What is the price of peppermint oil per kilogram/pound in India today?
The retail price range for India peppermint oil is between US$ 4.24 and US$ 5.12 per kilogram or between US$ 1.92 and US$ 2.32 per pound(lb). Click here to see today's exact prices of peppermint oil in India
The retail price range in Indian Rupee for peppermint oil is between INR 351.09 and INR 424.57 per kilogram or between INR 159.22 and INR 192.55 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India peppermint oil is between US$ 2.97 and US$ 3.59 per kilogram or between US$ 1.35 and US$ 1.63 per pound(lb).
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India Peppermint Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peppermint Oil from India over the last five years has seen a steady decline. In 2017, the price was 28.90 US dollars per kg, which dropped to 24.60 US dollars per kg in 2021. The lowest price was seen in 2020, when it was 25.87 US dollars per kg. Looking ahead, we can predict that the export price of Peppermint Oil from India will remain around 24.60 US dollars per kg in 2023 and 2024.India Peppermint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peppermint Oil into India over the last five years has seen a steady decline. In 2012, the price was $29.46, which dropped to $24.61 in 2013. This trend continued in 2014, when the price fell to $22.54. In 2015, the price remained steady at $22.4, before increasing slightly to $23.57 in 2016. However, the price rose again in 2017 to $28.90, before peaking at $30.22 in 2018. Since then, the price has decreased to $30.20 in 2019 and $25.87 in 2020. The most recent data shows that the price has dropped to $24.60 in 2021. Based on the current trend, it is likely that the price of Peppermint Oil will continue to decrease in the next two years. We can predict that the price in 2023 will be around $23.50 and in 2024 it will be around $22.50.Export values for India peppermint oil
The total values in export for peppermint oil in India were US$ 42,398, US$ 67,361, US$ 69,658 and US$ 71,024 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 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.
India peppermint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 2,352 tonnes of peppermint oil. Across 2019 alone, the market for India peppermint oil (processed category) has improved, changing by 2.039 percent compared to the year 2018. Between 2017 and 2019, peppermint oil's exports increased by 0.9% bringing the exporter US$71.02m for the year 2019. India's peppermint oil exports are classified as:
- Oils of peppermint "Mentha piperita", whether or not terpeneless, incl. concretes and absolutes (HS code 330124)
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India peppermint oil export values
In 2019, India supplied peppermint oil with a value of 71.02m USD, a growth of 1.96% from 2018's total peppermint oil export of 69.658m USD. The yearly growth in value of India peppermint oil between 2017 to 2018 was 3.41 per cent.
The per year change in the quantity of India's peppermint oil exports between 2017 and 2019 was 0.9 pc when compared to a variation of 2.039% in the growth rate between 2018 and 2019.
Export markets for India peppermint oil ( in '000$ )
India bought 2,352 tonnes of peppermint oil in 2019.