Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Nepal - 2022

Contents:

  1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Nepal (CIF) - 2022
  2. Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Nepal

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Nepal (CIF) - 2022

In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $870 per ton, approximately equating the previous year. Over the period under review, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 70% against the previous year. The import price peaked at $4,729 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -15.6% per year.

Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Nepal

In 2022, overseas purchases of oil seeds; castor oil seeds, whether or not brokens were finally on the rise to reach 16 tons after two years of decline. Over the period under review, imports, however, saw a abrupt decrease.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens totaled $14K in 2022. In general, imports, however, recorded a deep setback.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.915.613.313.6-15.9%
Others0.3N/A0.2N/A-18.4%
Total23.215.613.513.6-16.3%

Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Nepal in 2022:

  1. India (15.6 tons)

Source: IndexBox Market Intelligence Platform

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