Sweden: Castor Oil Seed Market 2020

Castor Oil Seed Market Size in Sweden

The revenue of the castor oil seed market in Sweden amounted to $X in 2017, dropping by -X% against the previous year. Overall, castor oil seed consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the castor oil seed market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Castor Oil Seed Production in Sweden

In 2017, approx. X kg of castor oil seed were produced in Sweden; approximately mirroring the previous year. Overall, castor oil seed production continues to indicate a relatively flat trend pattern. Castor oil seed output in Sweden 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 Sweden totaled X kg per ha in 2017, remaining constant against 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, approx. X ha of castor oil seed were harvested in Sweden; 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 Sweden

In 2017, approx. X tons of castor oil seed were exported from Sweden; remaining constant against the previous year. Overall, castor oil seed exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. Sweden exports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

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

Castor Oil Seed Exports by Country from Sweden

India prevails in castor oil seed exports structure, amounting to X tons, which was near 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 ($X) remains the largest castor oil seed supplier from Sweden, making up X% of global exports. The second position in the ranking was occupied by the Netherlands ($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 Sweden

The castor oil seed export price in Sweden stood at $X per ton in 2017, picking up by X% against the previous year. In general, the export price indicated a perceptible 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 export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2012, an increase of X% y-o-y. Sweden export price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

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 Sweden

In 2017, the amount of castor oil seed imported into Sweden stood at X tons, coming down by -X% against the previous year. Overall, castor oil seed imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. Sweden imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, castor oil seed imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Sweden imports peaked of $X in 2016, leveling off in the following year.

Castor Oil Seed Imports by Country into Sweden

In 2017, China (X tons) represented the main importer for castor oil seed, generating X% of total imports. The U.S. (X tons) held the second position in the ranking, followed by France (X tons), Germany (X tons) and the Netherlands (X tons). All these countries together occupied approx. X% share of total imports. The following importers - Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) together made up X% 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 ($X) constitutes the largest market for imported castor oil seed into Sweden, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($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 Sweden

In 2017, the castor oil seed import price in Sweden amounted to $X per ton, coming up by X% against the previous year. Overall, the import price indicated a remarkable 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. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. 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