What is the price of castor oil per kilogram/pound in US today?
The retail price range for US castor oil is between US$ 3.94 and US$ 8.87 per kilogram or between US$ 1.79 and US$ 4.02 per pound(lb). Click here to see today's exact prices of castor oil in US
The retail price range in Euro for castor oil is between EUR 3.62 and EUR 8.14 per kilogram or between EUR 1.64 and EUR 3.69 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US castor oil is between US$ 2.76 and US$ 6.21 per kilogram or between US$ 1.25 and US$ 2.82 per pound(lb).
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US Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from the US over the last five years has been relatively stable. In 2017, the price was 2.46 US dollars per kilogram, followed by 2.35 US dollars per kilogram in 2018. In 2019, the price increased to 2.51 US dollars per kilogram, and in 2020, it decreased slightly to 2.48 US dollars per kilogram. The price then increased again in 2021 to 2.68 US dollars per kilogram, and in 2022, it reached 3.10 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Castor Oil from the US in 2023 will be around 3.30 US dollars per kilogram, and in 2024, it will be around 3.50 US dollars per kilogram.The castor oil exports from US are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
US Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into the US over the last five years has been quite volatile. In 2012, the price was $1.39, which dropped to $1.27 in 2013. However, the price rose to $1.59 in 2014 and then increased significantly to $2.51 in 2015. The price then rose further to $2.84 in 2016 before dropping to $2.46 in 2017. The price then decreased to $2.35 in 2018 before rising again to $2.51 in 2019. The price then dropped slightly to $2.48 in 2020 before increasing to $2.68 in 2021. The most recent data point is for 2022, where the price was $3.10. Based on the data, it is likely that the import price per kilogram of Castor Oil into the US will continue to increase in the next two years. We predict that the price will be $3.25 in 2023 and $3.40 in 2024.Export values for US castor oil
The total values in export for castor oil in US were US$ 11,305, US$ 12,088, US$ 15,663 and US$ 12,133 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across North America: Canada castor oil, US castor oil, Anguilla castor oil, Antigua and Barbuda castor oil, Bermuda castor oil, Bonaire, Sint Eustatius and Saba castor oil, St.Pierre and Miquelon castor oil, United States Minor Outlying Islands castor oil, Cayman Islands castor oil & Greenland castor oil.
US castor oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of castor oil sold by US in 2020 was 5,878 tonnes. In 2019 US shipped 4,917 tonnes of castor oil. Across 2019 alone, the demand for US castor oil (processed category) has gone down, with a change of -26.699 per cent compared to the year 2018. Between 2017 and 2019, castor oil's exports increased by 0.02% earning US US$12.13m for the year 2019. US' castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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US castor oil export values
In 2019, US supplied castor oil valued at 12.13m USD, a drop of -22.56% from 2018's total castor oil export of 15.663m USD. The yearly reduction in value of US castor oil between 2017 to 2018 was 29.575 pc.
The annual/yearly change in the volume of US' castor oil exports between 2017 and 2019 was 0.02% compared to a variation of -26.699% in the period between 2018 and 2019.
Export markets for US castor oil ( in '000$ )
US' best performing export markets for castor oil are Canada, Mexico, India, Kuwait and China.
US ordered 56,270 tonnes of castor oil in 2019.