Egypt: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Egypt

The revenue of the castor oil seed market in Egypt amounted to $X in 2017, growing by X% against the previous year. In general, castor oil seed consumption continues to indicate an outstanding growth. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the castor oil seed market reached its peak figure level in 2017, and is likely to continue its growth in the near future.

Castor Oil Seed Production in Egypt

In 2017, the amount of castor oil seed produced in Egypt stood at X kg, approximately mirroring the previous year. In general, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Egypt 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 Egypt totaled X kg per ha, flattening 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, harvested area of castor oil seed in Egypt stood at X ha, stabilizing at the previous year. In general, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Egypt

In 2017, exports of castor oil seed from Egypt amounted to X tons, growing by X% against the previous year. Overall, castor oil seed exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. Over the period under review, the castor oil seed exports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, castor oil seed exports amounted to $X in 2017. Overall, castor oil seed exports continue to indicate a temperate curtailment. Over the period under review, the castor oil seed exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Castor Oil Seed Exports by Country from Egypt

India prevails in castor oil seed exports structure, finishing at X tons, which was near X% of total exports in 2017. The Netherlands (X tons), France (X tons) and Germany (X tons) occupied the minor share 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. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

The castor oil seed export price in Egypt stood at $X per ton in 2017, declining by -X% against the previous year. Overall, castor oil seed export price continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Egypt 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 Egypt

In 2017, approx. X tons of castor oil seed were imported into Egypt; surging by X% against the previous year. In general, castor oil seed imports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2011, when imports increased by X% y-o-y. Egypt imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, castor oil seed imports totaled $X in 2017. Overall, castor oil seed imports continue to indicate a skyrocketing expansion. Over the period under review, the castor oil seed imports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Castor Oil Seed Imports by Country into Egypt

China represented the largest importer of castor oil seed in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2017. It was distantly followed by the U.S. (X tons), France (X tons), Germany (X tons) and the Netherlands (X tons), together constituting X% share of total imports. Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) occupied 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. 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 ($X) constitutes the largest market for imported castor oil seed into Egypt, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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 amounted to +X%. 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 Egypt

The castor oil seed import price in Egypt stood at $X per ton in 2017, approximately mirroring the previous year. Overall, the import price indicated a strong growth 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. Based on 2017 figures, the castor oil seed import price decreased by -X% against 2010 indices. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for castor oil seed reached its peak figure level of $X per ton in 2010; however, from 2011 to 2017, it 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