What is the price of castor oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam castor oil is between US$ 4.81 and US$ 8.18 per kilogram or between US$ 2.18 and US$ 3.71 per pound(lb). Click here to see today's exact prices of castor oil in Vietnam
The retail price range in Dong for castor oil is between VND 120,362.50 and VND 204,616.25 per kilogram or between VND 54,586.17 and VND 92,796.49 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam castor oil is between US$ 3.37 and US$ 5.73 per kilogram or between US$ 1.53 and US$ 2.60 per pound(lb).
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Vietnam Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Vietnam has seen a steady increase over the last five years. In 2013, the price was 1.62 US dollars per kg, and in 2014 it decreased slightly to 1.55 US dollars per kg. In 2016, the price dropped to 1.20 US dollars per kg, but in 2017 it rose again to 1.80 US dollars per kg. In 2018, the price increased significantly to 2.67 US dollars per kg, and in 2020 it returned to 1.62 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Castor Oil from Vietnam will be 1.90 US dollars per kg in 2023 and 2.00 US dollars per kg in 2024.Vietnam Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Vietnam over the last five years has been quite varied. In 2013, the price was 1.62 US dollars per kg. This decreased to 1.55 US dollars per kg in 2014. In 2016, the price dropped further to 1.20 US dollars per kg. However, in 2017, the price rose to 1.80 US dollars per kg. The highest price was recorded in 2018, when it reached 2.67 US dollars per kg. The price then dropped back to 1.62 US dollars per kg in 2020. Based on this data, it is predicted that the import price per kilogram of Castor Oil into Vietnam in 2023 will be 1.90 US dollars per kg and in 2024 will be 2.00 US dollars per kg.Export values for Vietnam castor oil
The total values in export for castor oil in Vietnam were US$ 9 and US$ 8 in US dollar thousand for the years 2017 and 2018 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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Vietnam castor oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped small quantities of castor oil. For 2019 alone, the market for Vietnam castor oil (processed category) has , changing by per cent compared to the year 2018. Between 2017 and 2019, castor oil's exports decreased by -100 percent netting the country US$0.00m for the year 2019. Vietnam's castor oil exports are classified as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Vietnam castor oil export values
In 2019, Vietnam sold castor oil costing 0.00m USD, a drop of -100.00% from 2018's total castor oil export of 0.008m USD. The annual reduction in value of Vietnam castor oil between 2017 to 2018 was -11.111 pc.
The yearly change in the amount of Vietnam's castor oil exports between 2017 and 2019 was -100 percent between 2018 and 2019.
Export markets for Vietnam castor oil ( in '000$ )
Vietnam imported 1,036 tonnes of castor oil in 2019.