Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana - 2022

Contents:

  1. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana (FOB) - 2022
  2. Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana (CIF) - 2022
  3. Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana
  4. Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana (FOB) - 2022

The average export price for oil seeds; castor oil seeds, whether or not brokens stood at $493 per ton in 2022, leveling off at the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 36%. Over the period under review, the average export prices hit record highs at $2,674 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -15.1% per year.

Price for Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana (CIF) - 2022

The average import price for oil seeds; castor oil seeds, whether or not brokens stood at $4,560 per ton in 2022, with an increase of 35% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2017 an increase of 295% against the previous year. The import price peaked at $5,806 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +95.7% per year.

Exports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana

Exports of oil seeds; castor oil seeds, whether or not brokens from Ghana dropped dramatically to 4.5 tons in 2022, which is down by -47.2% against 2021 figures. Over the period under review, exports recorded a dramatic downturn. The smallest decline of -19.5% was in 2020.

In value terms, exports of oil seeds; castor oil seeds, whether or not brokens dropped notably to $2.2K in 2022. In general, exports recorded a sharp decrease. The smallest decline of -13.7% was in 2020.

Export of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.25.64.02.2-32.6%
OthersN/A0.60.2N/A-66.7%
Total7.26.24.22.2-32.6%

Top Export Markets for Oil Seeds; Castor Oil Seeds, Whether or Not Broken from Ghana in 2022:

  1. China (4.5 tons)

Imports of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana

In 2022, imports of oil seeds; castor oil seeds, whether or not brokens into Ghana fell markedly to 457 kg, declining by -25.6% on 2021. Over the period under review, imports recorded a abrupt contraction. The smallest decline of -5.3% was in 2020.

In value terms, imports of oil seeds; castor oil seeds, whether or not brokens amounted to $2.1K in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Oil Seeds; Castor Oil Seeds, Whether or Not Broken in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40.01,2072,0742,084273.5%
Germany3.0N/AN/AN/A0%
United Kingdom19.0N/AN/AN/A0%
India14.0275N/AN/A1864.3%
Tanzania731N/AN/AN/A0%
Italy8.0N/AN/AN/A0%
Canada74.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total8891,4822,0742,08432.8%

Top Suppliers of Oil Seeds; Castor Oil Seeds, Whether or Not Broken to Ghana in 2022:

  1. United States (457.0 kg)

Source: IndexBox Market Intelligence Platform

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