Castor is a widely used non-edible oilseed in the manufacture of a variety of industries such as cosmetics, lubricants, pharmaceuticals, specialty rubber etc. Castor is cultivated around 30 countries in the world as a commercial crop.

Castor oil is used as a raw material in the manufacture of a number of chemicals used in the manufacture of surfactants, specialty soaps, surface coatings, cosmetics and personal care products, pharmaceuticals, perfumes, plasticisers, greases and lubricants, and specialty rubber etc

Castor is an important non-edible oilseed crop and is grown especially in arid and semi arid region. It is originated in the tropical belt of both India and Africa. It is cultivated in 30 different countries on commercial scale, of which India, China, Brazil, USSR, Thailand Ethiopia and Philippines are major castor growing accounts about 88 per cent of the world's production. Historically, Brazil, China and India have been the key producing countries meeting global requirements. However, in early 90's, Brazilian farmers moved away to more lucrative cash crops, and surge in domestic demand in China made them net importers, leaving India to meet the global demand

Global Situation

Global output of castor oil is estimated to be around 500,000-550,000 ton with India contributing more than 50% of it. Global trade in castor is estimated to be over 300,000 ton per year on an average. The major consuming countries are countries in the European Union, U.S. and Japan. China and India are also emerging fast as major consumers.

Indian Situation

As the leading producer and exporter India plays a significant role in global castor oil sector. Indian production ranges between 250,000-350,000 ton per year. Indian castor is credited with 48% oil content out of which 42% could be extracted. Sowing season of castor in India is July-August and harvesting from December-January. The average Indian consumption of castor oil is 100,000 ton per year. On an average soap makers accounts for 25,000 ton while paint and allied sectors consumes 35,000 ton of the Indian consumption. Gujarat is the leading producer of castor in the country with nearly 85% of the output. India exports two grades of castor oil – special grade castor oil and castor oil.

Market Situation

Fortunes of the Indian castor are shaped by monsoon, Chinese and Brazilian crop size, comparative price with other vegetable oils and global demand situation. Normally prices tend to show a seasonal variation of 200-350 rupees per 100 kg.