Castor Oil Prices: Trend Analysis, Historical Data & Forecast

North America Castor Oil Prices Movement Last Quarter:

Castor Oil Prices in United States:

Castor oil prices in the USA declined to 1845 USD/MT in the last quarter due to an oversupplied market, weak demand, and competition from Indian exporters offering lower prices. This placed U.S. producers at a competitive disadvantage. Although a modest recovery in manufacturing brought temporary stability, concerns about supply chain disruptions and economic uncertainty limited purchasing activity. These factors contributed to fluctuations in the Castor Oil Price Index in the USA.

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APAC Castor Oil Prices Movement Last Quarter:

Castor Oil Prices in China:

In Q4 2024, Castor Oil Prices in China held steady at 2034 USD/MT, despite fluctuating demand from the cosmetics, bioplastics, and lubricant sectors. While India's crop shortage restricted global supply, China's domestic output remained sufficient. However, declining export orders and increased operating costs negatively impacted the market. A weakening yuan and reduced pharmaceutical demand also dragged the Castor Oil Price Index, reflecting a cautious and subdued market sentiment.

Regional Analysis: The price analysis can be extended to provide detailed castor oil price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Castor Oil Prices Movement Last Quarter:

Castor Oil Prices in Netherland:

During the last quarter of 2024, Castor Oil Prices in Netherlands declined, ending at 1663 USD/MT in December, primarily due to oversupply and reduced industrial demand. Competitive pricing from Indian exporters and a weaker euro further pressured import cost. As alternative oils gained traction, procurement in the pharmaceutical and cosmetic sectors slowed, contributing to a bearish Castor Oil Price Index and reinforcing a subdued market sentiment across the region.

Regional Analysis: The price analysis can be expanded to include detailed castor oil price data for a wide range of European countries:

such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

FAQs on Castor Oil Price Trend & Forecast:

What were the castor oil prices in the USA during the last quarter?

Castor oil prices in the USA declined to 1845 USD/MT in December 2024, primarily due to oversupply, weak demand, and competitive pricing from Indian exporters.

How did the castor oil market perform in China in the last quarter?

Despite early import demand, castor oil prices in China remained stable at 2034 USD/MT in December, impacted by reduced exports and limited global supply.

Why did castor oil prices drop in the Netherlands in the last quarter?

Prices fell to 1663 USD/MT in December due to excess supply, reduced industrial demand, and strong competition from Indian exports and alternative oils.

What is the Castor Oil Price Index indicating for global trends?

The Castor Oil Price Index reflects a downward trend globally in Q4 2024, influenced by oversupply, weak demand, and rising alternatives in industrial applications.

What are the main factors impacting castor oil prices globally?

Key factors include global oversupply, reduced demand in cosmetics and pharma sectors, competitive Indian exports, currency fluctuations, and alternative oil market competition.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
o Spot Prices by Major Ports
o Price Breakup
o Price Trends by Region
o Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, "Castor Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition," presents a detailed analysis of Castor Oil price trend, offering key insights into global Castor Oil market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Castor Oil demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC's data-driven approach helps businesses navigate complex markets with precision and confidence.

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This release was published on openPR.