What is the price of essential oils per kilogram/pound in Indonesia today?
The retail price range for Indonesia essential oils is between US$ 7.96 and US$ 24.17 per kilogram or between US$ 3.61 and US$ 10.96 per pound(lb). Click here to see today's exact prices of essential oils in Indonesia
The retail price range in Rupiah for essential oils is between IDR 132,675.50 and IDR 402,822.00 per kilogram or between IDR 60,170.29 and IDR 182,685.71 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia essential oils is between US$ 5.57 and US$ 16.92 per kilogram or between US$ 2.53 and US$ 7.67 per pound(lb).
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Indonesia Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Indonesia over the last five years has been quite varied. In 2017, the price was 34.33 US $ per kg, followed by a decrease to 30.49 US $ per kg in 2018. In 2019, the price dropped further to 27.38 US $ per kg, before increasing to 28.45 US $ per kg in 2020. The price then rose to 32.91 US $ per kg in 2021, before dropping to 30.59 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Essential Oils from Indonesia will be 31.45 US $ per kg in 2023 and 32.19 US $ per kg in 2024.The essential oils exports from Indonesia are categorised as:
- 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)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
Indonesia Essential Oils Import Prices - Historical, Trends and Prediction
The import prices of Essential Oils into Indonesia over the last five years have been quite varied. In 2016, the price per kilogram was $32.21, which was the highest of the five-year period. This was followed by 2017, when the price was $34.33. In 2018, the price dropped to $30.49, and then further decreased to $27.38 in 2019. The most recent year, 2020, saw a slight increase to $28.45, and 2021 saw a further increase to $32.91. Finally, the price dropped again in 2022 to $30.59. Based on this data, it is likely that the price of Essential Oils into Indonesia will remain around the $30.00 mark in 2023 and 2024.Export values for Indonesia essential oils
The total values in export for essential oils in Indonesia were US$ 56,302, US$ 135,240, US$ 144,938 and US$ 126,481 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: 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.
Indonesia essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 4,619 tonnes of essential oils. In 2019 alone, the demand for Indonesia essential oils (processed category) has shrunk, recording a change of -2.84 pc compared to the year 2018. Between 2017 and 2019, essential oils' exports increased by 17.26% earning Indonesia US$126.48m for the year 2019. Indonesia's essential oils exports are classified as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Indonesia essential oils export values
In 2019, Indonesia supplied essential oils worth 126.48m USD, a reduction of -12.74% from 2018's total essential oils export of 144.938m USD. The yearly reduction in value of Indonesia essential oils between 2017 to 2018 was 7.171 per cent.
The per year change in the volume of Indonesia's essential oils exports between 2017 and 2019 was 17.26 percent compared to a variation of -2.84% in the period between 2018 and 2019.
Indonesia's share of the world's total essential oils' exports in 2019 was 2 per cent. The country holds number 10 in world exports of essential oils.
Export markets for Indonesia essential oils ( in '000$ )
Indonesia's top export markets for essential oils are US, India, France, China and Singapore.
Import/Export Trends
Indonesia is a net exporter of essential oils. The annual growth of Indonesia essential oils in value between 2015 to 2019 was 74%, per annum, while annual growth in quantity through the same period was 76%, per annum.
Indonesia brought in 5,912 tonnes of essential oils in 2019.