Portugal: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Portugal

The revenue of the castor oil seed market in Portugal amounted to $X in 2017, coming up by X% against the previous year. Overall, castor oil seed consumption continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. In that year, the castor oil seed market reached their peak level of $X. From 2011 to 2017, growth of the castor oil seed market failed to regain its momentum.

Castor Oil Seed Production in Portugal

Castor oil seed production in Portugal stood at X kg in 2017, 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 Portugal 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 Portugal stood at 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.

Castor oil seed harvested area in Portugal amounted to X ha in 2017, leveling off at the previous year. In general, castor oil seed harvested area continues to indicate a relatively flat trend pattern.

Castor Oil Seed Exports by Country from Portugal

India prevails in castor oil seed exports structure, resulting 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. 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 ($X) remains the largest castor oil seed supplier from Portugal, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($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 totaled +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 Portugal

The castor oil seed export price in Portugal stood at $X per ton in 2017, approximately reflecting by -% against the previous year. Over the last decade, it decreased at an average annual rate of nan%. The growth pace was the most rapid in 2008, when it surged by -% y-o-y.

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 Portugal

In 2017, the amount of castor oil seed imported into Portugal totaled X tons, increasing by X% against the previous year. In general, castor oil seed imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. Over the period under review, the castor oil seed imports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it 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 strong increase. Portugal imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Imports by Country into Portugal

China was the main importer of castor oil seed in the world, with the volume of imports amounting to 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%). 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 ($X) constitutes the largest market for imported castor oil seed into Portugal, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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 Portugal

The castor oil seed import price in Portugal stood at $X per ton in 2017, coming down by -X% against the previous year. In general, castor oil seed import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, 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 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