What is the price of mint oil per kilogram/pound in Iran today?
The retail price range for Iran mint oil is between US$ 2.14 and US$ 5.60 per kilogram or between US$ 0.97 and US$ 2.54 per pound(lb). Click here to see today's exact prices of mint oil in Iran
The retail price range in Iranian rial for mint oil is between IRR 107,096.00 and IRR 279,910.00 per kilogram or between IRR 48,569.61 and IRR 126,943.31 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran mint oil is between US$ 1.50 and US$ 3.92 per kilogram or between US$ 0.68 and US$ 1.78 per pound(lb).
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Iran Mint Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Mint Oil from Iran has seen a steady decline over the last five years. In 2012, the price was 3.56 US dollars per kg, and by 2021, it had dropped to 0.75 US dollars per kg. In 2014, the price was 3.67 US dollars per kg, and in 2015, it was 3.22 US dollars per kg. In 2016, the price rose to 3.93 US dollars per kg, before dropping again to 3.25 US dollars per kg in 2017. The lowest price was seen in 2018, when it dropped to 2.00 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Mint Oil from Iran will continue to decrease in the coming years, with a predicted price of 1.75 US dollars per kg in 2023 and 1.50 US dollars per kg in 2024.Iran Mint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mint Oil into Iran over the last five years has been relatively stable. In 2012, the price was 3.56 US dollars per kg, and in 2014 it increased slightly to 3.67 US dollars per kg. In 2015, the price dropped to 3.22 US dollars per kg, before increasing again to 3.93 US dollars per kg in 2016. In 2017, the price dropped again to 3.25 US dollars per kg, before reaching its lowest point of 2.00 US dollars per kg in 2018. The price then increased to 0.75 US dollars per kg in 2021. Based on this data, it is likely that the price of Mint Oil in Iran will remain relatively stable in the next few years. We can predict that the price of Mint Oil in 2023 will be around 0.75 US dollars per kg, and in 2024 it will be around 0.75 to 1.00 US dollars per kg.Export values for Iran mint oil
The total values in export for mint oil in Iran were US$ 59, US$ 13, US$ 2 and US$ 8 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 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.
Iran mint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran sold 4 tonnes of mint oil. For 2019 alone, the interest in Iran mint oil (processed category) has gone up, with a change of 300 percent compared to the year 2018. Between 2017 and 2019, mint oil's exports recorded no change remaining at 0 pc bringing the country US$0.01m for the year 2019. Iran's mint oil exports are classified as:
- Oils of mints, whether or not terpeneless, incl. concretes and absolutes (excluding those of peppermint "Mentha piperita") (HS code 330125)
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Iran mint oil export values
In 2019, Iran exported mint oil valued at 0.01m USD, an increment of 400.00% from 2018's total mint oil export of 0.002m USD. The yearly increase in value of Iran mint oil between 2017 to 2018 was -84.615 per cent.
The annual/yearly change in the amount of Iran's mint oil exports between 2017 and 2019 was 0 pc compared to a variation of 300% in the period between 2018 and 2019.
Iran's stake of the world's total mint oil's exports in 2019 was less than 1%. Iran holds position 48 in world exports of mint oil.
Export markets for Iran mint oil ( in '000$ )
Import/Export Trends
Iran is a net importer of mint oil. The annual growth of Iran mint oil in value between 2015 to 2019 was 37%, per year, while annual growth in quantity during the same period was 78%, per annum.
Iran brought in 523 tonnes of mint oil in 2019.