What is the price of essential oils per kilogram/pound in India today?
The retail price range for India essential oils is between US$ 5.24 and US$ 14.78 per kilogram or between US$ 2.38 and US$ 6.70 per pound(lb). Click here to see today's exact prices of essential oils in India
The retail price range in Indian Rupee for essential oils is between INR 434.49 and INR 1,224.46 per kilogram or between INR 197.05 and INR 555.31 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India essential oils is between US$ 3.67 and US$ 10.35 per kilogram or between US$ 1.66 and US$ 4.69 per pound(lb).
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India Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from India over the last five years has seen a steady decline. In 2021, the price was 39.04 US $ per kg, which is a decrease of 3.71 US $ per kg from the price in 2020. The price in 2020 was 35.38 US $ per kg, which is a decrease of 4.17 US $ per kg from the price in 2019. The price in 2019 was 40.55 US $ per kg, which is a decrease of 4.65 US $ per kg from the price in 2018. The price in 2018 was 45.20 US $ per kg, which is a decrease of 1.75 US $ per kg from the price in 2017. The price in 2017 was 43.05 US $ per kg, which is an increase of 0.71 US $ per kg from the price in 2016. Based on this trend, it is predicted that the export price per kilogram of Essential Oils from India in 2023 will be around 33.63 US $ per kg and in 2024 will be around 32.22 US $ per kg.The exports of essential oils from India 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)
India Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into India over the last five years has seen a steady decline. In 2012, the price was 51.97 US dollars per kg, which dropped to 42.68 US dollars per kg in 2013. This trend continued in 2014, when the price was 42.77 US dollars per kg, and in 2015, when the price was 41.3 US dollars per kg. In 2016, the price increased slightly to 43.76 US dollars per kg, before dropping again to 43.05 US dollars per kg in 2017. The price then increased to 45.2 US dollars per kg in 2018, before dropping to 40.55 US dollars per kg in 2019. The most recent data shows that the price has dropped further to 35.38 US dollars per kg in 2020. Looking ahead, we predict that the price of Essential Oils will increase to 39.04 US dollars per kg in 2021, and further to 41.00 US dollars per kg in 2022. We predict that the price will remain relatively stable in 2023, at 41.50 US dollars per kg, and will increase slightly to 42.00 US dollars per kg in 2024.Export values for India essential oils
The total values in export for essential oils in India were US$ 96,485, US$ 105,988, US$ 103,787 and US$ 110,124 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Asia: Kazakhstan essential oils, Kyrgyzstan essential oils, Tajikistan essential oils, Turkmenistan essential oils, Uzbekistan essential oils, China essential oils, Hong Kong essential oils, Macao essential oils, North Korea essential oils & Mongolia essential oils.
India essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 2,716 tonnes of essential oils. For 2019 alone, the interest in India essential oils (processed category) has escalated, with a change of 18.293 percent compared to the year 2018. Between 2017 and 2019, essential oils' exports went up by 10.32% earning the exporter US$110.12m for the year 2019. India's essential oils exports are categorised as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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India essential oils export values
In 2019, India shipped essential oils costing 110.12m USD, a growth of 6.10% from 2018's total essential oils export of 103.787m USD. The annual growth in value of India essential oils between 2017 to 2018 was -2.077 percent.
The annual change in the volume of India's essential oils exports between 2017 and 2019 was 10.32 percent compared to a variation of 18.293% in the period between 2018 and 2019.
Export markets for India essential oils ( in '000$ )
India's top export markets for essential oils are US, China, Germany, Indonesia and United Kingdom (UK).
India procured 2,716 tonnes of essential oils in 2019.