What is the price of castor oil per kilogram/pound in Japan today?
The retail price range for Japan castor oil is between US$ 8.31 and US$ 10.69 per kilogram or between US$ 3.77 and US$ 4.85 per pound(lb). Click here to see today's exact prices of castor oil in Japan
The retail price range in Yen for castor oil is between JPY 1,148.26 and JPY 1,476.33 per kilogram or between JPY 520.75 and JPY 669.54 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan castor oil is between US$ 5.82 and US$ 7.48 per kilogram or between US$ 2.64 and US$ 3.39 per pound(lb).
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Japan Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Japan over the last five years has seen a steady decline. In 2017, the price was 4.80 US dollars per kg, and by 2021, it had dropped to 3.30 US dollars per kg. This represents a decrease of 31.25%. Looking ahead, the prices are expected to remain relatively stable, with a predicted price of 3.30 US dollars per kg in 2023 and 2024.The exports of castor oil from Japan are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Japan Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Japan has seen a steady decline over the last five years. In 2012, the price was 6.02 US dollars per kg, but by 2021, it had dropped to 3.3 US dollars per kg. This represents a decrease of 45.3%. In 2016, the price was 4.63 US dollars per kg, and in 2017, it increased slightly to 4.8 US dollars per kg. However, since then, the price has continued to decrease, reaching 3.3 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Castor Oil into Japan will remain around 3.3 US dollars per kg in 2023 and 2024.Export values for Japan castor oil
The total values in export for castor oil in Japan were US$ 2,184, US$ 2,261, US$ 1,645 and US$ 1,179 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Japan: 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.
Japan castor oil - Production, Exports, Imports, Seasons and HS Codes
The volume of castor oil sold by Japan in 2020 was 332 tons. In 2019 Japan sold 321 tonnes of castor oil. Through 2019 alone, the demand for Japan castor oil (processed category) has decreased, recording a change of -31.992 percent compared to the year 2018. Between 2017 and 2019, castor oil's exports reduced by -31.85 pc netting the country US$1.18m for the year 2019. Japan's castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Japan castor oil export values
In 2019, Japan exported castor oil worth 1.18m USD, a reduction of -28.27% from 2018's total castor oil export of 1.645m USD. The yearly reduction in value of Japan castor oil between 2017 to 2018 was -27.245%.
The per year change in the amount of Japan's castor oil exports between 2017 and 2019 was -31.85 per cent in comparison to a variation of -31.992% in the period between 2018 and 2019.
Export markets for Japan castor oil ( in '000$ )
Japan's leading export markets for castor oil are China, South Korea, Thailand, Malaysia and Indonesia.
Japan purchased 17,660 tonnes of castor oil in 2019.