Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Australia - 2023

Contents:

1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Australia (FOB) - 2022
2. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Australia (CIF) - 2022
3. Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Australia
4. Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Australia

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

In 2022, the average export price for oil seeds; castor oil seeds, whether or not brokens amounted to $5,520 per ton, approximately equating the previous year. Overall, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 a decrease of -91.5%. The export price peaked at $11,435 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($6,742 per ton), while the average price for exports to New Caledonia amounted to $1,908 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+325.4%).

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

In 2022, the average import price for oil seeds; castor oil seeds, whether or not brokens amounted to $3,821 per ton, with a decrease of -14.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 187% against the previous year. The import price peaked at $11,378 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 China amounted to +62.6% per year.

Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Australia

In 2022, after two years of decline, there was decline in overseas shipments of oil seeds; castor oil seeds, whether or not brokens, when their volume decreased by 0% to 3 tons. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of oil seeds; castor oil seeds, whether or not brokens amounted to $17K in 2022. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Australia in 2022:

1. Papua New Guinea (2.2 tons)
2. New Caledonia (0.8 tons)

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

In 2022, imports of oil seeds; castor oil seeds, whether or not brokens into Australia expanded markedly to 380 kg, surging by 14% compared with 2021. Over the period under review, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 255% against the previous year. As a result, imports reached the peak of 2.5 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens dropped modestly to $1.5K in 2022. Overall, imports, however, showed a sharp downturn.

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

1. India (380.0 kg)

Source: IndexBox Market Intelligence Platform