Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates - 2022
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates (CIF) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $1,949 per ton in 2022, picking up by 133% against the previous year. Overall, the import price, however, showed a noticeable contraction. The import price peaked at $2,739 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Ethiopia amounted to +6.7% per year.
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $1,505 per ton, growing by 185% against the previous year. Overall, the export price, however, recorded a drastic downturn. The export price peaked at $2,599 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($3,801 per ton), while the average price for exports to Oman ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-0.6%).
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates
In 2022, the amount of oil seeds; castor oil seeds, whether or not brokens imported into the United Arab Emirates declined markedly to 616 tons, which is down by -28.8% against the previous year. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 991%. As a result, imports attained the peak of 865 tons, and then dropped rapidly in the following year.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens skyrocketed to $1.2M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 791%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 156 | 61.9 | 273 | 1,200 | 97.4% |
| Ethiopia | 108 | 18.3 | 412 | N/A | 95.3% |
| Others | 1.0 | 1.2 | 40.4 | N/A | 535.6% |
| Total | 265 | 81.3 | 725 | 1,200 | 65.4% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to the United Arab Emirates in 2022:
- India (615.7 tons)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates
Exports of oil seeds; castor oil seeds, whether or not brokens from the United Arab Emirates soared to 35 tons in 2022, with an increase of 11,806% against the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens soared to $53K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | N/A | N/A | N/A | 37.9 | 0% |
| Iraq | 0.1 | N/A | N/A | 13.5 | 413.0% |
| Oman | N/A | N/A | N/A | 1.5 | 0% |
| Others | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Total | 0.2 | 0.2 | 0.2 | 53.2 | 543.1% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from the United Arab Emirates in 2022:
- Kenya (28.0 tons)
- Oman (3.8 tons)
- Iraq (3.5 tons)
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