Earlier Report Observations
The castor seeds market in Benin held steady at 642 t each year from 2018 to 2022. This consistency was underpinned by structured investments launched in 2018 to support large-scale castor plantations, a key element of the country's agricultural diversification drive. Even when low rainfall created unfavorable growing conditions in 2020, the sector remained resilient thanks to these ongoing projects. Further stability came in 2022 from government measures like setting guaranteed purchase prices and subsidizing inputs, alongside the National Agricultural Research Institute's (INRAB) activities to supply seeds to growers.
Market volume expanded to 712 t in 2023, a growth entirely attributable to imports of 70 t as domestic production remained unchanged at 642 t. This rise in imports appears linked to policies that boosted overall agricultural output and prioritized oilseed crops like castor. Continuous state subsidies and development programs noted that year fostered demand, requiring additional supply from abroad to meet consumption needs.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Benin
- 5.1.1. Annual dynamics of production in Benin in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Benin in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Benin
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Benin in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Benin by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Benin in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Benin by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Benin, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Benin by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Benin in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Benin by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Benin in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Benin by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Benin, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Benin by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production castor seeds in Benin
In kind, 2017-2020, t
From 2017 to 2020, Benin ranked as the 24th largest producer of castor seeds globally.
Top producers of castor seeds, 2017-2020
World map of production of castor seeds, 2017-2020
In 2020, Benin produced 641.9 t of castor seeds, maintaining the same level as in 2019. The previous year, 2019, saw the highest production at 641.9 t. In 2018, production showed no change, with both the largest decline and increase recorded at 0.0%.
Annual dynamics of production in Benin in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.0% | 0.0% | - | 0.0% |
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