Global Castor Oil Seed Market - Insights, Trends and Projections 2018

IndexBox has just published a new report "World: Castor Oil Seed - Market Report. Analysis And Forecast To 2025" ( http://www.indexbox.co.uk/store/world-castor-oil-seed-market-report-analysis-and-forecast-to-2020?utm_source=opr ).

This report provides a detailed study of the global castor seed market. Within it, you will identify the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The outlook displays the market projections through 2025.

Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

Product coverage:
Castor Oil Seed

Data coverage:
• Castor seed market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global castor seed production, split by region and country;
• Global castor seed trade (exports and imports);
• Producer, export and import prices for castor seed;
• Castor seed market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Abstract
Global castor oil seed production amounted to 1,795 thousand tonnes in 2015, declining by -8.0% against the previous year level. Overall, the global castor oil seed output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2011, when the output figure increased by +58% from the previous year level. In that year, the global castor oil seed production reached its maximum volume, and is likely to continue its growth in the immediate term.

Over the analyzed period, an increase in global castor oil seed production was primarily driven by population growth and production of medical care and personal care goods. Furthermore, these key drivers are expected to continue promoting the castor oil seed output in the immediate term. This general positive trend was largely conditioned by a slight curtailment of the harvested area and solid gains of the yield figures.

The world castor oil seed harvested area amounted to 1,325 thousand ha in 2015, which was -8.3% less than the previous year figure. The harvested area indicated a small contraction over the period under review, declining by an average annual rate of -1.0% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total castor oil seed harvested area peaked in 2011, falling back in the following year. From 2012 to 2015, the total castor oil seed harvested area fluctuated at lower levels.

The global average castor oil seed yield amounted to 14 thousand hg/ha in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +3.7% from 2007 to 2015. However, the yield levels displayed some little fluctuations over the recent years. The highest castor oil seed yields were recorded in 2012, when it peaked at 14 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.

Source: http://www.indexbox.co.uk/store/world-castor-oil-seed-market-report-analysis-and-forecast-to-2020?utm_source=opr

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This release was published on openPR.