What is the price of castor oil per kilogram/pound in Thailand today?
The retail price range for Thailand castor oil is between US$ 3.37 and US$ 4.81 per kilogram or between US$ 1.53 and US$ 2.18 per pound(lb). Click here to see today's exact prices of castor oil in Thailand
The retail price range in Baht for castor oil is between THB 115.62 and THB 165.17 per kilogram or between THB 52.43 and THB 74.91 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand castor oil is between US$ 2.36 and US$ 3.37 per kilogram or between US$ 1.07 and US$ 1.53 per pound(lb).
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Thailand Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Thailand over the last five years has been relatively stable. In 2017, the price was 1.59 US$/kg, followed by 1.54 US$/kg in 2018, 1.76 US$/kg in 2019, 1.40 US$/kg in 2020, and 1.70 US$/kg in 2021. The highest price was recorded in 2022, at 2.18 US$/kg. Based on this data, it is likely that the export price of Castor Oil from Thailand will remain relatively stable in the next two years, with an estimated price of 1.75 US$/kg in 2023 and 1.80 US$/kg in 2024.The exports of castor oil from Thailand are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Thailand Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Thailand over the last five years has been relatively stable. In 2017, the price was $1.59, followed by $1.54 in 2018, $1.76 in 2019, $1.40 in 2020, and $1.70 in 2021. The highest price was recorded in 2022, at $2.18. This is a significant increase of 35.2% from the previous year. Looking ahead, we can expect the import price of Castor Oil into Thailand to remain around the $2.00 mark in 2023 and 2024.Export values for Thailand castor oil
The total values in export for castor oil in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Asia: Kazakhstan castor oil, Kyrgyzstan castor oil, Tajikistan castor oil, Turkmenistan castor oil, Uzbekistan castor oil, China castor oil, Hong Kong castor oil, Macao castor oil, North Korea castor oil & Mongolia castor oil.
Thailand castor oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of castor oil exported by Thailand in 2020 was 3,534 tonnes. In 2019 Thailand exported 9,472 tonnes of castor oil. Across 2019 alone, the market for Thailand castor oil (processed category) has remained constant, compared to the year 2018. For the years between 2017 and 2019 the exports were very few, netting Thailand very little foreign income. Thailand's castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Thailand castor oil export values
Between the years 2011 and 2020, Thailand sold castor oil valued at US$ 0.
The per year variation in the volume of Thailand's castor oil exports between 2017 and 2019 remained stable.
Export markets for Thailand castor oil ( in '000$ )
Thailand's best performing export markets for castor oil are China, Indonesia, Singapore, Malaysia and Vietnam.
Thailand procured 19,804 tonnes of castor oil in 2019.