Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka - 2022
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka (CIF) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $1,318 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2015 when the average import price increased by 45%. Over the period under review, average import prices reached the maximum at $2,826 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -2.0% per year.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka (FOB) - 2022
In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $10,071 per ton, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 75% against the previous year. The export price peaked at $10,102 per ton in 2021, and then dropped slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +11.8% per year.
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka
After three years of growth, purchases abroad of oil seeds; castor oil seeds, whether or not brokens decreased by -80.4% to 1 tons in 2022. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. As a result, imports attained the peak of 5.1 tons, and then dropped remarkably in the following year.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens dropped rapidly to $1.3K in 2022. Overall, imports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 133% against the previous year. As a result, imports attained the peak of $6K, and then reduced dramatically in the following year.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.1 | 1.9 | 5.6 | 1.3 | -14.8% |
| Pakistan | 0.6 | 0.7 | 0.3 | N/A | -29.3% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 2.7 | 2.6 | 6.0 | 1.3 | -21.6% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Sri Lanka in 2022:
- India (1.0 tons)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in shipments abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by -19.7% to 126 kg in 2022. Overall, exports showed a precipitous curtailment.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens fell notably to $1.3K in 2022. Over the period under review, exports recorded a sharp downturn.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 5.0 | 3.1 | 1.6 | 1.3 | -36.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 3.1 | 1.6 | 1.3 | -36.2% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Sri Lanka in 2022:
- Maldives (126.0 kg)
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