Canada: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Canada

The revenue of the castor oil seed market in Canada amounted to $X in 2017, jumping by X% against the previous year. Overall, castor oil seed consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. In that year, the castor oil seed market reached their peak level of $X. From 2010 to 2017, growth of the castor oil seed market failed to regain its momentum.

Castor Oil Seed Production in Canada

In 2017, the amount of castor oil seed produced in Canada totaled X kg, remaining constant against the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Canada indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

Average yield of castor oil seed in Canada stood at X kg per ha in 2017, remaining relatively unchanged against the previous year. In general, castor oil seed yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, castor oil seed harvested area in Canada amounted to X ha, therefore, remained relatively stable against the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Canada

In 2017, exports of castor oil seed from Canada stood at X tons, coming down by -X% against the previous year. Overall, castor oil seed exports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2016, when it surged by X% against the previous year. Over the period under review, the castor oil seed exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, castor oil seed exports totaled $X in 2017. In general, castor oil seed exports continue to indicate a pronounced expansion. In that year, the castor oil seed exports reached their peak level of $X, and then declined slightly in the following year.

Castor Oil Seed Exports by Country from Canada

India dominates castor oil seed exports structure, amounting to X tons, which was near X% of total exports in 2017. The following exporters - the Netherlands (X tons), France (X tons) and Germany (X tons) together made up X% of total exports.

India was also the fastest growing in terms of the castor oil seed exports, with a CAGR of +X% from 2007 to 2017. At the same time, Germany (+X%) and France (+X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest castor oil seed supplier from Canada, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.

In India, castor oil seed exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (+X% per year).

Castor Oil Seed Export Prices by Country in Canada

The castor oil seed export price in Canada stood at $X per ton in 2017, increasing by X% against the previous year. Overall, the export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the castor oil seed export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009, when the export prices increased by X% against the previous year. Over the period under review, the export prices for castor oil seed attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Castor Oil Seed Imports into Canada

Castor oil seed imports into Canada totaled X tons in 2017, picking up by X% against the previous year. Overall, the total imports indicated a tangible expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the castor oil seed imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. Over the period under review, the castor oil seed imports reached its peak figure volume of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, castor oil seed imports totaled $X in 2017. Overall, the total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Canada imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Imports by Country into Canada

China represented the largest importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by the U.S. (X tons), France (X tons), Germany (X tons) and the Netherlands (X tons), together creating X% share of total imports. Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) took the minor share of total imports.

China was also the fastest growing in terms of the castor oil seed imports, with a CAGR of +X% from 2007 to 2017. At the same time, Thailand (+X%), South Korea (+X%), the U.S. (+X%) and Germany (+X%) displayed positive paces of growth. Italy, the Netherlands and France experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand, the U.S. and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported castor oil seed into Canada, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (+X% per year).

Castor Oil Seed Import Prices by Country in Canada

The castor oil seed import price in Canada stood at $X per ton in 2017, growing by X% against the previous year. Overall, the import price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. In that year, the import prices for castor oil seed attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for castor oil seed failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Italy ($X per ton) and Germany ($X per ton), while Thailand ($X per ton) and China ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform