Castor Oil Seed Price in Luxembourg - 2023
Contents:
- Castor Oil Seed Price in Luxembourg (CIF) - 2022
- Castor Oil Seed Price in Luxembourg (FOB) - 2022
- Castor Oil Seed Imports in Luxembourg
- Castor Oil Seed Exports in Luxembourg
Castor Oil Seed Price in Luxembourg (CIF) - 2022
In 2022, the average castor oil seed import price amounted to $4,136 per ton, dropping by -23.1% against the previous year. Overall, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 137%. As a result, import price attained the peak level of $9,809 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($8,000 per ton), while the price for the Netherlands ($3,555 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Castor Oil Seed Price in Luxembourg (FOB) - 2022
In 2022, the average castor oil seed export price amounted to $13,073 per ton, growing by 20% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by 118%. Over the period under review, the average export prices hit record highs at $18,622 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($13,098 per ton), while the average price for exports to Germany ($9,000 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+80.7%), while the prices for the other major destinations experienced mixed trend patterns.
Castor Oil Seed Imports in Luxembourg
After three years of growth, overseas purchases of castor oil seed decreased by -88.7% to 2.3 tons in 2022. Overall, imports recorded a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of 21 tons, and then reduced dramatically in the following year.
In value terms, castor oil seed imports reduced dramatically to $9.7K in 2022. Over the period under review, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 61%.
Import of Castor Oil Seed in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | 1.3 | 3.7 | 6.7 | 127.0% |
Netherlands | 1.8 | 2.3 | N/A | 1.4 | -8.0% |
Belgium | N/A | N/A | 102 | 0.1 | -99.9% |
United States | 41.5 | 58.5 | N/A | N/A | 41.0% |
France | 7.3 | 4.6 | N/A | N/A | -37.0% |
Canada | N/A | 12.9 | N/A | N/A | 0% |
Others | 1.8 | 4.9 | 6.3 | 1.5 | -5.9% |
Total | 52.4 | 84.3 | 112 | 9.7 | -43.0% |
Top Suppliers of Castor Oil Seed to Luxembourg in 2022:
- India (1600.0 kg)
- Netherlands (400.0 kg)
- Belgium (25.0 kg)
- France (1.0 kg)
Castor Oil Seed Exports in Luxembourg
In 2022, shipments abroad of castor oil seed decreased by -76.2% to 261 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year.
In value terms, castor oil seed exports fell significantly to $3.4K in 2022. Over the period under review, exports showed a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 68% against the previous year. As a result, the exports reached the peak of $19K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Castor Oil Seed in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | 0.6 | 3.4 | 466.7% |
Germany | N/A | N/A | 8.4 | N/A | 0% |
Netherlands | 11.3 | 18.9 | 3.0 | N/A | -48.5% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 11.3 | 18.9 | 12.0 | 3.4 | -33.0% |
Top Export Markets for Castor Oil Seed from Luxembourg in 2022:
- France (256.0 kg)
- Netherlands (1.0 kg)
- Germany (1.0 kg)
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Global castor oil seed consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
In 2015, the country with the largest volume of the castor oil seed output was India (X thousand tons), accounting for X% of global production.
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In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
The maize oil market reached X million USD, rising with an annual increase of X%.
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize