What is the price of peppermint oil per kilogram/pound in Indonesia today?
The retail price range for Indonesia peppermint oil is between US$ 10.51 and US$ 20.10 per kilogram or between US$ 4.76 and US$ 9.12 per pound(lb). Click here to see today's exact prices of peppermint oil in Indonesia
The retail price range in Rupiah for peppermint oil is between IDR 175,108.75 and IDR 335,025.42 per kilogram or between IDR 79,414.40 and IDR 151,938.96 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia peppermint oil is between US$ 7.35 and US$ 14.07 per kilogram or between US$ 3.34 and US$ 6.38 per pound(lb).
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Indonesia Peppermint Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peppermint Oil from Indonesia has seen a steady increase over the last five years. In 2013, the price was 7.00 US dollars per kg, and by 2018 it had risen to 30.50 US dollars per kg. In 2019, the price rose further to 32.20 US dollars per kg, before dropping to 25.27 US dollars per kg in 2020. The price then increased again to 28.45 US dollars per kg in 2021, and is currently at 28.00 US dollars per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Peppermint Oil from Indonesia will continue to increase in the next two years, with an estimated price of around 29.50 US dollars per kg in 2023 and 31.00 US dollars per kg in 2024.Indonesia Peppermint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peppermint Oil into Indonesia has seen a steady increase over the last five years. In 2017, the price was 17.80 US dollars per kg, and by 2021 it had risen to 28.45 US dollars per kg. The highest price was recorded in 2019, when it reached 32.20 US dollars per kg. The most recent price in 2022 was 28.00 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Peppermint Oil into Indonesia will continue to increase in the coming years. We can predict that the price in 2023 will be around 30.00 US dollars per kg, and in 2024 it will be around 32.00 US dollars per kg.Export values for Indonesia peppermint oil
The total values in export for peppermint oil in Indonesia were US$ 192, US$ 89, US$ 183 and US$ 322 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 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.
Indonesia peppermint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 10 tonnes of peppermint oil. For the year 2019 alone, the market for Indonesia peppermint oil (processed category) has climbed, recording a change of 66.667 % compared to the year 2018. Between 2017 and 2019, peppermint oil's exports went up by 100 percent earning the nation US$0.32m for the year 2019. Indonesia's peppermint oil exports are classified as:
- Oils of peppermint "Mentha piperita", whether or not terpeneless, incl. concretes and absolutes (HS code 330124)
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Indonesia peppermint oil export values
In 2019, Indonesia shipped peppermint oil worth 0.32m USD, a surge of 74.86% from 2018's total peppermint oil export of 0.183m USD. The yearly growth in value of Indonesia peppermint oil between 2017 to 2018 was 105.618 per cent.
The annual/yearly variation in the volume of Indonesia's peppermint oil exports between 2017 and 2019 was 100 per cent when compared to a variation of 66.667% in the growth rate between 2018 and 2019.
Indonesia's stake of the world's total peppermint oil's exports in 2019 was less than 1%. The country is ranked position 61 in world exports of peppermint oil.
Export markets for Indonesia peppermint oil ( in '000$ )
Import/Export Trends
Indonesia is a net importer of peppermint oil. The annual growth of Indonesia peppermint oil in value between 2015 to 2019 was 20%, per annum, while annual growth in quantity was %, per annum.
Indonesia bought 692 tonnes of peppermint oil in 2019.