Romania: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Romania

The revenue of the castor oil seed market in Romania amounted to $X in 2017, jumping by X% against the previous year. In general, castor oil seed consumption continues to indicate a measured increase. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. Romania castor oil seed consumption peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in Romania

Castor oil seed production in Romania stood at 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 Romania 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.

Average yield of castor oil seed in Romania totaled X kg per ha in 2017, therefore, remained relatively 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.

In 2017, approx. X ha of castor oil seed were harvested in Romania; remaining constant against the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Romania

In 2017, approx. X tons of castor oil seed were exported from Romania; coming down by -X% against the previous year. Overall, castor oil seed exports continue to indicate an outstanding growth. The pace of growth appeared the most rapid in 2009, when exports increased by X% against the previous year. Romania exports peaked of X tons in 2015; however, from 2016 to 2017, it 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 prominent growth. Over the period under review, the castor oil seed exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Castor Oil Seed Exports by Country from Romania

India prevails in castor oil seed exports structure, recording X tons, which was near X% of total exports in 2017. The Netherlands (X tons), France (X tons) and Germany (X tons) held the slight 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. 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 ($X) remains the largest castor oil seed supplier from Romania, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($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. 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 Romania

The castor oil seed export price in Romania stood at $X per ton in 2017, increasing by X% against the previous year. Overall, castor oil seed export price continues to indicate a measured reduction. The most prominent rate of growth was recorded in 2012, when the export prices increased by X% y-o-y. Over the period under review, the export prices for castor oil seed attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Romania

In 2017, castor oil seed imports into Romania totaled X tons, shrinking by -X% against the previous year. Overall, castor oil seed imports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the castor oil seed imports reached its maximum volume of X tons in 2013; however, from 2014 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 perceptible drop. Romania imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Imports by Country into Romania

China represented the major importer of castor oil seed in the world, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. 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. 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 ($X) constitutes the largest market for imported castor oil seed into Romania, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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. 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 Romania

In 2017, the castor oil seed import price in Romania amounted to $X per ton, growing 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 the import prices increased by X% against the previous 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 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