COMMODITY
India's exports of castor oil declines marginally in March 2025
Apr-21-2025

Solvent Extractors' Association of India (SEA) has said that India's export of castor oil declined marginally by 0.58% to 64,791 metric tonnes (MT) (Provisional) in the month of March 2025 as compared to 65,170 MT (Provisional) in the same month last year. In the value terms, India exported castor oil worth Rs 851.62 crore in March 2025 as against Rs 804.18 crore in March 2024, i.e. up by 5.89%. 

According to SEA data, India's export of castor oil stood at 662,598 MT in FY25 as compared to 646,702 MT in FY24. In the month of February 2025, castor oil export stood at 43,166 MT, while its value stood at Rs 587.03 crore. 

India is the largest producer of castor seed in the world and Gujarat is the largest in India. Castor oil is an important ingredient for the global specialty chemical industry as it is the only commercial source of hydroxylate fatty acid. Castor oil is used for a number of industrial applications including paints, varnish, resins and plasticisers.

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