Algeria: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Algeria

The revenue of the castor oil seed market in Algeria amounted to $X in 2017, surging by X% against the previous year. Overall, castor oil seed consumption continues to indicate a drastic deduction. The pace of growth appeared the most rapid in 2017, with an increase of X% year-to-year. Algeria castor oil seed consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in Algeria

Castor oil seed production in Algeria amounted to X kg in 2017, standing approx. at the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Algeria indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

Average yield of castor oil seed in Algeria amounted to X kg per ha in 2017, leveling off at the previous year. In general, castor oil seed yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of castor oil seed were harvested in Algeria; standing approx. at the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Algeria

Castor oil seed exports from Algeria stood at X kg in 2017, coming up by X% against the previous year. Overall, castor oil seed exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2016, when exports increased by X% against the previous year. Algeria exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, castor oil seed exports stood at $X in 2017. In general, castor oil seed exports continue to indicate an outstanding growth. Algeria exports peaked in 2017, and are expected to retain its growth in the immediate term.

Castor Oil Seed Exports by Country from Algeria

India dominates castor oil seed exports structure, amounting to X tons, which was approx. X% of total exports in 2017. The Netherlands (X tons), France (X tons) and Germany (X tons) followed a long way behind the leaders.

India was also the fastest growing in terms of the castor oil seed exports, with a CAGR of +X% from 2007 to 2017. At the same time, Germany (+X%) and France (+X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest castor oil seed supplier from Algeria, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.

In India, castor oil seed exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and France (+X% per year).

Castor Oil Seed Export Prices by Country in Algeria

The castor oil seed export price in Algeria stood at $X per ton in 2017, approximately equating the previous year. Overall, castor oil seed export price continues to indicate a temperate downturn. Algeria export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Castor Oil Seed Imports into Algeria

In 2017, the amount of castor oil seed imported into Algeria totaled X tons, going up by X% against the previous year. In general, castor oil seed imports continue to indicate a deep decrease. The pace of growth appeared the most rapid in 2017, when imports increased by X% year-to-year. Over the period under review, the castor oil seed imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, castor oil seed imports stood at $X in 2017. In general, castor oil seed imports continue to indicate a drastic shrinkage. Algeria imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Imports by Country into Algeria

China was the main importer of castor oil seed in the world, with the volume of imports finishing at X tons, which was near X% of total imports in 2017. The U.S. (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by France (X%), Germany (X%) and the Netherlands (X%). The following importers - Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) together made up X% of total imports.

China was also the fastest growing in terms of the castor oil seed imports, with a CAGR of +X% from 2007 to 2017. At the same time, Thailand (+X%), South Korea (+X%), the U.S. (+X%) and Germany (+X%) displayed positive paces of growth. Italy, the Netherlands and France experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand, the U.S. and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported castor oil seed into Algeria, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and France (+X% per year).

Castor Oil Seed Import Prices by Country in Algeria

In 2017, the castor oil seed import price in Algeria amounted to $X per ton, stabilizing at the previous year. Overall, castor oil seed import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the import prices increased by X% against the previous year. In that year, the import prices for castor oil seed reached their peak level of $X per ton. From 2014 to 2017, growth of the import prices for castor oil seed stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Italy ($X per ton) and Germany ($X per ton), while Thailand ($X per ton) and China ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform