What is the price of castor oil per kilogram/pound in Australia today?
The retail price range for Australia castor oil is between US$ 9.65 and US$ 11.58 per kilogram or between US$ 4.38 and US$ 5.25 per pound(lb). Click here to see today's exact prices of castor oil in Australia
The retail price range in Australian Dollar for castor oil is between AUD 14.52 and AUD 17.42 per kilogram or between AUD 6.58 and AUD 7.90 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia castor oil is between US$ 6.76 and US$ 8.11 per kilogram or between US$ 3.06 and US$ 3.68 per pound(lb).
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Australia Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Australia over the last five years has been quite varied. In 2017, the price was 4.75 US dollars per kg, followed by a decrease to 3.00 US dollars per kg in 2018. In 2019, the price dropped further to 2.75 US dollars per kg, before increasing to 3.70 US dollars per kg in 2020. The price then remained relatively stable in 2021 and 2022, at 3.71 and 4.13 US dollars per kg respectively. Based on this data, it is likely that the export price per kilogram of Castor Oil from Australia will remain around 4.00 US dollars per kg in 2023 and 2024.The exports of castor oil from Australia are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Australia Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Australia over the last five years has been quite varied. In 2017, the price was 4.75 US dollars per kg, followed by a decrease to 3.00 US dollars per kg in 2018. In 2019, the price dropped further to 2.75 US dollars per kg, before increasing to 3.70 US dollars per kg in 2020. The price then remained relatively stable in 2021 at 3.71 US dollars per kg, before increasing again to 4.13 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Castor Oil into Australia will remain relatively stable in the next two years. We can predict that the price in 2023 will be around 4.13 US dollars per kg, and the price in 2024 will be around 4.13 US dollars per kg.Export values for Australia castor oil
The total values in export for castor oil in Australia were US$ 49, US$ 19, US$ 18 and US$ 11 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Oceania: Fiji castor oil, French Polynesia castor oil, Guam castor oil, Micronesia castor oil, New Caledonia castor oil, Papua New Guinea castor oil, Samoa castor oil, Solomon Islands castor oil, Tonga castor oil & Vanuatu castor oil.
Australia castor oil - Production, Exports, Imports, Seasons and HS Codes
The amount of castor oil exported by Australia in 2020 was 10 tons. In 2019 Australia sold 4 tonnes of castor oil. Through 2019 alone, the interest in Australia castor oil (processed category) has shrunk, changing by -33.333 percent compared to the year 2018. Between 2017 and 2019, castor oil's exports remained stable at 0 pc bringing the country US$0.01m for the year 2019. Australia's castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Australia castor oil export values
In 2019, Australia sold castor oil costing 0.01m USD, a reduction of -44.44% from 2018's total castor oil export of 0.018m USD. The annual change in value of Australia castor oil between 2017 to 2018 was -5.263%.
The per year variation in the amount of Australia's castor oil exports between 2017 and 2019 was 0 per cent when compared to a variation of -33.333% in the growth rate between 2018 and 2019.
Export markets for Australia castor oil ( in '000$ )
Australia's best performing destinations for castor oil are New Zealand, Fiji, Malaysia, Indonesia and Mongolia.
Australia imported 1,178 tonnes of castor oil in 2019.