Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia - 2024
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia (FOB) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia (CIF) - 2022
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia (FOB) - 2022
The average export price for oil seeds; castor oil seeds, whether or not brokens stood at $1,457 per ton in 2022, surging by 23% against the previous year. Overall, the export price saw modest growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices attained the maximum at $3,862 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($5,133 per ton), while the average price for exports to Singapore totaled $1,334 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $5,346 per ton in 2022, increasing by 215% against the previous year. Overall, the import price saw a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,952 per ton), while the price for Singapore ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia
In 2022, shipments abroad of oil seeds; castor oil seeds, whether or not brokens decreased by -23.2% to 6.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 134% against the previous year. As a result, the exports reached the peak of 9 tons, and then dropped dramatically in the following year.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens contracted to $10K in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 49%. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.8 | 14.2 | 4.2 | 8.9 | 4.5% |
| Indonesia | 2.1 | 0.7 | 0.5 | 1.2 | -17.0% |
| United Arab Emirates | N/A | N/A | 6.0 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 10.0 | 14.9 | 10.7 | 10.1 | 0.3% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Malaysia in 2022:
- Singapore (6.7 tons)
- Indonesia (0.2 tons)
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia
Imports of oil seeds; castor oil seeds, whether or not brokens into Malaysia reduced dramatically to 26 kg in 2022, which is down by -70.8% on 2021 figures. In general, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 107%.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens dropped to $139 in 2022. Overall, imports recorded a precipitous decrease.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Malaysia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 230 | 137 | 67.0 | 125 | -18.4% |
| Indonesia | 44.0 | 14.0 | 33.0 | 11.0 | -37.0% |
| Singapore | 3.0 | 1.0 | 1.0 | 1.0 | -30.7% |
| India | 34.0 | 13.0 | 47.0 | 1.0 | -69.1% |
| China | 10.0 | 2.0 | 3.0 | 1.0 | -53.6% |
| Peru | 435 | N/A | N/A | N/A | 0% |
| Australia | 92.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 848 | 167 | 151 | 139 | -45.3% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Malaysia in 2022:
- Japan (21.0 kg)
- Indonesia (2.0 kg)
- India (1.0 kg)
- China (1.0 kg)
- Singapore (1.0 kg)
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