Czech Republic: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in the Czech Republic

The revenue of the castor oil seed market in the Czech Republic amounted to $X in 2017, picking up by X% against the previous year. In general, the total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the castor oil seed market reached its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Castor Oil Seed Production in the Czech Republic

Castor oil seed production in the Czech Republic totaled X kg in 2017, remaining relatively unchanged against the previous year. In general, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in the Czech Republic 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 the Czech Republic totaled X kg per ha in 2017, leveling off 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, harvested area of castor oil seed in the Czech Republic totaled X ha, approximately reflecting the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports in the Czech Republic

In 2017, castor oil seed exports from the Czech Republic totaled X tons, coming down by -X% against the previous year. Overall, castor oil seed exports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2014, when exports increased by X% y-o-y. The Czech Republic exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, castor oil seed exports stood at $X in 2017. Overall, castor oil seed exports continue to indicate an abrupt reduction. Over the period under review, the castor oil seed exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Exports by Country in the Czech Republic

India dominates castor oil seed exports structure, reaching X tons, which was near X% of total exports in 2017. The following exporters - the Netherlands (X tons), France (X tons) and Germany (X tons) together made up X% of total exports.

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

From 2007 to 2017, the average annual growth rate of value in India stood at +X%. 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 the Czech Republic

The castor oil seed export price in the Czech Republic stood at $X per ton in 2017, jumping by X% against the previous year. Overall, the export price indicated a noticeable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013, when the export prices increased by X% y-o-y. The Czech Republic export price peaked in 2017, and is likely to see steady growth in the immediate term.

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 in the Czech Republic

In 2017, approx. X tons of castor oil seed were imported into the Czech Republic; going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the castor oil seed imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, castor oil seed imports stood at $X in 2017. Overall, the total imports indicated a tangible expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the castor oil seed imports reached their peak level of $X. From 2012 to 2017, growth of the castor oil seed imports stood at a somewhat lower level.

Castor Oil Seed Imports by Country in the Czech Republic

China represented the key importing country with an import of around X tons, which finished at X% of total imports. The U.S. (X tons) ranks second in terms of the global imports with a X% share, followed by France (X%), Germany (X%) and the Netherlands (X%). Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) followed a long way behind the leaders.

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. While the share of Thailand (-X%), the U.S. (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In 2017, the castor oil seed import price in the Czech Republic amounted to $X per ton, coming up by X% against the previous year. Overall, castor oil seed import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% year-to-year. In that year, the import prices for castor oil seed reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for castor oil seed failed to regain its momentum.

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