | 8.8 | -22.4% |
| Norway | 5.8 | 2.6 | 1.8 | 2.1 | -28.7% |
| Philippines | 2.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 1.6 | N/A | 1500.0% |
| Total | 27.5 | 16.3 | 5.0 | 10.9 | -26.5% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Japan in 2022:
- Malaysia (3.6 tons)
- Norway (0.7 tons)
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