What is the price of essential oils per kilogram/pound in Japan today?
The retail price range for Japan essential oils is between US$ 16.16 and US$ 57.06 per kilogram or between US$ 7.33 and US$ 25.88 per pound(lb). Click here to see today's exact prices of essential oils in Japan
The retail price range in Yen for essential oils is between JPY 2,232.17 and JPY 7,881.56 per kilogram or between JPY 1,012.32 and JPY 3,574.40 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan essential oils is between US$ 11.31 and US$ 39.94 per kilogram or between US$ 5.13 and US$ 18.12 per pound(lb).
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Japan Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Japan over the last five years has been quite varied. In 2017, the price was 87.00 US dollars, followed by a slight increase to 100.20 US dollars in 2018. In 2019, the price rose to 101.63 US dollars, and then jumped to 113.25 US dollars in 2020. The highest price was recorded in 2021, at 128.68 US dollars. This was followed by a decrease to 91.32 US dollars in 2022. Based on this data, it is likely that the export price per kilogram of Essential Oils from Japan will remain around the same in 2023 and 2024, at around 91.00 US dollars.The Japan essential oils exports 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)
Japan Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Japan over the last five years has been quite volatile. In 2016, the price was 88.33 US dollars, which was the lowest in the last five years. This was followed by a slight increase to 87.00 US dollars in 2017. In 2018, the price rose to 100.20 US dollars, and then further increased to 101.63 US dollars in 2019. In 2020, the price rose to 113.25 US dollars, and then to 128.68 US dollars in 2021. The price then dropped to 91.32 US dollars in 2022. Based on this trend, it is likely that the price of Essential Oils in Japan will increase in 2023 and 2024. We predict that the price in 2023 will be around 103.00 US dollars, and the price in 2024 will be around 115.00 US dollars.Export values for Japan essential oils
The total values in export for essential oils in Japan were US$ 5,300, US$ 3,654, US$ 4,509 and US$ 3,557 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Japan: 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.
Japan essential oils - Production, Exports, Imports, Seasons and HS Codes
The amount of essential oils sold by Japan in 2020 was 40 metric tonnes. In 2019 Japan sold 35 tonnes of essential oils. In 2019 alone, the demand for Japan essential oils (processed category) has shrunk, changing by -22.222 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports reduced by -16.67 pc earning the country US$3.56m for the year 2019. Japan's essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Japan essential oils export values
In 2019, Japan shipped essential oils costing 3.56m USD, a contraction of -21.05% from 2018's total essential oils export of 4.509m USD. The annual change in value of Japan essential oils between 2017 to 2018 was 23.399 per cent.
The yearly variation in the volume of Japan's essential oils exports between 2017 and 2019 was -16.67% in comparison to a variation of -22.222% in the period between 2018 and 2019.
Japan's share of the world's total essential oils' exports in 2019 was 33.8 pc. Japan holds position 1 in world exports of essential oils.
Export markets for Japan essential oils ( in '000$ )
Japan's top export markets for essential oils are China, Thailand, Singapore, South Korea and US.
Import/Export Trends
Japan is a net exporter of essential oils. The annual growth of Japan essential oils in value between 2015 to 2019 was 17%, per year, while annual growth in quantity for the same period was 18%, per annum.
Japan purchased 697 tonnes of essential oils in 2019.