What is the price of castor oil per kilogram/pound in Indonesia today?
The retail price range for Indonesia castor oil is between US$ 8.27 and US$ 10.00 per kilogram or between US$ 3.75 and US$ 4.53 per pound(lb). Click here to see today's exact prices of castor oil in Indonesia
The retail price range in Rupiah for castor oil is between IDR 137,786.33 and IDR 166,625.33 per kilogram or between IDR 62,488.13 and IDR 75,567.04 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia castor oil is between US$ 5.79 and US$ 7.00 per kilogram or between US$ 2.62 and US$ 3.17 per pound(lb).
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Indonesia Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Indonesia over the last five years has been quite varied. In 2017, the price was 1.63 US dollars per kg, followed by 1.68 US dollars per kg in 2018. In 2019, the price rose to 2.41 US dollars per kg, before dropping to 1.77 US dollars per kg in 2020. The price then decreased further to 1.71 US dollars per kg in 2021. The most recent data shows that the export price per kilogram of Castor Oil from Indonesia is 1.00 US dollars per kg in 2022. Based on this data, it is likely that the export price per kilogram of Castor Oil from Indonesia will remain around 1.00 US dollars per kg in 2023 and 2024.The Indonesia castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Indonesia Castor Oil Import Prices - Historical, Trends and Prediction
The import price of Castor Oil into Indonesia over the last five years has been quite volatile. In 2015, the price was at its highest at 5.50 US dollars per kg, before dropping to 1.13 US dollars per kg in 2013. Since then, the price has been steadily increasing, reaching a peak of 2.41 US dollars per kg in 2019. In 2020, the price dropped slightly to 1.77 US dollars per kg, before settling at 1.71 US dollars per kg in 2021. Based on this trend, it is likely that the import price of Castor Oil into Indonesia will remain around 1.71 US dollars per kg in 2023 and 2024.Export values for Indonesia castor oil
The total values in export for castor oil in Indonesia were US$ 33, US$ 31, US$ 155 and US$ 53 in US dollar thousand for the years 2015, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: 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.
Indonesia castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 22 tonnes of castor oil. Through 2019 alone, the interest in Indonesia castor oil (processed category) has reduced, recording a change of -76.087 pc compared to the year 2018. Between 2017 and 2019, castor oil's exports increased by 15.79 percent bringing Indonesia US$0.05m for the year 2019. Indonesia's castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Indonesia castor oil export values
In 2019, Indonesia shipped castor oil worth 0.05m USD, a reduction of -67.74% from 2018's total castor oil export of 0.155m USD. The annual change in value of Indonesia castor oil between 2017 to 2018 was 400 per cent.
The annual/yearly variation in the amount of Indonesia's castor oil exports between 2017 and 2019 was 15.79 per cent when compared to a variation of -76.087% in the growth rate between 2018 and 2019.
Export markets for Indonesia castor oil ( in '000$ )
Indonesia's best performing destinations for castor oil are Thailand, US, Vietnam, Japan and Malaysia.
Indonesia purchased 2,469 tonnes of castor oil in 2019.