What is the price of castor oil per kilogram/pound in Madagascar today?
The retail price range for Madagascar castor oil is between US$ 2.92 and US$ 5.84 per kilogram or between US$ 1.32 and US$ 2.65 per pound(lb). Click here to see today's exact prices of castor oil in Madagascar
The retail price range in Malagasy Ariary for castor oil is between MGA 12,923.89 and MGA 25,847.79 per kilogram or between MGA 5,861.18 and MGA 11,722.35 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar castor oil is between US$ 2.04 and US$ 4.09 per kilogram or between US$ 0.93 and US$ 1.85 per pound(lb).
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Madagascar Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Madagascar over the last five years has been quite volatile. In 2011, the price was 0.92 US$/kg, which dropped to 0.83 US$/kg in 2012. In 2013, the price rose to 1.29 US$/kg, before dropping to 0.55 US$/kg in 2014. In 2015, the price rose again to 0.73 US$/kg. In 2018, the price jumped to 2.27 US$/kg, and in 2020, the price rose to an all-time high of 6.17 US$/kg. The most recent data point is from 2022, when the price was 4.50 US$/kg. Based on this data, it is likely that the export price per kilogram of Castor Oil from Madagascar will remain around 4.50 US$/kg in 2023, and may increase slightly to around 4.75 US$/kg in 2024.Madagascar Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Madagascar has seen a significant increase over the last five years. In 2013, the price was $1.29, which dropped to $0.55 in 2014. However, the price rose again in 2015 to $0.73 and then increased significantly to $2.27 in 2018. The highest price was recorded in 2020, at $6.17 per kilogram. The most recent data shows that the price has dropped to $4.50 in 2022. Based on the data, it is predicted that the import price per kilogram of Castor Oil into Madagascar will remain relatively stable in 2023, at around $4.50. However, it is expected that the price will increase again in 2024, to around $5.00.Export values for Madagascar castor oil
Prices of other produce in the Processed category in Madagascar: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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