Peru: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Peru

The revenue of the castor oil seed market in Peru amounted to $X in 2017, picking up by X% against the previous year. In general, castor oil seed consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Peru castor oil seed consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in Peru

In 2017, production of castor oil seed in Peru amounted to X kg, approximately mirroring the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Peru 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 Peru stood at X kg per ha, stabilizing at 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 Peru totaled X ha, remaining relatively unchanged against the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Peru

In 2017, the amount of castor oil seed exported from Peru totaled X kg, jumping by X% against the previous year. In general, castor oil seed exports continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the castor oil seed exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, castor oil seed exports totaled $X in 2017. Overall, castor oil seed exports continue to indicate a pronounced descent. Peru exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Exports by Country from Peru

India prevails in castor oil seed exports structure, accounting for X tons, which was near X% of total exports in 2017. The Netherlands (X tons), France (X tons) and Germany (X tons) took the weak share 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 ($X) remains the largest castor oil seed supplier from Peru, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.

In India, castor oil seed exports 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 Netherlands (+X% per year) and France (+X% per year).

Castor Oil Seed Export Prices by Country in Peru

In 2017, the castor oil seed export price in Peru amounted to $X per ton, dropping 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 2009, when it surged by -X% against the previous year. Over the period under review, the export prices for castor oil seed attained its maximum level of $X per ton in 2007; however, from 2008 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 Peru

In 2017, imports of castor oil seed into Peru amounted to X tons, approximately equating the previous year. In general, the total imports indicated a strong 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 2013 indices. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Peru imports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, castor oil seed imports amounted to $X in 2017. Overall, the total imports indicated a remarkable 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 imports decreased by -X% against 2013 indices. Peru imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Castor Oil Seed Imports by Country into Peru

In 2017, China (X tons) represented the largest importer for castor oil seed, making up X% of total imports. The U.S. (X tons) ranks second in terms of the global imports with a X% share, followed by France (X%), Germany (X%) and the Netherlands (X%). Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) 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. 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 ($X) constitutes the largest market for imported castor oil seed into Peru, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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. 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 Peru

In 2017, the castor oil seed import price in Peru amounted to $X per ton, going up by X% against the previous year. Overall, castor oil seed import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Peru import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

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.

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Source: IndexBox Platform