What is the price of castor oil per kilogram/pound in South Africa today?
The retail price range for South Africa castor oil is between US$ 13.40 and US$ 22.97 per kilogram or between US$ 6.08 and US$ 10.42 per pound(lb). Click here to see today's exact prices of castor oil in South Africa
The retail price range in Rand for castor oil is between ZAR 260.28 and ZAR 446.19 per kilogram or between ZAR 118.04 and ZAR 202.36 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa castor oil is between US$ 9.38 and US$ 16.08 per kilogram or between US$ 4.25 and US$ 7.29 per pound(lb).
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South Africa Castor Oil Export Prices - Historical, Trends and Prediction
In 2015, the export price of Castor Oil from South Africa was US$ 2.67 per Kg. In 2016, the export price was US$ 3.10 per Kg. In 2017, the export price was US$ 3.37per Kg. In 2018, the export price was US$ 2.19 per Kg. In 2019, the export price was US$ 2.60 per Kg. For 2021, the export price is estimated to be US$ 3.90 per Kg. For 2022, the export price is predicted to be US$ 4.0 per Kg. For 2023, it's expected to be around 4.50.
The exports of castor oil from South Africa are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
South Africa Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into South Africa over the last five years has been quite volatile. In 2017, the price was 3.10 US dollars per kg, which was the highest in the last five years. This was followed by a decrease in 2018 to 3.37 US dollars per kg. In 2019, the price dropped to its lowest point in the last five years, 2.19 US dollars per kg. In 2020, the price increased to 2.60 US dollars per kg, and in 2021, it further increased to 3.23 US dollars per kg. The price in 2022 was 3.98 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Castor Oil into South Africa in 2023 will be around 4.30 US dollars per kg, and in 2024, it will be around 4.63 US dollars per kg.Export values for South Africa castor oil
The total values in export for castor oil in South Africa were US$ 40, US$ 93, US$ 91 and US$ 79 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Africa: Algeria castor oil, Angola castor oil, Botswana castor oil, Burundi castor oil, Cameroon castor oil, Cape Verde castor oil, Central African Republic castor oil, Comoros castor oil, DRC Congo castor oil & Benin castor oil.
South Africa castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 621,840 tonnes of castor oil. Through 2019 alone, the market for South Africa castor oil (processed category) has shrunk, with a change of -6.922 per cent compared to the year 2018. Between 2017 and 2019, castor oil's exports decreased by -12.68 pc bringing the exporter US$0.08m for the year 2019. South Africa's castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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South Africa castor oil export values
In 2019, South Africa supplied castor oil with a value of 0.08m USD, a contraction of -12.09% from 2018's total castor oil export of 0.091m USD. The yearly change in value of South Africa castor oil between 2017 to 2018 was -2.151 percent.
The annual/yearly change in the quantity of South Africa's castor oil exports between 2017 and 2019 was -12.68 percent when compared to a variation of -6.922% in the growth rate between 2018 and 2019.
Export markets for South Africa castor oil ( in '000$ )
South Africa's top export markets for castor oil are Namibia, Ivory Coast (Côte d'Ivoire
), Botswana, Zimbabwe and Mali.
South Africa brought in 1,678 tonnes of castor oil in 2019.