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

Contents:

  1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Luxembourg (CIF) - 2022
  2. Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Luxembourg

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

In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $15,059 per ton, falling by -17.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 33%. The import price peaked at $19,608 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +4.2% per year.

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

After three years of growth, purchases abroad of oil seeds; castor oil seeds, whether or not brokens decreased by -84.4% to 17 kg in 2022. Overall, imports showed a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 71%.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens contracted sharply to $256 in 2022. Over the period under review, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A1,286256-80.1%
Austria806N/AN/AN/A0%
BelgiumN/A1,390684N/A-50.8%
OthersN/AN/A15.0N/A0%
Total8061,3901,985256-31.8%

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

  1. Germany (17.0 kg)

Source: IndexBox Market Intelligence Platform

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