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India Dominates Global Castor Oil Market, Meets 90% Demand
8 Jan
Summary
- India supplies over 90% of the world's castor oil demand.
- Annual castor oil and derivatives exports are valued at ₹15,000 crore.
- The 24th SEA-Global Castor Conference 2026 will convene in Gujarat.
India commands a dominant position in the global castor market, supplying over 90% of the world's demand for castor oil. The country's annual exports of castor oil and its derivatives are valued at an impressive ₹15,000 crore, underscoring its critical role in the over $6 billion global market.
The Solvent Extractors' Association of India (SEA) is organizing the 24th SEA-Global Castor Conference 2026. This significant event will be held in Gandhinagar, Gujarat, on February 27-28, bringing together around 400 delegates.
The conference aims to tackle key issues within the castor industry, fostering fruitful interactions among policymakers, industry leaders, researchers, and farmers. Participants will engage in open discussions to find solutions for challenges related to short cycle varieties and yield enhancement, while also exploring new business opportunities.
