What is the price of mint oil per kilogram/pound in Japan today?
The retail price range for Japan mint oil is between US$ 11.21 and US$ 12.91 per kilogram or between US$ 5.09 and US$ 5.85 per pound(lb). Click here to see today's exact prices of mint oil in Japan
The retail price range in Yen for mint oil is between JPY 1,548.88 and JPY 1,782.60 per kilogram or between JPY 702.44 and JPY 808.43 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan mint oil is between US$ 7.85 and US$ 9.03 per kilogram or between US$ 3.56 and US$ 4.10 per pound(lb).
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Japan Mint Oil Export Prices - Historical, Trends and Prediction
The export price of Mint Oil from Japan over the last five years has seen a steady decline. In 2012, the export price per kilogram was 54.40 US dollars, but by 2021, it had dropped to 38.72 US dollars. The lowest price was recorded in 2015, when it was 27.06 US dollars per kilogram. The price has been gradually increasing since then, with the highest price of 39.33 US dollars per kilogram recorded in 2020. Based on this trend, it is predicted that the export price of Mint Oil from Japan in 2023 will be around 37.90 US dollars per kilogram, and in 2024 it will be around 38.60 US dollars per kilogram.Japan Mint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mint Oil into Japan has seen a steady increase over the last five years. In 2017, the price was 30.64 US dollars per kg, and this increased to 36.35 US dollars per kg in 2018. In 2019, the price rose to 38.82 US dollars per kg, and in 2020, it further increased to 39.33 US dollars per kg. The price then dropped slightly to 38.72 US dollars per kg in 2021, before decreasing further to 37.24 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Mint Oil into Japan will be 36.90 US dollars per kg in 2023 and 37.46 US dollars per kg in 2024.Export values for Japan mint oil
The total values in export for mint oil in Japan were US$ 1,105, US$ 1,103, US$ 1,127 and US$ 1,281 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 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.
Japan mint oil - Production, Exports, Imports, Seasons and HS Codes
The volume of mint oil sold by Japan in 2020 was 27 metric tons. In 2019 Japan exported 33 tonnes of mint oil. Through 2019 alone, the demand for Japan mint oil (processed category) has increased, changing by 6.452 pc compared to the year 2018. Between 2017 and 2019, mint oil's exports reduced by -8.33 percent bringing Japan US$1.28m for the year 2019. Japan's mint oil exports are classified as:
- Oils of mints, whether or not terpeneless, incl. concretes and absolutes (excluding those of peppermint "Mentha piperita") (HS code 330125)
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Japan mint oil export values
In 2019, Japan supplied mint oil with a value of 1.28m USD, a surge of 13.58% from 2018's total mint oil export of 1.127m USD. The annual growth in value of Japan mint oil between 2017 to 2018 was 2.176 percent.
The annual change in the amount of Japan's mint oil exports between 2017 and 2019 was -8.33% when compared to a variation of 6.452% in the growth rate between 2018 and 2019.
Japan's stake of the world's total mint oil's exports in 2019 was less than 1%. The country holds number 31 in world exports of mint oil.
Export markets for Japan mint oil ( in '000$ )
Import/Export Trends
Japan is a net importer of mint oil. The annual growth of Japan mint oil in value between 2015 to 2019 was 32%, per year, while annual growth in quantity for the same period was 53%, per annum.
Japan ordered 1,051 tonnes of mint oil in 2019.