Chile: Castor Oil Seed Market Overview 2020

Castor Oil Seed Market Size in Chile

The revenue of the castor oil seed market in Chile amounted to $X in 2017, growing by X% against the previous year. Overall, castor oil seed consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. In that year, the castor oil seed market attained their peak level, and is likely to continue its growth in the immediate term.

Castor Oil Seed Production in Chile

In 2017, the amount of castor oil seed produced in Chile stood at X kg, approximately mirroring the previous year. In general, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Chile 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.

In 2017, average castor oil seed yield in Chile totaled X kg per ha, approximately mirroring 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, approx. X ha of castor oil seed were harvested in Chile; stabilizing at the previous year. In general, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Chile

In 2017, approx. X kg of castor oil seed were exported from Chile; declining by -X% against the previous year. Overall, castor oil seed exports continue to indicate a drastic deduction. The growth pace was the most rapid in 2010, when exports increased by X% y-o-y. In that year, the castor oil seed exports reached their peak volume of X kg. From 2011 to 2017, growth of the castor oil seed exports 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 deep slump. Over the period under review, the castor oil seed exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Castor Oil Seed Exports by Country from Chile

India dominates castor oil seed exports structure, resulting at X tonnes, which was near X% of total exports in 2017. The following exporters - the Netherlands (X tonnes), France (X tonnes) and Germany (X tonnes) 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. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in India amounted to +X%. 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 Chile

The castor oil seed export price in Chile stood at $X per tonne in 2017, falling by -X% against the previous year. In general, castor oil seed export price continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. In that year, the export prices for castor oil seed reached their peak level of $X per tonne. From 2012 to 2017, growth of the export prices for castor oil seed failed to regain its momentum.

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

Castor oil seed imports into Chile amounted to X tonnes in 2017, coming up by X% against the previous year. Overall, castor oil seed imports continue to indicate a mild growth. The most prominent rate of growth was recorded in 2012, when imports increased by X% year-to-year. Chile imports peaked of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, castor oil seed imports stood at $X in 2017. Overall, castor oil seed imports continue to indicate a strong increase. In that year, the castor oil seed imports reached their peak level, and are likely to continue its growth in the immediate term.

Castor Oil Seed Imports by Country into Chile

China represented the largest importing country with an import of about X tonnes, which reached X% of total imports. The U.S. (X tonnes) occupied the second position in the ranking, followed by France (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes). All these countries together held approx. X% share of total imports. Thailand (X tonnes), Japan (X tonnes), Italy (X tonnes) and South Korea (X tonnes) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported castor oil seed into Chile, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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 stood at +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 Chile

The castor oil seed import price in Chile stood at $X per tonne in 2017, coming up by X% against the previous year. Overall, the import price indicated a remarkable 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 import price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. Over the period under review, the import prices for castor oil seed attained its maximum level in 2017, and is likely to see steady growth in the near future.

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