Castor Oil Seed Price in Cameroon - 2022
Contents:
- Castor Oil Seed Price in Cameroon (CIF) - 2022
- Castor Oil Seed Price in Cameroon (FOB) - 2022
- Castor Oil Seed Imports in Cameroon
- Castor Oil Seed Exports in Cameroon
Castor Oil Seed Price in Cameroon (CIF) - 2022
In 2022, the average castor oil seed import price amounted to $3,008 per ton, increasing by 25% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 an increase of 76%. The import price peaked at $4,831 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +185.1% per year.
Castor Oil Seed Price in Cameroon (FOB) - 2022
In 2022, the average castor oil seed export price amounted to $1,200 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2,750 per ton), while the average price for exports to Belgium totaled $636 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Castor Oil Seed Imports in Cameroon
In 2022, overseas purchases of castor oil seed were finally on the rise to reach 246 kg after two years of decline. In general, imports, however, faced a dramatic slump.
In value terms, castor oil seed imports soared to $740 in 2022. Over the period under review, imports, however, continue to indicate a sharp decrease.
| Import of Castor Oil Seed in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,931 | 58.0 | 167 | 740 | -27.4% |
| Belgium | N/A | 658 | N/A | N/A | 0% |
| India | N/A | 407 | 25.0 | N/A | -93.9% |
| United Arab Emirates | N/A | N/A | 164 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,931 | 1,123 | 356 | 740 | -27.4% |
Top Suppliers of Castor Oil Seed to Cameroon in 2022:
- France (246.0 kg)
Castor Oil Seed Exports in Cameroon
Castor oil seed exports from Cameroon shrank significantly to 15 kg in 2022, falling by -50% on the year before. Over the period under review, exports continue to indicate a sharp downturn.
In value terms, castor oil seed exports contracted rapidly to $18 in 2022. In general, exports showed a dramatic shrinkage.
| Export of Castor Oil Seed in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Canada | N/A | 11.0 | 0% | ||
| Belgium | N/A | 7.0 | 0% | ||
| Cote d'Ivoire | 34.0 | N/A | 0% | ||
| France | 2.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 36.0 | 18.0 | -50.0% | ||
Top Export Markets for Castor Oil Seed from Cameroon in 2022:
- Belgium (11.0 kg)
- Canada (4.0 kg)
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