Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore - 2023
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore (CIF) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $4,971 per ton in 2022, falling by -55% against the previous year. Over the period under review, the import price showed a abrupt downturn. The growth pace was the most rapid in 2021 an increase of 102% against the previous year. As a result, import price attained the peak level of $11,046 per ton, and then dropped markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,974 per ton), while the price for Malaysia totaled $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore (FOB) - 2022
In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $10,301 per ton, increasing by 24% against the previous year. In general, the export price posted a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($10,360 per ton), while the average price for exports to Malaysia stood at $9,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.6%).
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore
Imports of oil seeds; castor oil seeds, whether or not brokens into Singapore declined remarkably to 1.3 tons in 2022, which is down by -70% compared with 2021. In general, imports faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 35%.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens dropped markedly to $6.2K in 2022. Overall, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 173% against the previous year.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.3 | 0.1 | 1.9 | 6.2 | 68.3% |
| Greece | 21.1 | N/A | N/A | N/A | 0% |
| China | 5.9 | 0.2 | 34.3 | N/A | 141.1% |
| Malaysia | 12.3 | 1.3 | 5.5 | N/A | -33.1% |
| United Kingdom | 6.9 | N/A | N/A | N/A | 0% |
| Indonesia | 7.3 | 0.5 | 4.3 | N/A | -23.3% |
| Ethiopia | N/A | 14.8 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 54.9 | 16.9 | 46.1 | 6.2 | -51.7% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Singapore in 2022:
- India (1250.0 kg)
- Malaysia (1.0 kg)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore
Exports of oil seeds; castor oil seeds, whether or not brokens from Singapore declined to 186 kg in 2022, falling by -11% against 2021. In general, exports saw a drastic downturn. The smallest decline of -9.9% was in 2021.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens expanded markedly to $1.9K in 2022. The total export value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Singapore (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 790 | 1,537 | 37.0 | 1,844 | 32.7% |
| Malaysia | 41.0 | 31.0 | 1.0 | 72.0 | 20.6% |
| Timor-Leste | 216 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 1,690 | N/A | 0% |
| Others | 372 | N/A | 6.0 | N/A | -87.3% |
| Total | 1,419 | 1,568 | 1,734 | 1,916 | 10.5% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Singapore in 2022:
- Indonesia (178.0 kg)
- Malaysia (8.0 kg)
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