Austria: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Austria

The revenue of the castor oil seed market in Austria amounted to $X in 2017, rising by X% against the previous year. In general, castor oil seed consumption continues to indicate a pronounced decline. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. In that year, the castor oil seed market reached their peak level of $X. From 2015 to 2017, growth of the castor oil seed market stood at a somewhat lower level.

Castor Oil Seed Production in Austria

Castor oil seed production in Austria amounted to X kg in 2017, standing approx. at the previous year. In general, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Austria 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.

In 2017, average castor oil seed yield in Austria totaled X kg per ha, flattening at the previous year. Overall, 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, the total area harvested in terms of castor oil seed production in Austria stood at X ha, approximately equating the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Austria

Castor oil seed exports from Austria stood at X tons in 2017, surging by X% against the previous year. Overall, castor oil seed exports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. In that year, the castor oil seed exports reached their peak volume of X tons. From 2009 to 2017, growth of the castor oil seed exports stood at a somewhat lower level.

In value terms, castor oil seed exports amounted to $X in 2017. In general, castor oil seed exports continue to indicate an abrupt curtailment. Austria exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Exports by Country from Austria

India prevails in 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. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (+X% per year).

Castor Oil Seed Export Prices by Country in Austria

The castor oil seed export price in Austria stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016, an increase of X% year-to-year. Austria export price peaked in 2017, and is likely to continue its growth in the near future.

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 Austria

In 2017, approx. X tons of castor oil seed were imported into Austria; shrinking by -X% against the previous year. Overall, castor oil seed imports continue to indicate a measured downturn. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. In that year, the castor oil seed imports attained their peak volume of X tons. From 2011 to 2017, growth of the castor oil seed imports failed to regain its momentum.

In value terms, castor oil seed imports totaled $X in 2017. Overall, castor oil seed imports continue to indicate a relatively flat trend pattern. Austria imports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Castor Oil Seed Imports by Country into Austria

China represented 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) took 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%). Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) took the weak share 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. Thailand (-X%), the U.S. (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, castor oil seed imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (+X% per year).

Castor Oil Seed Import Prices by Country in Austria

The castor oil seed import price in Austria stood at $X per ton in 2017, leveling off at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Austria import price peaked in 2017, and is expected to retain its growth in the immediate term.

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