What is the price of mint oil per kilogram/pound in Indonesia today?
The retail price range for Indonesia mint oil is between US$ 4.39 and US$ 6.34 per kilogram or between US$ 1.99 and US$ 2.88 per pound(lb). Click here to see today's exact prices of mint oil in Indonesia
The retail price range in Rupiah for mint oil is between IDR 73,177.50 and IDR 105,700.83 per kilogram or between IDR 33,187.07 and IDR 47,936.89 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia mint oil is between US$ 3.07 and US$ 4.44 per kilogram or between US$ 1.39 and US$ 2.01 per pound(lb).
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Indonesia Mint Oil Export Prices - Historical, Trends and Prediction
The export price of Mint Oil from Indonesia has seen a steady increase over the last five years. In 2017, the price per kilogram was $30.00, and by 2021, it had risen to $50.97. The highest price was recorded in 2020 at $51.06 per kilogram. The current price is $42.04 per kilogram. Based on this trend, it is likely that the export price of Mint Oil from Indonesia will continue to increase in the next two years, with an estimated price of $53.06 for 2023 and $55.06 for 2024.Indonesia Mint Oil Import Prices - Historical, Trends and Prediction
The import price of Mint Oil into Indonesia has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at 48.32 US$ per kg, before dropping to 30.00 US$ per kg in 2017. Since then, the price has been steadily increasing, reaching 47.05 US$ per kg in 2019 and 51.06 US$ per kg in 2020. The most recent data shows that the price has dropped slightly to 50.97 US$ per kg in 2021. Based on this trend, it is likely that the import price of Mint Oil into Indonesia will continue to remain around the 50 US$ per kg mark in the next two years, with a predicted price of 51.04 US$ per kg in 2023 and 50.91 US$ per kg in 2024.Export values for Indonesia mint oil
The total values in export for mint oil in Indonesia were US$ 20,922, US$ 90, US$ 3,476 and US$ 8,892 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 mint oil in other countries across Asia: Kazakhstan mint oil, Kyrgyzstan mint oil, Tajikistan mint oil, Turkmenistan mint oil, Uzbekistan mint oil, China mint oil, Hong Kong mint oil, Macao mint oil, North Korea mint oil & Mongolia mint oil.
Indonesia mint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 189 tonnes of mint oil. Across 2019 alone, the demand for Indonesia mint oil (processed category) has surged, recording a change of 114.773 % compared to the year 2018. Between 2017 and 2019, mint oil's exports grew by 6200 pc earning the nation US$8.89m for the year 2019. Indonesia's mint oil exports are categorised as:
- Oils of mints, whether or not terpeneless, incl. concretes and absolutes (excluding those of peppermint "Mentha piperita") (HS code 330125)
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Indonesia mint oil export values
In 2019, Indonesia supplied mint oil with a value of 8.89m USD, a surge of 155.75% from 2018's total mint oil export of 3.476m USD. The annual increase in value of Indonesia mint oil between 2017 to 2018 was 3762.222 per cent.
The annual variation in the amount of Indonesia's mint oil exports between 2017 and 2019 was 6200 per cent in comparison to a variation of 114.773% in the period between 2018 and 2019.
Indonesia's stake of the world's total mint oil's exports in 2019 was less than 1%. Indonesia is ranked number 61 in world exports of mint oil.
Export markets for Indonesia mint oil ( in '000$ )
Indonesia procured 79 tonnes of mint oil in 2019.