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Lithuania Oil of castor beans Export value
What is Lithuania's oil of castor beans export value (1000 usd)? As of 2023, it's 20 1000 USD, down from 97 1000 USD in 2014.
| Label | Oil of castor beans Export value (1000 USD) |
|---|---|
| 2014 | 97 1000 USD |
| 2015 | 65 1000 USD |
| 2016 | 47 1000 USD |
| 2017 | 72 1000 USD |
| 2018 | 110 1000 USD |
| 2019 | 30 1000 USD |
| 2020 | 14 1000 USD |
| 2021 | 26 1000 USD |
| 2022 | 15 1000 USD |
| 2023 | 20 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Lithuania Oil of castor beans Export value: Key Points
- Over 2014-2023, Lithuania's oil of castor beans Export value moved from 97.00 USD to 20.00 USD, a fall of 79% from start to finish.
- 2017: spikes to 72.00 USD (+53%).
- 2018: surges to 110.00 USD (+53%).
- 2019: falls away sharply to 30.00 USD (-73%).
- 2021: shoots up to 26.00 USD (+86%).
- By the last year on record, 2023, the figure sits at 20.00 USD — 79.4% below 2014.
The Pandemic Trade Shock, Explained
This is not a clean trend line, so resist the urge to draw one. Lithuania's number moves both directions across the period — treat any single year as a snapshot, not a forecast.
Read this drop as part of the worldwide pandemic trade shock — lockdowns disrupted shipping, production, and demand together, and most countries' trade data shows the same pattern.
The pace of this recovery matches the broader trade rebound most economies experienced in 2021, tied to reopening and renewed demand.
Treat the exact numbers as directional rather than precise, and lean on the overall shape of the oil of castor beans Export value line for Lithuania rather than any one year in isolation.
Lithuania's number here, like most in this category, is built from a mix of direct measurement and statistical modeling — reliable for tracking direction, less reliable for pinning down an exact year-to-year figure.
At these volumes, this trade flow often comes down to a handful of shipments or trading partners. A big single-year swing is more likely one contract or one buyer's order than a broad economic trend.
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