What is the price of castor oil per kilogram/pound in Singapore today?
The retail price range for Singapore castor oil is between US$ 12.46 and US$ 18.80 per kilogram or between US$ 5.65 and US$ 8.53 per pound(lb). Click here to see today's exact prices of castor oil in Singapore
The retail price range in Singapore Dollar for castor oil is between SGD 16.76 and SGD 25.28 per kilogram or between SGD 7.60 and SGD 11.47 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2025, the approximate wholesale price range for Singapore castor oil is between US$ 8.72 and US$ 13.16 per kilogram or between US$ 3.96 and US$ 5.97 per pound(lb).
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Singapore Castor Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Castor Oil from Singapore has seen a steady decline over the past five years. In 2016, the price was 2.28 US $ per kg, and in 2021, it was 2.30 US $ per kg. This represents a decrease of 0.18 US $ per kg over the five-year period. The lowest price was recorded in 2013, when it was 2.43 US $ per kg. The highest price was in 2010, when it was 3.67 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Castor Oil from Singapore will be 2.14 US $ per kg in 2023 and 2.12 US $ per kg in 2024.The Singapore castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
Singapore Castor Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Castor Oil into Singapore has seen a fluctuating trend over the last five years. In 2016, the price was at its lowest at $2.28, before increasing to $2.62 in 2018. However, the price has since decreased to $2.16 in 2020. The current price of Castor Oil is $2.30 per kilogram. Based on the data, it is likely that the price of Castor Oil will remain around the same level in 2023 and 2024, with a slight increase to $2.32 and $2.34 respectively.Export values for Singapore castor oil
The total values in export for castor oil in Singapore were US$ 406, US$ 245, US$ 1,248 and US$ 1,619 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of castor oil in other countries across Asia: Kazakhstan castor oil, Kyrgyzstan castor oil, Tajikistan castor oil, Turkmenistan castor oil, Uzbekistan castor oil, China castor oil, Hong Kong castor oil, Macao castor oil, North Korea castor oil & Mongolia castor oil.
Singapore castor oil - Production, Exports, Imports, Seasons and HS Codes
The amount of castor oil shipped by Singapore in 2020 was 884 tonnes. In 2019 Singapore exported 649 tonnes of castor oil. Through 2019 alone, the market for Singapore castor oil (processed category) has surged, changing by 36.345 per cent compared to the year 2018. Between 2017 and 2019, castor oil's exports went up by 524.04 pc netting the country US$1.62m for the year 2019. Singapore's castor oil exports are categorised as:
- Castor oil and fractions thereof, whether or not refined, but not chemically modified (HS code 151530)
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Singapore castor oil export values
In 2019, Singapore supplied castor oil valued at 1.62m USD, a growth of 29.81% from 2018's total castor oil export of 1.248m USD. The yearly increase in value of Singapore castor oil between 2017 to 2018 was 409.388%.
The per year variation in the volume of Singapore's castor oil exports between 2017 and 2019 was 524.04 pc in comparison to a variation of 36.345% in the period between 2018 and 2019.
Export markets for Singapore castor oil ( in '000$ )
Singapore's leading destinations for castor oil are Pakistan, Vietnam, Thailand, Mexico and Bangladesh.
Singapore bought 1,953 tonnes of castor oil in 2019.