What is the price of essential oils per kilogram/pound in Belize today?
The retail price range for Belize essential oils is between US$ 27.80 and US$ 43.14 per kilogram or between US$ 12.61 and US$ 19.56 per pound(lb). Click here to see today's exact prices of essential oils in Belize
The retail price range in Belize Dollar for essential oils is between BZD 56.02 and BZD 86.93 per kilogram or between BZD 25.40 and BZD 39.43 per pound(lb) in Belmopan and San Ignacio.
Wholesale prices
In 2024, the approximate wholesale price range for Belize essential oils is between US$ 19.46 and US$ 30.20 per kilogram or between US$ 8.82 and US$ 13.69 per pound(lb).
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Belize essential oils - Production, Exports, Imports, Seasons and HS Codes
The amount of essential oils sold by Belize in 2020 was 87 metric tons. In 2019 Belize sold 53 tonnes of essential oils. For the year 2019 alone, the market for Belize essential oils (processed category) has shrunk, flactuating by -81.973 percent compared to the year 2018. Between 2017 and 2019, essential oils' exports reduced by -87.44% bringing the country US$1.03m for the year 2019. Belize's essential oils exports are classified as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Belize essential oils export values
In 2019, Belize shipped essential oils valued at 1.03m USD, a contraction of -61.51% from 2018's total essential oils export of 2.676m USD. The annual reduction in value of Belize essential oils between 2017 to 2018 was 18.302 pc.
The per year change in the quantity of Belize's essential oils exports between 2017 and 2019 was -87.44 percent compared to a variation of -81.973% in the period between 2018 and 2019.
Belize's stake of the world's total essential oils' exports in 2019 was 2 per cent. The country holds number 11 in world exports of essential oils.
Export markets for Belize essential oils ( in '000$ )
Belize's best performing destinations for essential oils are Germany, US, Colombia, France and El Salvador.
Import/Export Trends
Belize is a net exporter of essential oils. The annual growth of Belize essential oils in value between 2015 to 2019 was 37%, per year, while annual growth in quantity through the same period was 30%, per annum.
Belize imported 3 tonnes of essential oils in 2019.