Castor Oil Prices in China
| Variety | Market level | Price (US$/kg) | Local (CNY) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 0.77 | 5.43 | n/a | n/a | FAOSTAT Producer Prices |
| - | Export (unit value) | 2.35 | 16.48 | ▼ 0.5% | ▼ 0.5% | UN Comtrade (unit value) |
As of June 2026, the castor oil price in China available is US$ 0.77 per kg (5.43 CNY).
China is the world's 12th largest exporter of castor oil, shipping 1,158 tonnes valued at US$2.72 million in 2024, which accounts for 0.2% of global exports and marks a 129.6% year-on-year increase. The country produced 20,000 tonnes of castor oil in 2024, ranking 5th globally with a stable output and a yield of 0.2 t/ha. The latest farmgate generic price is US$0.7747 per kg. China is a net exporter of castor oil.
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Castor Oil Price History & Trend
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Production, Exports, Imports & HS Codes - castor oil in China
China is the world's 12th largest exporter of castor oil, shipping 1,158 tonnes valued at US$2.72 million in 2024, which accounts for 0.2% of global exports and marks a 129.6% year-on-year increase. The country produced 20,000 tonnes of castor oil in 2024, ranking 5th globally with a stable output and a yield of 0.2 t/ha. The latest farmgate generic price is US$0.7747 per kg. China is a net exporter of castor oil.
Exports UN Comtrade · 2024
In 2024, China exported $2.7M (1.2 kt) of castor oil▲ 129.6% YoY. That ranks #12 worldwide (0.2% of global exports).
Export value by year (US$)
Export volume by year
Top castor oil exporters worldwide UN Comtrade · 2024
- #1 India $1.04B · 87.5%
- #2 Netherlands $46.3M · 3.9%
- #3 Germany $27.1M · 2.3%
- #4 France $21.7M · 1.8%
- #5 US $14.6M · 1.2%
Annual export data China · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $2.7M | 1.2 kt | $2.35 |
| 2023 | $1.2M | 502 t | $2.36 |
| 2022 | $2.4M | 942.4 t | $2.52 |
| 2021 | $1.9M | 953.8 t | $2 |
| 2020 | $1.1M | 606.9 t | $1.8 |
Production FAOSTAT · 2024
China produced 20 kt of castor oil in 2024▲ 0% YoY. It ranks #5 among producing countries (1.1% of world output).
Production by year (tonnes)
HS Code
castor oil is traded under Harmonized System code 1515.30. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.