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

Contents:

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

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

In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $610 per ton, picking up by 5.6% against the previous year. In general, the import price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 10% against the previous year. The import price peaked at $681 per ton in 2015; however, from 2016 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 Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +0.5% per year.

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

In 2022, imports of oil seeds; castor oil seeds, whether or not brokens into Thailand skyrocketed to 98 tons, rising by 22% against the previous year's figure. In general, imports, however, continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 204% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens skyrocketed to $60K in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 when imports increased by 163%. As a result, imports reached the peak of $706K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania263N/A46.760.0-38.9%
IndiaN/A554N/AN/A0%
PakistanN/A152N/AN/A0%
Others5.4N/AN/AN/A0%
Total26870646.760.0-39.3%

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

  1. Tanzania (98.4 tons)

Source: IndexBox Market Intelligence Platform

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