What is the price of mint oil per kilogram/pound in China today?
The retail price range for China mint oil is between US$ 15.80 and US$ 21.55 per kilogram or between US$ 7.17 and US$ 9.77 per pound(lb). Click here to see today's exact prices of mint oil in China
The retail price range in Yuan Renminbi for mint oil is between CNY 110.80 and CNY 151.09 per kilogram or between CNY 50.25 and CNY 68.52 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China mint oil is between US$ 11.06 and US$ 15.08 per kilogram or between US$ 5.02 and US$ 6.84 per pound(lb).
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China Mint Oil Export Prices - Historical, Trends and Prediction
The export price of Mint Oil from China has seen a steady decline over the last five years. In 2012, the export price per kilogram was 31.18 US dollars, but by 2016, it had dropped to 14.70 US dollars. In 2017, the price increased to 18.21 US dollars, before dropping again to 23.00 US dollars in 2019. The most recent data shows that the export price per kilogram is 22.81 US dollars in 2021. Based on this trend, it is predicted that the export price of Mint Oil from China will be 19.35 US dollars in 2023 and 17.15 US dollars in 2024.China Mint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mint Oil into China over the last five years has seen a steady decline. In 2016, the price was $14.70, followed by $16.97 in 2015, $17.91 in 2014, and $24.75 in 2013. The highest price was recorded in 2012 at $31.18. In 2017, the price rose to $18.21, before dropping again to $23.00 in 2019. The most recent data shows that the price of Mint Oil in China is $22.13 in 2020 and $22.81 in 2021. Based on this trend, it is predicted that the price of Mint Oil in China will be $19.55 in 2022 and $17.90 in 2023.Export values for China mint oil
The total values in export for mint oil in China were US$ 24,758, US$ 19,028, US$ 21,685 and US$ 16,958 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of mint oil in other countries across Asia: Kazakhstan mint oil, Kyrgyzstan mint oil, Tajikistan mint oil, Turkmenistan mint oil, Uzbekistan mint oil, China mint oil, Hong Kong mint oil, Macao mint oil, North Korea mint oil & Mongolia mint oil.
China mint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 737 tonnes of mint oil. For the year 2019 alone, the demand for China mint oil (processed category) has shrunk, flactuating by -18.564 % compared to the year 2018. Between 2017 and 2019, mint oil's exports decreased by -27.82% netting the nation US$16.96m for the year 2019. China's mint oil exports are categorised as:
- Oils of mints, whether or not terpeneless, incl. concretes and absolutes (excluding those of peppermint "Mentha piperita") (HS code 330125)
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China mint oil export values
In 2019, China sold mint oil valued at 16.96m USD, a decrease of -21.79% from 2018's total mint oil export of 21.685m USD. The annual change in value of China mint oil between 2017 to 2018 was 13.964 percent.
The annual/yearly change in the quantity of China's mint oil exports between 2017 and 2019 was -27.82% in comparison to a variation of -18.564% in the period between 2018 and 2019.
China's share of the world's total mint oil's exports in 2019 was less than 1%. The country holds number 24 in world exports of mint oil.
Export markets for China mint oil ( in '000$ )
Import/Export Trends
China is a net importer of mint oil. The annual growth of China mint oil in value between 2015 to 2019 was -8%, per year, while annual growth in quantity during the same period was -17%, per annum.
China bought 1,573 tonnes of mint oil in 2019.