What is the price of essential oils per kilogram/pound in Iran today?
The retail price range for Iran essential oils is between US$ 6.37 and US$ 10.76 per kilogram or between US$ 2.89 and US$ 4.88 per pound(lb). Click here to see today's exact prices of essential oils in Iran
The retail price range in Iranian rial for essential oils is between IRR 318,662.25 and IRR 538,020.45 per kilogram or between IRR 144,518.03 and IRR 244,000.20 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran essential oils is between US$ 4.46 and US$ 7.53 per kilogram or between US$ 2.02 and US$ 3.42 per pound(lb).
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Iran Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Iran over the last five years has seen a significant decrease. In 2017, the price was 53.20 US $ per kg, followed by a sharp drop to 41.92 US $ per kg in 2018. This downward trend continued in 2019, with the price dropping to 20.42 US $ per kg. In 2020, the price further decreased to 8.98 US $ per kg, and in 2021, the price was 28.33 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Essential Oils from Iran in 2023 will be around 18.00 US $ per kg, and in 2024, the price will be around 8.00 US $ per kg.The Iran 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)
Iran Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Iran over the last five years has seen a significant decrease. In 2012, the price was 116.15 US dollars per kg, but by 2021, it had dropped to 28.33 US dollars per kg. This represents a decrease of 75.82 US dollars per kg, or 65.1%. The largest decrease was seen between 2016 and 2017, when the price dropped from 118.67 US dollars per kg to 53.2 US dollars per kg, a decrease of 65.47 US dollars per kg, or 55.2%. The price has remained relatively stable since 2017, with the most recent price in 2021 being 28.33 US dollars per kg. Based on this trend, it is likely that the price of Essential Oils in Iran will remain stable in the next two years, with a predicted price of 28.33 US dollars per kg in 2023 and 2024.Export values for Iran essential oils
The total values in export for essential oils in Iran were US$ 1,424, US$ 798, US$ 1,090 and US$ 1,521 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Iran: 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.
Iran essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran exported 18 tonnes of essential oils. For the year 2019 alone, the interest in Iran essential oils (processed category) has shrunk, flactuating by -30.769 pc compared to the year 2018. Between 2017 and 2019, essential oils' exports went up by 20% bringing the country US$1.52m for the year 2019. Iran's essential oils exports are classified as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Iran essential oils export values
In 2019, Iran sold essential oils worth 1.52m USD, an increase of 39.45% from 2018's total essential oils export of 1.09m USD. The annual change in value of Iran essential oils between 2017 to 2018 was 36.591 percent.
The annual/yearly change in the volume of Iran's essential oils exports between 2017 and 2019 was 20% when compared to a variation of -30.769% in the growth rate between 2018 and 2019.
Iran's portion of the world's total essential oils' exports in 2019 was less than 1%. The country is ranked position 64 in world exports of essential oils.
Export markets for Iran essential oils ( in '000$ )
Iran's best performing export markets for essential oils are Kuwait, Russia, South Africa, Iraq and Lithuania.
Iran ordered 77 tonnes of essential oils in 2019.