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

Contents:

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

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

The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $2,669 per ton in 2022, increasing by 19% against the previous year. Overall, the import price, however, showed a precipitous setback. The import price peaked at $31,302 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($14,027 per ton), while the price for India totaled $1,008 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-10.5%).

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

In 2022, approx. 7.5 tons of oil seeds; castor oil seeds, whether or not brokens were imported into Iraq; surging by 20% on 2021 figures. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 389%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens soared to $20K in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 330%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.80.64.713.568.9%
India3.82.79.46.620.2%
OthersN/AN/AN/AN/A0%
Total6.63.314.120.144.9%

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

  1. India (6.6 tons)
  2. United Arab Emirates (1.0 tons)

Source: IndexBox Market Intelligence Platform

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