What is the price of essential oils per kilogram/pound in Australia today?
The retail price range for Australia essential oils is between US$ 11.61 and US$ 52.23 per kilogram or between US$ 5.26 and US$ 23.69 per pound(lb). Click here to see today's exact prices of essential oils in Australia
The retail price range in Australian Dollar for essential oils is between AUD 17.46 and AUD 78.58 per kilogram or between AUD 7.92 and AUD 35.64 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia essential oils is between US$ 8.13 and US$ 36.56 per kilogram or between US$ 3.68 and US$ 16.58 per pound(lb).
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Australia Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Canada has seen a steady increase over the last five years. In 2017, the price was 52.59 US $ per kg, and in 2021 it was 36.69 US $ per kg. This represents an increase of 15.90 US $ per kg. The highest price was in 2015, when it was 44.41 US $ per kg. The lowest price was in 2020, when it was 34.13 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Essential Oils from Canada will be 41.62 US $ per kg in 2022, and will continue to increase in 2023 and 2024.
The Australia essential oils exports are categorised as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
Australia Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Australia has seen a steady increase over the last five years. In 2016, the price was at $43.35, and by 2021, it had risen to $49.13. This represents an increase of 13.7%. The highest price was in 2021, at $49.13, and the lowest was in 2020, at $39.94. The average price for the last five years was $45.26. Based on this trend, it is predicted that the import price per kilogram of Essential Oils into Australia will be $53.77 in 2023 and $56.20 in 2024.Export values for Australia essential oils
The total values in export for essential oils in Australia were US$ 47,033, US$ 58,311, US$ 54,488 and US$ 47,528 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Oceania: Fiji essential oils, French Polynesia essential oils, Guam essential oils, Micronesia essential oils, New Caledonia essential oils, Papua New Guinea essential oils, Samoa essential oils, Solomon Islands essential oils, Tonga essential oils & Vanuatu essential oils.
Australia essential oils - Production, Exports, Imports, Seasons and HS Codes
The volume of essential oils shipped by Australia in 2020 was 1,485 metric tonnes. In 2019 Australia sold 1,050 tonnes of essential oils. Across 2019 alone, the market for Australia essential oils (processed category) has reduced, flactuating by -23.302 % compared to the year 2018. Between 2017 and 2019, essential oils' exports reduced by -17.9% netting Australia US$47.53m for the year 2019. Australia's essential oils exports are categorised as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Australia essential oils export values
In 2019, Australia exported essential oils with a value of 47.53m USD, a decrease of -12.77% from 2018's total essential oils export of 54.488m USD. The yearly reduction in value of Australia essential oils between 2017 to 2018 was -6.556 pc.
The annual variation in the volume of Australia's essential oils exports between 2017 and 2019 was -17.9% in comparison to a variation of -23.302% in the period between 2018 and 2019.
Australia's share of the world's total essential oils' exports in 2019 was less than 1%. The country holds number 51 in world exports of essential oils.
Export markets for Australia essential oils ( in '000$ )
Australia's best performing export markets for essential oils are US, Germany, New Zealand, China and the Netherlands.
Import/Export Trends
Australia is a net exporter of essential oils. The annual growth of Australia essential oils in value between 2015 to 2019 was 183%, per annum, while annual growth in quantity through the same period was -9%, per annum.
Australia ordered 1,580 tonnes of essential oils in 2019.