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South Africa - Castor Oil Seed - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Castor Oil Seed Market Overview 2020

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Castor Oil Seed Market Size in South Africa

The revenue of the castor oil seed market in South Africa amounted to $X in 2017, going down by -X% against the previous year. In general, castor oil seed consumption continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the castor oil seed market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in South Africa

Castor oil seed production in South Africa stood at X kg in 2017, remaining stable against the previous year. In general, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in South Africa 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 South Africa amounted to X kg per X has in 2017, remaining constant against the previous year. Overall, castor oil seed yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when yield increased by X% year-to-year. In that year, the castor oil seed yield reached their peak level of X kg per X has. From 2011 to 2017, growth of the castor oil seed yield stood at a somewhat lower level. 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 South Africa totaled X ha in 2017, leveling off at the previous year. In general, castor oil seed harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to castor oil seed production attained its maximum of X ha in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Castor Oil Seed Exports from South Africa

In 2017, approx. X tonnes of castor oil seed were exported from South Africa; growing by X% against the previous year. In general, castor oil seed exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. In that year, the castor oil seed exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, castor oil seed exports amounted to $X in 2017. Overall, castor oil seed exports continue to indicate a strong increase. In that year, the castor oil seed exports attained their peak level, and are likely to continue its growth in the immediate term.

Castor Oil Seed Exports by Country from South Africa

India dominates castor oil seed exports structure, resulting at 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. 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 ($X) remains the largest castor oil seed supplier from South Africa, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($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 South Africa

In 2017, the castor oil seed export price in South Africa amounted to $X per tonne, falling 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 2008, when it surged by X% y-o-y. South Africa export price peaked of $X per tonne in 2016, and then declined slightly in the following year.

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 South Africa

In 2017, the amount of castor oil seed imported into South Africa amounted to X tonnes, picking up by X% against the previous year. Overall, castor oil seed imports continue to indicate a deep reduction. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. South Africa imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, castor oil seed imports amounted to $X in 2017. Overall, castor oil seed imports continue to indicate a slight descent. Over the period under review, the castor oil seed imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Imports by Country into South Africa

China was the major importer of castor oil seed in the world, with the volume of imports finishing at X tonnes, which was near X% of total imports in 2017. It was distantly followed by the U.S. (X tonnes), France (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes), together comprising 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. While the share of Thailand (-X%), the U.S. (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

The castor oil seed import price in South Africa stood at $X per tonne in 2017, falling by -X% against the previous year. Overall, the import price indicated a significant growth 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. Based on 2017 figures, the castor oil seed import price decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2011, when the import prices increased by X% against the previous year. South Africa import price peaked of $X per tonne in 2012; however, from 2013 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 ($X per tonne) and Germany ($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

Product coverage:
• FCL 266 -
• JSIC 0981 -
• JSIC 0982 -
• JSIC 1063 -

This report provides an in-depth analysis of the castor oil seed market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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