What is the price of mint oil per kilogram/pound in Egypt today?
The retail price range for Egypt mint oil is between US$ 8.89 and US$ 32.59 per kilogram or between US$ 4.03 and US$ 14.78 per pound(lb). Click here to see today's exact prices of mint oil in Egypt
The retail price range in Egyptian Pound for mint oil is between EGP 277.76 and EGP 1,018.46 per kilogram or between EGP 125.97 and EGP 461.89 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt mint oil is between US$ 6.22 and US$ 22.81 per kilogram or between US$ 2.82 and US$ 10.35 per pound(lb).
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Egypt Mint Oil Export Prices - Historical, Trends and Prediction
The export price of Mint Oil from Egypt has seen a significant increase over the last five years. In 2016, the price per kilogram was 22.80 US dollars, and by 2021, it had risen to 27.54 US dollars. This represents an increase of 21.7%. The highest price was recorded in 2014, when it reached 43.33 US dollars per kilogram. The lowest price was in 2013, when it was 7.54 US dollars per kilogram. Looking ahead, it is likely that the export price of Mint Oil from Egypt will continue to rise, with an estimated price of 30.45 US dollars per kilogram in 2023 and 32.45 US dollars per kilogram in 2024.Egypt Mint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mint Oil into Egypt over the last five years has been quite volatile. In 2016, the price was 22.80 US dollars per kg, followed by a sharp increase to 31.38 US dollars per kg in 2017. This was followed by a slight decrease to 35.34 US dollars per kg in 2018, and then a further decrease to 34.49 US dollars per kg in 2019. The price then dropped to 29.54 US dollars per kg in 2020, and then to 27.54 US dollars per kg in 2021. Based on this trend, it is likely that the price of Mint Oil in Egypt will continue to decrease in the coming years, and we can predict that the price in 2023 will be around 25.54 US dollars per kg, and in 2024 it will be around 23.54 US dollars per kg.Export values for Egypt mint oil
The total values in export for mint oil in Egypt were US$ 1,963, US$ 2,414, US$ 3,610 and US$ 1,420 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of mint oil in other countries across Africa: Algeria mint oil, Angola mint oil, Botswana mint oil, Burundi mint oil, Cameroon mint oil, Cape Verde mint oil, Central African Republic mint oil, Comoros mint oil, DRC Congo mint oil & Benin mint oil.
Egypt mint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 44 tonnes of mint oil. For the year 2019 alone, the demand for Egypt mint oil (processed category) has gone down, flactuating by -34.328 % compared to the year 2018. Between 2017 and 2019, mint oil's exports decreased by -75 pc earning the exporter US$1.42m for the year 2019. Egypt's mint oil exports are classified as:
- Oils of mints, whether or not terpeneless, incl. concretes and absolutes (excluding those of peppermint "Mentha piperita") (HS code 330125)
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Egypt mint oil export values
In 2019, Egypt exported mint oil with a value of 1.42m USD, a reduction of -60.66% from 2018's total mint oil export of 3.61m USD. The yearly change in value of Egypt mint oil between 2017 to 2018 was 49.544 per cent.
The yearly variation in the amount of Egypt's mint oil exports between 2017 and 2019 was -75 pc when compared to a variation of -34.328% in the growth rate between 2018 and 2019.
Egypt's stake of the world's total mint oil's exports in 2019 was less than 1%. Egypt holds number 21 in world exports of mint oil.
Export markets for Egypt mint oil ( in '000$ )
Import/Export Trends
Egypt is a net exporter of mint oil. The annual growth of Egypt mint oil in value between 2015 to 2019 was 144%, per year, while annual growth in quantity through the same period was 203%, per annum.
Egypt ordered 56 tonnes of mint oil in 2019.