Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK - 2023
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK (CIF) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK (CIF) - 2022
In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $19,895 per ton, increasing by 484% against the previous year. Over the period under review, the import price posted a significant increase. The import price peaked at $21,142 per ton in 2018; however, from 2019 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +76.4% per year.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK (FOB) - 2022
In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $46,594 per ton, jumping by 163% against the previous year. Overall, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +28.3% per year.
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK
For the third year in a row, the UK recorded decline in purchases abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by -95.4% to 467 kg in 2022. Overall, imports saw a precipitous curtailment. The smallest decline of -46.3% was in 2020.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens fell rapidly to $9.3K in 2022. Over the period under review, imports showed a dramatic shrinkage. The smallest decline of -42.3% was in 2021.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.1 | 3.3 | 4.1 | 9.3 | 9.4% |
| India | 125 | 52.9 | 18.4 | N/A | -61.6% |
| Others | 7.0 | 4.2 | 12.4 | N/A | 33.1% |
| Total | 139 | 60.4 | 34.8 | 9.3 | -59.4% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to the UK in 2022:
- United States (467.0 kg)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK
For the third consecutive year, the UK recorded decline in shipments abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by -75.8% to 32 kg in 2022. Overall, exports faced a precipitous slump. The smallest decline of -11.2% was in 2020.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens reduced notably to $1.5K in 2022. In general, exports faced a sharp reduction. The smallest decline of -7.4% was in 2020.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 1.5 | 0% |
| Ireland | 1.4 | 1.8 | 1.5 | N/A | 3.5% |
| Tanzania | N/A | 0.5 | N/A | N/A | 0% |
| Singapore | 1.2 | N/A | N/A | N/A | 0% |
| Bahrain | 0.4 | 0.5 | 0.3 | N/A | -13.4% |
| Others | 0.9 | 0.8 | 0.6 | N/A | -18.4% |
| Total | 3.9 | 3.7 | 2.3 | 1.5 | -27.3% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from the UK in 2022:
- Netherlands (32.0 kg)
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