What is the price of peppermint oil per kilogram/pound in China today?
The retail price range for China peppermint oil is between US$ 3.36 and US$ 8.16 per kilogram or between US$ 1.52 and US$ 3.70 per pound(lb). Click here to see today's exact prices of peppermint oil in China
The retail price range in Yuan Renminbi for peppermint oil is between CNY 23.55 and CNY 57.19 per kilogram or between CNY 10.68 and CNY 25.94 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China peppermint oil is between US$ 2.35 and US$ 5.71 per kilogram or between US$ 1.07 and US$ 2.59 per pound(lb).
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China Peppermint Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peppermint Oil from China over the last five years has been quite volatile. In 2013, the price was 36.20 US dollars, but it dropped to 13.49 US dollars in 2014. The price then increased to 14.12 US dollars in 2015, before dropping to 10.43 US dollars in 2016. In 2017, the price rose to 47.44 US dollars, before dropping to 23.21 US dollars in 2018. The price then increased to 27.93 US dollars in 2019, before dropping to 21.95 US dollars in 2020. The price then rose to 45.42 US dollars in 2021, before dropping to 44.83 US dollars in 2022. Based on this data, it is likely that the export price per kilogram of Peppermint Oil from China will be around 43.00 US dollars in 2023 and 44.00 US dollars in 2024.China Peppermint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peppermint Oil into China over the last five years has been quite volatile. In 2013, the price was 36.20 US dollars per kg, which dropped to 13.49 US dollars per kg in 2014. The price then increased to 14.12 US dollars per kg in 2015, before dropping to 10.43 US dollars per kg in 2016. In 2017, the price rose to 47.44 US dollars per kg, before dropping to 23.21 US dollars per kg in 2018. The price then increased to 27.93 US dollars per kg in 2019, before dropping to 21.95 US dollars per kg in 2020. In 2021, the price rose to 45.42 US dollars per kg, before dropping to 44.83 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Peppermint Oil into China will remain relatively stable in 2023 and 2024, with prices likely to be around 44.00 US dollars per kg.Export values for China peppermint oil
The total values in export for peppermint oil in China were US$ 5,373, US$ 427, US$ 441 and US$ 391 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 peppermint oil in other countries across Asia: Kazakhstan peppermint oil, Kyrgyzstan peppermint oil, Tajikistan peppermint oil, Turkmenistan peppermint oil, Uzbekistan peppermint oil, China peppermint oil, Hong Kong peppermint oil, Macao peppermint oil, North Korea peppermint oil & Mongolia peppermint oil.
China peppermint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 14 tonnes of peppermint oil. For the year 2019 alone, the interest in China peppermint oil (processed category) has decreased, with a change of -26.316 percent compared to the year 2018. Between 2017 and 2019, peppermint oil's exports grew by 55.56 pc netting the exporter US$0.39m for the year 2019. China's peppermint oil exports are categorised as:
- Oils of peppermint "Mentha piperita", whether or not terpeneless, incl. concretes and absolutes (HS code 330124)
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China peppermint oil export values
In 2019, China shipped peppermint oil with a value of 0.39m USD, a contraction of -11.56% from 2018's total peppermint oil export of 0.441m USD. The annual reduction in value of China peppermint oil between 2017 to 2018 was 3.279%.
The annual/yearly change in the quantity of China's peppermint oil exports between 2017 and 2019 was 55.56% in comparison to a variation of -26.316% in the period between 2018 and 2019.
China's stake of the world's total peppermint oil's exports in 2019 was 11.9%. China is ranked number 1 in world exports of peppermint oil.
Export markets for China peppermint oil ( in '000$ )
Import/Export Trends
China is a net exporter of peppermint oil. The annual growth of China peppermint oil in value between 2015 to 2019 was -5%, per year, while annual growth in quantity for the same period was -4%, per annum.
China brought in 218 tonnes of peppermint oil in 2019.