Castor Oil Prices in Philippines
| Variety | Market level | Price (US$/kg) | Local (PHP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 2.33 | 130 | n/a | n/a | UN Comtrade (unit value) |
As of June 2026, the castor oil price in Philippines available is US$ 2.33 per kg (130 PHP).
The Philippines exported 33 tonnes of castor oil in 2022, valued at US$77,583, ranking 29th among 79 global exporters and accounting for 0.0% of world exports. In 2024, production reached 32 tonnes, also ranking 29th globally with a 6.1% year-on-year decrease and a yield of 0.071 t/ha. The latest export unit value is US$2.3284 per kg. The country is a net exporter of castor oil.
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Production, Exports, Imports & HS Codes - castor oil in Philippines
The Philippines exported 33 tonnes of castor oil in 2022, valued at US$77,583, ranking 29th among 79 global exporters and accounting for 0.0% of world exports. In 2024, production reached 32 tonnes, also ranking 29th globally with a 6.1% year-on-year decrease and a yield of 0.071 t/ha. The latest export unit value is US$2.3284 per kg. The country is a net exporter of castor oil.
Exports UN Comtrade · 2022
In 2022, Philippines exported $77.6K (33.3 t) of castor oil. That ranks #29 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top castor oil exporters worldwide UN Comtrade · 2022
- #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%
Production FAOSTAT · 2024
Philippines produced 31.6 t of castor oil in 2024▼ 6.1% YoY. It ranks #29 among producing countries (0% 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.