What is the price of castor oil per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) castor oil is between US$ 3.93 and US$ 7.86 per kilogram or between US$ 1.78 and US$ 3.56 per pound(lb). Click here to see today's exact prices of castor oil in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for castor oil is between AED 14.43 and AED 28.86 per kilogram or between AED 6.54 and AED 13.09 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) castor oil is between US$ 2.75 and US$ 5.50 per kilogram or between US$ 1.25 and US$ 2.49 per pound(lb).
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United Arab Emirates (UAE) Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from the United Arab Emirates (UAE) over the last five years has been quite varied. In 2017, the price was 2.32 US$ per kg, which was the highest in the five year period. This was followed by a slight decrease in 2018 to 2.42 US$ per kg. In 2019, the price dropped to 2.21 US$ per kg, the lowest in the five year period. Prices then increased in 2020 to 1.95 US$ per kg and further increased in 2021 to 2.39 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Castor Oil from the UAE in 2023 will be around 2.50 US$ per kg and in 2024 will be around 2.60 US$ per kg.The United Arab Emirates (UAE) castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
United Arab Emirates (UAE) Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into the United Arab Emirates (UAE) has been relatively stable over the last five years. In 2016, the import price was 2.10 US dollars per kilogram, and this increased slightly to 2.32 US dollars per kilogram in 2017. In 2018, the import price rose to 2.42 US dollars per kilogram, before dropping to 2.21 US dollars per kilogram in 2019. The import price then decreased further to 1.95 US dollars per kilogram in 2020, before rising again to 2.39 US dollars per kilogram in 2021. Based on this trend, it is predicted that the import price of Castor Oil into the UAE will be 2.45 US dollars per kilogram in 2023 and 2.50 US dollars per kilogram in 2024.Export values for United Arab Emirates (UAE) castor oil
The total values in export for castor oil in United Arab Emirates (UAE) were US$ 109, US$ 658, US$ 3,335 and US$ 2,519 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Arab Emirates (UAE): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Middle East: Bahrain castor oil, Cyprus castor oil, Iraq castor oil, Israel castor oil, Jordan castor oil, Kuwait castor oil, Lebanon castor oil, Palestine castor oil, Oman castor oil & Qatar castor oil.
United Arab Emirates (UAE) castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) sold 1,138 tonnes of castor oil. For 2019 alone, the market for United Arab Emirates (UAE) castor oil (processed category) has shrunk, with a change of -17.536 % compared to the year 2018. Between 2017 and 2019, castor oil's exports increased by 300.7 percent bringing the exporter US$2.52m for the year 2019. United Arab Emirates (UAE)'s castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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United Arab Emirates (UAE) castor oil export values
In 2019, United Arab Emirates (UAE) exported castor oil with a value of 2.52m USD, a drop of -24.44% from 2018's total castor oil export of 3.335m USD. The annual reduction in value of United Arab Emirates (UAE) castor oil between 2017 to 2018 was 406.839%.
The annual change in the volume of United Arab Emirates (UAE)'s castor oil exports between 2017 and 2019 was 300.7 pc when compared to a variation of -17.536% in the growth rate between 2018 and 2019.
Export markets for United Arab Emirates (UAE) castor oil ( in '000$ )
United Arab Emirates (UAE)'s top destinations for castor oil are India, Oman, Pakistan, Iran and South Africa.
United Arab Emirates (UAE) ordered 1,746 tonnes of castor oil in 2019.