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United Kingdom Oil of castor beans Export value
What is United Kingdom's oil of castor beans export value (1000 usd)? As of 2023, it's 1.2K 1000 USD, down from 3.1K 1000 USD in 2014.
| Label | Oil of castor beans Export value (1000 USD) |
|---|---|
| 2014 | 3094 1000 USD |
| 2015 | 3054 1000 USD |
| 2016 | 1291 1000 USD |
| 2017 | 1776 1000 USD |
| 2018 | 1932 1000 USD |
| 2019 | 2215 1000 USD |
| 2020 | 3071 1000 USD |
| 2021 | 2990 1000 USD |
| 2022 | 1544 1000 USD |
| 2023 | 1164 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
United Kingdom Oil of castor beans Export value: Key Points
- Measured in 2023, United Kingdom's oil of castor beans Export value sits at 1.16K USD. The series opened at 3.09K USD in 2014, making the full move a 62% fall.
- 2016: collapses to 1.29K USD (-58%).
- 2017: leaps to 1.78K USD (+38%).
- 2020: spikes to 3.07K USD (+39%).
- 2022: falls away sharply to 1.54K USD (-48%).
- 2023: Closes lower than it opened — 1.16K USD, a 62.4% loss over the period.
How To Read This Chart
With movement this mixed, it is worth being skeptical of anyone drawing a strong conclusion from just the start and end points.
United Kingdom'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.
Small absolute numbers like these amplify percentage swings — the same-sized change in volume looks dramatic as a percentage here in a way it wouldn't for a bigger trade flow. Read the raw numbers, not just the percent.
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