Castor Oil Seed Price in Tunisia - 2022
Contents:
- Castor Oil Seed Price in Tunisia (CIF) - 2022
- Castor Oil Seed Price in Tunisia (FOB) - 2022
- Castor Oil Seed Imports in Tunisia
- Castor Oil Seed Exports in Tunisia
Castor Oil Seed Price in Tunisia (CIF) - 2022
In 2022, the average castor oil seed import price amounted to $4,059 per ton, picking up by 59% against the previous year. In general, the import price showed mild growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,455 per ton), while the price for Spain ($2,335 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced a decline.
Castor Oil Seed Price in Tunisia (FOB) - 2022
The average castor oil seed export price stood at $32,293 per ton in 2022, surging by 2,796% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($282,840 per ton), while the average price for exports to Mali totaled $975 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-25.3%).
Castor Oil Seed Imports in Tunisia
In 2022, after two years of decline, there was significant decline in supplies from abroad of castor oil seed, when their volume decreased by -28.1% to 25 tons. In general, imports, however, posted a tangible increase.
In value terms, castor oil seed imports stood at $103K in 2022. Overall, imports, however, saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Castor Oil Seed in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.0 | N/A | 15.0 | 50.5 | 93.2% |
| India | 37.0 | N/A | 37.4 | 25.1 | -12.1% |
| Germany | 2.0 | N/A | 5.9 | 12.2 | 82.7% |
| Spain | 11.2 | N/A | 17.3 | 11.7 | 1.5% |
| Belgium | 0.7 | N/A | 4.4 | 3.1 | 64.2% |
| Others | 6.7 | N/A | 9.9 | N/A | 21.6% |
| Total | 64.5 | N/A | 89.8 | 103 | 16.9% |
Top Suppliers of Castor Oil Seed to Tunisia in 2022:
- India (8.4 tons)
- France (7.8 tons)
- Spain (5.0 tons)
- Germany (3.1 tons)
- Belgium (1.0 tons)
Castor Oil Seed Exports in Tunisia
In 2022, the amount of castor oil seed exported from Tunisia expanded notably to 225 kg, increasing by 13% against the previous year's figure. The total export volume increased at an average annual rate of +12.5% from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, castor oil seed exports surged to $7.3K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Castor Oil Seed in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Algeria | N/A | 7.1 | 0% | ||
| Mali | N/A | 0.2 | 0% | ||
| France | 0.2 | N/A | 0% | ||
| Mauritania | N/A | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 0.2 | 7.3 | 3550.0% | ||
Top Export Markets for Castor Oil Seed from Tunisia in 2022:
- Mali (200.0 kg)
- Algeria (25.0 kg)
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