Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Italy - 2023
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Italy (CIF) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Italy
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Italy (CIF) - 2022
The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $9,261 per ton in 2022, rising by 52% against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 56% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 Brazil ($28,579 per ton), while the price for Germany ($5,099 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+155.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Italy
For the third year in a row, Italy recorded decline in supplies from abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by -59.5% to 1.3 tons in 2022. Overall, imports recorded a sharp shrinkage. The smallest decline of -21% was in 2021.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens dropped dramatically to $12K in 2022. In general, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 0.6% against the previous year.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.5 | 19.2 | 14.9 | 5.1 | -46.1% |
| Brazil | N/A | N/A | 4.4 | 4.0 | -9.1% |
| India | 8.1 | N/A | N/A | 2.8 | -29.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 40.6 | 19.2 | 19.3 | 11.9 | -33.6% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Italy in 2022:
- Germany (1000.0 kg)
- Brazil (140.0 kg)
- India (140.0 kg)
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