What is the price of castor oil per kilogram/pound in Tanzania today?
The retail price range for Tanzania castor oil is between US$ 8.09 and US$ 13.33 per kilogram or between US$ 3.67 and US$ 6.04 per pound(lb). Click here to see today's exact prices of castor oil in Tanzania
The retail price range in Tanzanian shilling for castor oil is between TZS 19,264.64 and TZS 31,730.00 per kilogram or between TZS 8,736.80 and TZS 14,390.02 per pound(lb) in Dar es Salaam and Mwanza.
Wholesale prices
In 2024, the approximate wholesale price range for Tanzania castor oil is between US$ 5.66 and US$ 9.33 per kilogram or between US$ 2.57 and US$ 4.23 per pound(lb).
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Tanzania Castor Oil Export Prices - Historical, Trends and Prediction
The export price of Castor Oil from Tanzania has seen a significant fluctuation over the last five years. In 2012, the price per kilogram was 2.30 US dollars, which dropped to 0.05 US dollars in 2015. In 2017, the price rose to 6.00 US dollars, before dropping again to 0.61 US dollars in 2018 and 2019. This year, the price has increased to 3.00 US dollars, and is expected to rise further to 4.00 US dollars in 2021. Based on this data, it is predicted that the export price of Castor Oil from Tanzania will be around 4.50 US dollars in 2023 and 5.00 US dollars in 2024.The castor oil exports from Tanzania are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Tanzania Castor Oil Import Prices - Historical, Trends and Prediction
The import price of Castor Oil into Tanzania has seen a significant fluctuation over the past five years. In 2012, the price per kilogram was 2.30 US dollars. This dropped to 0.05 US dollars in 2015, before rising to 6.00 US dollars in 2017. In 2018 and 2019, the price per kilogram was 0.61 US dollars, before increasing to 3.00 US dollars in 2020 and 4.00 US dollars in 2021. Based on this data, it is likely that the import price of Castor Oil into Tanzania will continue to increase in the coming years. We predict that the price per kilogram in 2023 will be 5.00 US dollars, and in 2024 it will be 6.00 US dollars.Export values for Tanzania castor oil
The total values in export for castor oil in Tanzania were US$ 92, US$ 6 and US$ 146 in US dollar thousand for the years 2015, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Tanzania: 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.
Tanzania castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Tanzania sold 0 tonnes of castor oil. Across 2019 alone, the market for Tanzania castor oil (processed category) has , changing by pc compared to the year 2018. Between 2017 and 2019, castor oil's exports reduced by -100 percent earning the nation US$0.00m for the year 2019. Tanzania's castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Tanzania castor oil export values
In 2019, Tanzania supplied castor oil with a value of 0.00m USD, a drop of -100.00% from 2018's total castor oil export of 0.146m USD. The annual reduction in value of Tanzania castor oil between 2017 to 2018 was 2333.333 pc.
The yearly variation in the volume of Tanzania's castor oil exports between 2017 and 2019 was -100 per cent between 2018 and 2019.
Export markets for Tanzania castor oil ( in '000$ )
Tanzania's top export markets for castor oil are Japan, Thailand, China and DRC Congo.
Tanzania procured 25 tonnes of castor oil in 2019.