What is the price of castor oil per kilogram/pound in Canada today?
The retail price range for Canada castor oil is between US$ 9.18 and US$ 14.50 per kilogram or between US$ 4.16 and US$ 6.58 per pound(lb). Click here to see today's exact prices of castor oil in Canada
The retail price range in Canadian Dollar for castor oil is between CAD 12.39 and CAD 19.57 per kilogram or between CAD 5.62 and CAD 8.88 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada castor oil is between US$ 6.43 and US$ 10.15 per kilogram or between US$ 2.91 and US$ 4.60 per pound(lb).
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Canada Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Canada over the last five years has been relatively stable. In 2017, the price was 2.01 US$ per kg, followed by 1.7 US$ per kg in 2018. In 2019, the price increased to 2.58 US$ per kg, and then decreased to 2.31 US$ per kg in 2020. 2021 saw a significant increase to 3.31 US$ per kg, and the highest price of 5.87 US$ per kg was recorded in 2022. Based on this trend, it is predicted that the export price per kilogram of Castor Oil from Canada in 2023 will be around 4.20 US$ per kg, and in 2024 it will be around 4.94 US$ per kg.The Canada castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Canada Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Canada over the last five years has been quite volatile. In 2017, the price was $2.01, followed by a decrease to $1.70 in 2018. However, in 2019, the price rose to $2.58, and then dropped to $2.31 in 2020. This year, 2021, the price has seen a significant increase to $3.31. Looking ahead, it is expected that the price of Castor Oil will continue to rise, reaching $5.87 in 2022. Predicted prices for 2023 and 2024 are $7.45 and $9.02 respectively.Export values for Canada castor oil
The total values in export for castor oil in Canada were US$ 167, US$ 165, US$ 265 and US$ 421 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across North America: Canada castor oil, US castor oil, Anguilla castor oil, Antigua and Barbuda castor oil, Bermuda castor oil, Bonaire, Sint Eustatius and Saba castor oil, St.Pierre and Miquelon castor oil, United States Minor Outlying Islands castor oil, Cayman Islands castor oil & Greenland castor oil.
Canada castor oil - Production, Exports, Imports, Seasons and HS Codes
The amount of castor oil exported by Canada in 2020 was 245 tons. In 2019 Canada sold 163 tonnes of castor oil. In 2019 alone, the interest in Canada castor oil (processed category) has climbed, with a change of 4.487 percent compared to the year 2018. Between 2017 and 2019, castor oil's exports grew by 98.78% earning the nation US$0.42m for the year 2019. Canada's castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Canada castor oil export values
In 2019, Canada shipped castor oil valued at 0.42m USD, an increase of 58.49% from 2018's total castor oil export of 0.265m USD. The annual change in value of Canada castor oil between 2017 to 2018 was 60.606 per cent.
The per year change in the volume of Canada's castor oil exports between 2017 and 2019 was 98.78 percent in comparison to a variation of 4.487% in the period between 2018 and 2019.
Export markets for Canada castor oil ( in '000$ )
Canada's top destinations for castor oil are US, United Kingdom (UK), New Zealand, Australia and Germany.
Canada bought 4,125 tonnes of castor oil in 2019.