Key Highlights:
India, the world's leading producer and exporter of castor oil, continues to dominate the global market in 2025. With over 85% of the world's castor seed production, the country remains the backbone of industries relying on this versatile oil—from pharmaceuticals and cosmetics to bio-based lubricants and industrial applications.
As global demand surges, driven by sustainability trends and increased industrial usage, India's castor oil exports are witnessing notable shifts in market dynamics.
In this blog, we'll explore the latest market insights on castor oil export from India, castor oil HS codes, and castor oil exporters in India.
India is one of the best producers of castor seed. India accounts for 85 percent of the global castor seed output.
Additionally, castor oil production in India will likely witness a 9 percent growth from the 2023-24 season to October. According to the Solvent Extractors' Association of India, India was estimated to produce 20.54 lakh tonnes (lt) of castor seed during 2023-24 against 18.81 lt in 2022-23.
However, in 2024, India produced about 1.9 million metric tons of castor seeds.
On average, India produces around 800,000 tonnes of castor oil and ships over 60% of total oil production to other countries.
India's significant castor oil-producing states are Gujarat, Rajasthan, Andhra Pradesh, Telangana, and Odisha.
Castor oil industry in India: In 2023, the Indian castor oil and derivatives market brought in USD 81.0 million, and by 2030, it is projected to bring in USD 108.7 million. From 2024 to 2030, the India market is anticipated to expand at a CAGR of 4.3%. In 2023, the product that generated the most revenue per segment was hydrogenated castor oil.
Here is the table on data of the castor oil export from India for 2023-24:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As per castor oil export data, India is the world's largest exporter of castor oil and exported a total of $1,009,267.91K worth of castor oil in 2023-24, amounting to 629,846,000 kilograms
Castor oil export from India had 12,347 shipments from Mar 2023 to Feb 2024 (TTM). These exports were made by 1,153 Indian exporters to 4,156 buyers, marking a growth rate of 39% compared to the preceding twelve months, based on castor oil export data.
The castor oil HS code is 151530. This code applies to other fixed vegetable fats and oils, including castor oil and its fractions.
India’s castor oil exports showed mixed performance in 2025–26. In August 2025, exports declined to 40,592 MT, a 17.95% drop compared to August 2024, with export value reaching ?561.96 crore (down 7.50% YoY).
However, cumulative exports during April–August 2025 totaled 301,065 MT. Meanwhile, castor seed production is expected to rise to 1.76 million tonnes in 2025–26, supported by higher yields in Gujarat and Rajasthan. Key export destinations include China, the Netherlands, the USA, France, and Japan.
| Indicator | Data |
| Export Decline (Aug 2025) | 40,592 MT exported, down 17.95% compared to Aug 2024 |
| Export Value (Aug 2025) | Rs. 561.96 crore, 7.50% decline YoY |
| Cumulative Exports (Apr–Aug 2025) | 301,065 MT |
| Production Forecast (2025–26) | 1.76 million tonnes, 11% increase |
| Price Forecast (Oct 2025) | Rs. 5,700 – Rs. 6,000 per quintal |
| Key Export Destinations | China, Netherlands, USA, France, Japan |
| Top Exporters | Amee Castor & Derivatives Ltd, Gokul Overseas, Jaksh Castor Products Pvt Ltd |
India exports castor oil to over 134 countries, with exports in 2020-21 valued at US$ 622.6 million.
India alone accounts for 65% of worldwide castor oil production and over 87% of global exports, as per castor oil export data.
China, France, the Netherlands, South Korea, and the USA account for over 78% of the total export of castor oil from India, the top Indian castor oil market.
Based on castor oil export data, China is the largest market for Indian castor oil, importing US$ 279.14 million worth of products in 2023-24. This was followed by
Increasing applications in China and Brazil are factors behind growing castor oil export from India, which are currently estimated at around US$ 800 million, with China, Europe, Japan, and Thailand among its top destinations.
Here is the list of top castor oil exporting countries:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thus, these are the leading exporters of castor oil. Visit Seair Exim Solutions to analyze castor oil export data and castor oil HS codes or learn more about castor oil buyers in India, castor oil exporters, and castor oil export from India.
Below is the list of castor oil exporters in India:
So, major castor oil exporters in India include Amee Castor & Derivatives Ltd, Castor Products Company, Castrochem Pvt Ltd, and Gokul Overseas. However, the primary destinations for castor seed export from India are the Netherlands, France, and South Korea. Also looking for castor oil buyers in India, castor oil HS codes, or suppliers? Explore castor oil export data at our data-driven dashboard today.
The future of castor oil export from India looks promising due to growing applications in various industries like pharmaceuticals, cosmetics, and biofuels, solidifying India's position as the leading global exporter of castor oil.
Castor oil is becoming increasingly popular among manufacturers as the food processing industry grows and ready-to-eat meals become more popular. India can further expand its market reach by exploring new markets and developing value-added castor oil products.
Also, traders can use castor oil export data at Seair to find possible castor oil exporters in India, castor oil HS codes, and castor oil buyers worldwide to take advantage of these opportunities. Seair Exim Solutions offers comprehensive data on castor oil export from India.
Finding castor oil buyers through Seair Exim Solutions is a straightforward and efficient process, thanks to its comprehensive trade database and analytical tools. Here's a step-by-step guide to help you identify potential buyers globally for castor oil export from India:
Therefore, the export of castor oil from India can be profitable if the proper approach is used. Businesses may meet the rising demand for Indian castor oils worldwide by being aware of the market's trends, quality standards, and regulatory needs. Seair Exim Solutions helps Indian exporters make wise choices and build successful relationships in the international market by offering data on consumer preferences, market trends, and rival strategies.
Moreover, if you have questions regarding castor oil export from India, castor oil buyers, castor oil exporters in India, castor oil HS codes, or castor oil export data, please don’t hesitate to contact us by clicking here. Schedule a free live demo for further assistance!
1. Does India export castor oil?
Yes, India exports castor oil in large quantities all over the world. In 2023-24, India exported castor seed and oil worth 1.01 billion.
2. Who buys castor oil in the world?
The top importers of castor oil in 2023 were China, the European Union, the United States, Germany, and France.
3. Which country is best for castor oil?
India alone accounts for 65% of worldwide castor oil production and over 87% of global exports, as per castor oil export data.
4. Why is China buying castor oil?
The primary reason why China buys castor oil is due to the fact it is an essential raw material for many industrial processes, such as the manufacturing of plastics, resins, paints, and lubricants. A sizable amount of this oil is utilised to make sebacic acid, a fundamental industrial chemical component.
5. Who is the largest exporter of castor seed?
India is the largest exporter of castor oil and seed. In 2023-24, India exported castor seed and oil worth 1.01 billion.
6. Which state in India is the largest producer of castor seed?
India's significant castor oil-producing states are Gujarat, Rajasthan, Andhra Pradesh, Telangana, and Odisha. Out of all, Gujarat produced the most castor oil.
HS code for castor oil: 15153090
We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
Copyright © 2009 - 2026 www.seair.co.in. All Rights Reserved.
Leave a Comment