Greece: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Greece

The revenue of the castor oil seed market in Greece amounted to $X in 2017, jumping by X% against the previous year. Overall, castor oil seed consumption continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2013, when market value increased by X% against the previous year. Greece castor oil seed consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Castor Oil Seed Production in Greece

Castor oil seed production in Greece stood at X kg in 2017, approximately reflecting the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Greece 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 Greece stood at X kg per ha, remaining stable against 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.

Castor oil seed harvested area in Greece totaled X ha in 2017, approximately equating the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Greece

In 2017, approx. X tons of castor oil seed were exported from Greece; jumping by X% against the previous year. Overall, castor oil seed exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2009, when exports increased by X% year-to-year. Greece exports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, castor oil seed exports amounted to $X in 2017. Overall, castor oil seed exports continue to indicate a remarkable growth. Over the period under review, the castor oil seed exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Exports by Country from Greece

India dominates castor oil seed exports structure, finishing at 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. 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 ($X) remains the largest castor oil seed supplier from Greece, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($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 amounted to +X%. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and France (+X% per year).

Castor Oil Seed Export Prices by Country in Greece

In 2017, the castor oil seed export price in Greece amounted to $X per ton, coming up by X% against the previous year. Overall, castor oil seed export price continues to indicate a noticeable drop. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the export prices for castor oil seed reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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 Greece

Castor oil seed imports into Greece totaled X tons in 2017, surging by X% against the previous year. Overall, the total imports indicated a mild increase 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 increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. Over the period under review, the castor oil seed imports reached its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, castor oil seed imports stood at $X in 2017. Overall, the total imports indicated a prominent 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. 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 Greece

In 2017, China (X tons) represented the main importer for castor oil seed, comprising X% of total imports. The U.S. (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by France (X%), Germany (X%) and the Netherlands (X%). Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) occupied the mild 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 ($X) constitutes the largest market for imported castor oil seed into Greece, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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 Greece

In 2017, the castor oil seed import price in Greece amounted to $X per ton, increasing by X% against the previous year. Overall, the import price indicated a measured 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 growth pace was the most rapid in 2011, when it surged by X% year-to-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