Italy: Castor Oil Seed Market Overview 2020

Castor Oil Seed Market Size in Italy

The revenue of the castor oil seed market in Italy amounted to $X in 2017, growing by X% against the previous year. In general, the total market indicated a strong growth 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. Based on 2017 figures, the castor oil seed consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when market value increased by X% year-to-year. Over the period under review, the castor oil seed market attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Castor Oil Seed Production in Italy

Castor oil seed production in Italy totaled X kg in 2017, remaining constant against the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Italy 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 Italy amounted to X kg per ha, leveling off at 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, approx. X ha of castor oil seed were harvested in Italy; flattening at the previous year. In general, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Italy

In 2017, exports of castor oil seed from Italy amounted to X tonnes, coming up by X% against the previous year. Overall, castor oil seed exports continue to indicate an abrupt reduction. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Italy exports peaked of X tonnes in 2011; however, from 2012 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 perceptible slump. Italy exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Exports by Country from Italy

India prevails in castor oil seed exports structure, amounting to X tonnes, which was approx. 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 ($X) remains the largest castor oil seed supplier from Italy, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($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 Italy

In 2017, the castor oil seed export price in Italy amounted to $X per tonne, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Italy export price peaked of $X per tonne in 2013; however, from 2014 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 ($X per tonne), while India ($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 Italy

In 2017, the amount of castor oil seed imported into Italy stood at X tonnes, jumping by X% against the previous year. Overall, castor oil seed imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. In that year, the castor oil seed imports attained their peak volume of X tonnes; afterwards, it flattened through to 2017.

In value terms, castor oil seed imports stood at $X in 2017. In general, the total imports indicated a prominent growth 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. Italy imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Castor Oil Seed Imports by Country into Italy

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

In China, castor oil seed imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and France (+X% per year).

Castor Oil Seed Import Prices by Country in Italy

The castor oil seed import price in Italy stood at $X per tonne in 2017, growing by X% against the previous year. Overall, the import price indicated a prominent 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. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for castor oil seed reached their peak level of $X per tonne. From 2012 to 2017, growth of the import prices for castor oil seed stood at a somewhat lower level.

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