Castor Oil Prices in Thailand
| Variety | Market level | Price (US$/kg) | Local (THB) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.87 | 64.18 | ▼ 15.4% | n/a | UN Comtrade (unit value) |
As of June 2026, the castor oil price in Thailand available is US$ 1.87 per kg (64.18 THB).
Thailand is the world's 10th largest exporter of castor oil, shipping 1,530 tonnes valued at US$2.86 million in 2024, which accounts for 0.2% of global exports and marks an 11.9% decrease year-on-year. The country produced 12,000 tonnes of castor oil in 2024, ranking 8th globally with a stable output and a yield of 0.086 t/ha. The latest export unit value is US$1.8703 per kg. Thailand 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 Thailand
Thailand is the world's 10th largest exporter of castor oil, shipping 1,530 tonnes valued at US$2.86 million in 2024, which accounts for 0.2% of global exports and marks an 11.9% decrease year-on-year. The country produced 12,000 tonnes of castor oil in 2024, ranking 8th globally with a stable output and a yield of 0.086 t/ha. The latest export unit value is US$1.8703 per kg. Thailand is a net exporter of castor oil.
Exports UN Comtrade · 2024
In 2024, Thailand exported $2.9M (1.5 kt) of castor oil▼ 11.9% YoY. That ranks #10 worldwide (0.2% of global exports).
Export value by year (US$)
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 $14.6M · 1.2%
Annual export data Thailand · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $2.9M | 1.5 kt | $1.87 |
| 2023 | $3.2M | - | - |
| 2022 | $4.6M | 2.1 kt | $2.21 |
| 2021 | $4.1M | 2.4 kt | $1.75 |
| 2020 | $5M | 3.5 kt | $1.41 |
Production FAOSTAT · 2024
Thailand produced 12 kt of castor oil in 2024▲ 0% YoY. It ranks #8 among producing countries (0.7% 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.