Past Supply and Present Demand Although castor oil is an industrial raw material or intermediate input, there are no industries in Ethiopia which make use of it. Therefore, it has no market potential locally at present, and there is no indication that it will be demanded in meaningful quantity in the near future.
Where does castor plant grow in Ethiopia?
Ethiopia is a land of diversified plants origins and castor plant is amongst the native plants to the Ethiopian region of tropical East Africa and it grows naturally and abundantly in the highlands (Alemaw et al. 2014) and some lowland rural areas of southern parts of Ethiopia.
Which country produces castor oil?
India is the largest producer and exporter of the castor oil ( www.statista.com ). Castor oil is an important feedstock for the chemical industry which is mostly utilized for biodiesel production and pharmaceutical application because it is the only commercial source of hydroxylated fatty acid [ 3 ].
How many liters of castor oil is produced per hectare?
The productivity of the farm is assumed to be 10 qts. per hectare in each production season. The whole produce will be processed for castor oil extraction. The processing plant will be with 270 thousand liters of castor oil producing capacity per annum. 2. Production Programme