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

Contents:

  1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Myanmar (FOB) - 2022
  2. Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Myanmar

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

The average export price for oil seeds; castor oil seeds, whether or not brokens stood at $669 per ton in 2022, declining by -22.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. The export price peaked at $859 per ton in 2021, and then contracted significantly in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for China amounted to -0.2% per year.

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

In 2022, approx. 6.2K tons of oil seeds; castor oil seeds, whether or not brokens were exported from Myanmar; which is down by -14.6% against the previous year's figure. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,235%. As a result, the exports reached the peak of 7.3K tons, and then dropped in the following year.

In value terms, exports of oil seeds; castor oil seeds, whether or not brokens contracted markedly to $4.2M in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,540% against the previous year. As a result, the exports attained the peak of $6.3M, and then contracted markedly in the following year.

Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.60.46.14.291.3%
OthersN/AN/A0.1N/A0%
Total0.60.46.34.291.3%

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

  1. China (6.2K tons)

Source: IndexBox Market Intelligence Platform

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