| Product Code: ETC5343589 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Israel`s castor oil import market in 2024 continued to showcase high concentration, with top exporting countries being the USA, India, Germany, UK, and Metropolitan France. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a dominant market presence of these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood impressively at 22.56%, with a notable growth rate spike of 49.14% from 2023 to 2024. This data suggests a strong and dynamic market for castor oil imports in Israel, with significant contributions from key exporting nations.

By 2027, the Castor Oil market in Israel is anticipated to reach a growth rate of 0.02%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

The castor oil market in Israel reflects the country`s legacy in agricultural innovation and its commitment to sustainable resource management. Castor oil, extracted from the seeds of the castor plant, is valued for its versatile applications in industries ranging from pharmaceuticals to cosmetics and lubricants. Israel farmers have embraced castor cultivation as a lucrative cash crop, supported by research initiatives aimed at optimizing yield and quality. Moreover, Israel expertise in organic farming practices has led to the production of premium-grade castor oil sought after by discerning consumers worldwide. As the demand for natural and eco-friendly products continues to rise, the Israel castor oil market presents opportunities for expansion and diversification into value-added derivatives and niche markets.
The market for castor oil could be driven by its diverse industrial applications including pharmaceuticals, cosmetics, and biofuels, increasing consumer awareness about the benefits of natural and organic products, growing demand for renewable energy sources, and government support for agricultural diversification.
In Israel, the castor oil market encounters challenges related to limited domestic production and dependence on imports. Despite the versatility and diverse applications of castor oil in various industries, including pharmaceuticals, cosmetics, and lubricants, Israel climate and soil conditions are not conducive to large-scale castor cultivation. As a result, the market relies heavily on imports, which can be subject to price fluctuations and supply chain disruptions. Market players face challenges in ensuring a stable supply of high-quality castor oil while balancing cost competitiveness and sustainability considerations.
The Israel government supports initiatives to enhance the competitiveness of the castor oil market through agricultural development programs, research investments, and export promotion strategies. Policies aim to increase domestic production, improve processing techniques, and expand market access for Israel castor oil producers. Regulatory measures ensure product quality, safety, and compliance with international standards. Additionally, the government encourages collaboration between industry players and academic institutions to drive innovation and sustainability in the castor oil sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Israel Castor Oil Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Castor Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Castor Oil Market - Industry Life Cycle |
3.4 Israel Castor Oil Market - Porter's Five Forces |
3.5 Israel Castor Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Israel Castor Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the benefits of castor oil for hair and skin care |
4.2.2 Increasing demand for bio-based and natural products in the cosmetics industry |
4.2.3 Rising use of castor oil in pharmaceuticals for its medicinal properties |
4.3 Market Restraints |
4.3.1 Fluctuations in castor oil prices due to supply chain disruptions |
4.3.2 Environmental concerns related to the cultivation and processing of castor beans |
4.3.3 Competition from alternative oils and synthetic ingredients in various applications |
5 Israel Castor Oil Market Trends |
6 Israel Castor Oil Market Segmentations |
6.1 Israel Castor Oil Market, By End Use |
6.1.1 Overview and Analysis |
6.1.2 Israel Castor Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.1.3 Israel Castor Oil Market Revenues & Volume, By Lubricants, 2021-2031F |
6.1.4 Israel Castor Oil Market Revenues & Volume, By Paints, 2021-2031F |
6.1.5 Israel Castor Oil Market Revenues & Volume, By Soaps, 2021-2031F |
6.1.6 Israel Castor Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Israel Castor Oil Market Import-Export Trade Statistics |
7.1 Israel Castor Oil Market Export to Major Countries |
7.2 Israel Castor Oil Market Imports from Major Countries |
8 Israel Castor Oil Market Key Performance Indicators |
8.1 Number of new product launches containing castor oil |
8.2 Percentage increase in the use of castor oil in cosmetics and personal care products |
8.3 Growth in research and development investments in exploring new applications for castor oil. |
9 Israel Castor Oil Market - Opportunity Assessment |
9.1 Israel Castor Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Israel Castor Oil Market - Competitive Landscape |
10.1 Israel Castor Oil Market Revenue Share, By Companies, 2024 |
10.2 Israel Castor Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |