What is the price of castor oil per kilogram/pound in India today?
The retail price range for India castor oil is between US$ 1.64 and US$ 3.24 per kilogram or between US$ 0.74 and US$ 1.47 per pound(lb). Click here to see today's exact prices of castor oil in India
The retail price range in Indian Rupee for castor oil is between INR 135.61 and INR 268.84 per kilogram or between INR 61.50 and INR 121.92 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India castor oil is between US$ 1.15 and US$ 2.27 per kilogram or between US$ 0.52 and US$ 1.03 per pound(lb).
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India Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from India over the last five years has been relatively stable. In 2017, the price was 1.44 US$ per kg, followed by 1.38 US$ per kg in 2018. In 2019, the price increased to 1.57 US$ per kg, before dropping to 1.21 US$ per kg in 2020. The price then rose again to 1.52 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Castor Oil from India in 2023 will be around 1.45 US$ per kg and in 2024 will be around 1.53 US$ per kg.The exports of castor oil from India are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
India Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into India over the last five years has been relatively stable. In 2017, the price was 1.44 US dollars per kg, followed by 1.38 US dollars per kg in 2018. In 2019, the price increased to 1.57 US dollars per kg, before dropping to 1.21 US dollars per kg in 2020. The price then rose again to 1.52 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Castor Oil into India in 2023 will be around 1.45 US dollars per kg, and in 2024 it will be around 1.53 US dollars per kg.Export values for India castor oil
The total values in export for castor oil in India were US$ 597,144, US$ 905,533, US$ 822,919 and US$ 856,943 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Asia: Kazakhstan castor oil, Kyrgyzstan castor oil, Tajikistan castor oil, Turkmenistan castor oil, Uzbekistan castor oil, China castor oil, Hong Kong castor oil, Macao castor oil, North Korea castor oil & Mongolia castor oil.
India castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 547,120 tonnes of castor oil. For the year 2019 alone, the demand for India castor oil (processed category) has decreased, with a change of -8.17 per cent compared to the year 2018. Between 2017 and 2019, castor oil's exports went down by -12.72 percent netting the nation US$856.94m for the year 2019. India's castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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India castor oil export values
In 2019, India exported castor oil worth 856.94m USD, a growth of 4.13% from 2018's total castor oil export of 822.919m USD. The annual growth in value of India castor oil between 2017 to 2018 was -9.123 percent.
The per year variation in the volume of India's castor oil exports between 2017 and 2019 was -12.72 per cent when compared to a variation of -8.17% in the growth rate between 2018 and 2019.
Export markets for India castor oil ( in '000$ )
India's best performing destinations for castor oil are China, the Netherlands, US, France and Thailand.
India imported 547,120 tonnes of castor oil in 2019.