What is the price of castor oil per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) castor oil is between US$ 2.97 and US$ 5.93 per kilogram or between US$ 1.35 and US$ 2.69 per pound(lb). Click here to see today's exact prices of castor oil in United Kingdom (UK)
The retail price range in British pound sterling for castor oil is between GBP 2.38 and GBP 4.77 per kilogram or between GBP 1.08 and GBP 2.16 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) castor oil is between US$ 2.08 and US$ 4.15 per kilogram or between US$ 0.94 and US$ 1.88 per pound(lb).
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United Kingdom (UK) Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from the United Kingdom over the last five years has been quite volatile. In 2011, the price was 5.43 US dollars per kg, which dropped to 3.99 US dollars per kg in 2012. The price then remained relatively stable at 3.9 US dollars per kg in 2013 and 4.88 US dollars per kg in 2014. In 2015, the price dropped to 3.67 US dollars per kg, and then further decreased to 3.56 US dollars per kg in 2016. In 2017, the price increased to 4.15 US dollars per kg, before dropping to 3.29 US dollars per kg in 2018. The price then increased again to 5.7 US dollars per kg in 2019, and then to 7.18 US dollars per kg in 2020. The price then decreased to 5.66 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Castor Oil from the United Kingdom will be 5.45 US dollars per kg in 2023 and 5.27 US dollars per kg in 2024.The United Kingdom (UK) castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
United Kingdom (UK) Castor Oil Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) castor oil
The total values in export for castor oil in United Kingdom (UK) were US$ 1,345, US$ 1,852, US$ 1,973 and US$ 2,321 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 Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Europe: Georgia castor oil, Albania castor oil, Belarus castor oil, Bosnia and Herzegovina castor oil, Bulgaria castor oil, Croatia castor oil, Czech Republic castor oil, Estonia castor oil, Greece castor oil & Hungary castor oil.
United Kingdom (UK) castor oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of castor oil sold by United Kingdom (UK) in 2020 was 425 tonnes. In 2019 United Kingdom (UK) exported 407 tonnes of castor oil. Across 2019 alone, the interest in United Kingdom (UK) castor oil (processed category) has reduced, changing by -32.053 pc compared to the year 2018. Between 2017 and 2019, castor oil's exports went down by -8.74% netting the exporter US$2.32m for the year 2019. United Kingdom (UK)'s castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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United Kingdom (UK) castor oil export values
In 2019, United Kingdom (UK) shipped castor oil costing 2.32m USD, a surge of 17.59% from 2018's total castor oil export of 1.973m USD. The annual growth in value of United Kingdom (UK) castor oil between 2017 to 2018 was 6.533 pc.
The per year change in the volume of United Kingdom (UK)'s castor oil exports between 2017 and 2019 was -8.74% compared to a variation of -32.053% in the period between 2018 and 2019.
Export markets for United Kingdom (UK) castor oil ( in '000$ )
United Kingdom (UK)'s leading destinations for castor oil are Malaysia, Nigeria, Poland, Italy and China.
United Kingdom (UK) imported 10,375 tonnes of castor oil in 2019.