Ireland: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Ireland

The revenue of the castor oil seed market in Ireland amounted to $X in 2017, surging by X% against the previous year. In general, castor oil seed consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2017, 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 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in Ireland

In 2017, castor oil seed production in Ireland amounted to X kg, leveling off at the previous year. In general, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Ireland 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 Ireland totaled X kg per ha, standing approx. 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, castor oil seed harvested area in Ireland stood at X ha, leveling off at the previous year. Overall, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports from Ireland

Castor oil seed exports from Ireland totaled X tons in 2017, surging by X% against the previous year. In general, castor oil seed exports continue to indicate a prominent increase. The growth pace was the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the castor oil seed exports attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, castor oil seed exports stood at $X in 2017. In general, castor oil seed exports continue to indicate a remarkable expansion. Over the period under review, the castor oil seed exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Exports by Country from Ireland

India prevails in castor oil seed exports structure, finishing at X tons, which was approx. X% of total exports in 2017. The Netherlands (X tons), France (X tons) and Germany (X tons) occupied the weak 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. 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 ($X) remains the largest castor oil seed supplier from Ireland, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.

In India, castor oil seed exports 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 Netherlands (+X% per year) and France (+X% per year).

Castor Oil Seed Export Prices by Country in Ireland

In 2017, the castor oil seed export price in Ireland amounted to $X per ton, flattening at the previous year. Overall, castor oil seed export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. In that year, the export prices for castor oil seed reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for castor oil seed failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Ireland

In 2017, approx. X tons of castor oil seed were imported into Ireland; going up by X% against the previous year. Overall, castor oil seed imports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2012, when imports increased by X% y-o-y. In that year, the castor oil seed imports reached their peak volume of X tons. From 2013 to 2017, growth of the castor oil seed imports failed to regain its momentum.

In value terms, castor oil seed imports stood at $X in 2017. Overall, castor oil seed imports continue to indicate a prominent growth. Over the period under review, the castor oil seed imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Imports by Country into Ireland

In 2017, China (X tons) represented the major importer for castor oil seed, generating X% of total imports. The U.S. (X tons) took the second position in the ranking, followed by France (X tons), Germany (X tons) and the Netherlands (X tons). All these countries together occupied near X% share of total imports. Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) occupied the slight 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. 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 ($X) constitutes the largest market for imported castor oil seed into Ireland, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by France, with a X% share.

In China, castor oil seed imports expanded 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 Ireland

The castor oil seed import price in Ireland stood at $X per ton in 2017, growing by X% against 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 increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. In that year, the import prices for castor oil seed attained their peak level of $X per ton. From 2012 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