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

Contents:

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

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

In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $25,000 per ton, remaining stable against the previous year. In general, the import price showed significant growth. The most prominent rate of growth was recorded in 2020 an increase of 51%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2019 to 2022, the rate of growth in terms of prices for India amounted to +51.3% per year.

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

For the third consecutive year, New Zealand recorded decline in supplies from abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by 0% to 3 kg in 2022. Overall, imports showed a sharp curtailment. The smallest decline of -28.6% was in 2020.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens totaled $75 in 2022. In general, imports saw a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 8.1%. As a result, imports reached the peak of $1.8K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A0.10%
India1.71.8N/AN/A5.9%
OthersN/AN/AN/AN/A0%
Total1.71.8N/A0.1-61.1%

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

  1. Australia (3.0 kg)

Source: IndexBox Market Intelligence Platform

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