Germany: Castor Oil Seed Market Overview 2020

Castor Oil Seed Market Size in Germany

The revenue of the castor oil seed market in Germany amounted to $X in 2017, going up by X% against the previous year. In general, castor oil seed consumption continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. Over the period under review, the castor oil seed market reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in Germany

Castor oil seed production in Germany amounted to X kg in 2017, approximately equating the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Germany 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 Germany totaled X kg per ha, approximately mirroring the previous year. Overall, 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, the total area harvested in terms of castor oil seed production in Germany amounted to X ha, standing approx. at the previous year. In general, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Germany

In 2017, approx. X tonnes of castor oil seed were exported from Germany; surging by X% against the previous year. Overall, castor oil seed exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016, when it surged by X% against the previous year. Germany exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, castor oil seed exports amounted to $X in 2017. Overall, castor oil seed exports continue to indicate a remarkable increase. 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 stood at a somewhat lower level.

Castor Oil Seed Exports by Country from Germany

India dominates castor oil seed exports structure, amounting to X tonnes, which was near X% of total exports in 2017. The Netherlands (X tonnes), France (X tonnes) and Germany (X tonnes) followed a long way behind the leaders.

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. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in India totaled +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 Germany

In 2017, the castor oil seed export price in Germany amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price indicated a modest expansion 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 was the most pronounced in 2011, when it surged by X% y-o-y. 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 stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in France ($X per tonne) and the Netherlands ($X per tonne), while India ($X per tonne) and the Netherlands ($X per tonne) were 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 Germany

In 2017, the amount of castor oil seed imported into Germany totaled X tonnes, coming up by X% against the previous year. In general, the total imports indicated a slight growth 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. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Germany imports peaked of X tonnes in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, castor oil seed imports amounted to $X in 2017. In general, the total imports indicated a strong expansion 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. Over the period under review, the castor oil seed imports reached its maximum level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Castor Oil Seed Imports by Country into Germany

In 2017, China (X tonnes) was the largest importer for castor oil seed, achieving 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. The following importers - Thailand (X tonnes), Japan (X tonnes), Italy (X tonnes) and South Korea (X tonnes) together made up X% 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. Thailand (-X%), the U.S. (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, castor oil seed imports expanded at an average annual rate of +X% over the period from 2007-2017. 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 Germany

The castor oil seed import price in Germany stood at $X per tonne in 2017, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. In that year, the import prices for castor oil seed reached their peak level, and is likely to continue its growth in the immediate term.

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