Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada - 2024
Contents:
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada (CIF) - 2022
- Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada (FOB) - 2022
- Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada
- Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada (CIF) - 2022
In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $254 per ton, shrinking by -4.5% against the previous year. Overall, the import price showed a perceptible downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 1,119%. As a result, import price attained the peak level of $3,091 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($255 per ton), while the price for India amounted to $250 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (-1.9%).
Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada (FOB) - 2022
In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $1,730 per ton, jumping by 22% against the previous year. In general, the export price saw notable growth. The most prominent rate of growth was recorded in 2016 an increase of 78%. The export price peaked at $2,531 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ireland.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +103.7% per year.
Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada
In 2022, the amount of oil seeds; castor oil seeds, whether or not brokens imported into Canada skyrocketed to 7.2 tons, increasing by 36% on the previous year. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 9,693%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of oil seeds; castor oil seeds, whether or not brokens soared to $1.8K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 4,647%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 3.0 | 181 | 1,244 | 1,501 | 693.9% |
| India | 10.0 | 308 | 157 | 330 | 220.8% |
| Cameroon | 1.0 | 86.0 | N/A | N/A | 8500.0% |
| Tanzania | N/A | 131 | N/A | N/A | 0% |
| Others | 1.0 | 6.0 | 9.0 | N/A | 200.0% |
| Total | 15.0 | 712 | 1,410 | 1,831 | 396.1% |
Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Canada in 2022:
- Nigeria (5.9 tons)
- India (1.3 tons)
Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada
For the third year in a row, Canada recorded decline in shipments abroad of oil seeds; castor oil seeds, whether or not brokens, which decreased by -5.4% to 578 kg in 2022. In general, exports saw a dramatic shrinkage. The smallest decline of -5.3% was in 2021.
In value terms, exports of oil seeds; castor oil seeds, whether or not brokens skyrocketed to $1K in 2022. Over the period under review, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
| Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 0.5 | 0% |
| France | 0.6 | N/A | N/A | N/A | 0% |
| Saint Pierre and Miquelon | 0.3 | N/A | N/A | N/A | 0% |
| Saint Lucia | N/A | 0.7 | N/A | N/A | 0% |
| Ghana | 4.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.9 | 0.5 | -44.4% |
| Total | 4.9 | 0.7 | 0.9 | 1.0 | -41.1% |
Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Canada in 2022:
- Ireland (537.0 kg)
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