What is the price of essential oils per kilogram/pound in Kenya today?
The retail price range for Kenya essential oils is between US$ 35.86 and US$ 63.30 per kilogram or between US$ 16.26 and US$ 28.71 per pound(lb). Click here to see today's exact prices of essential oils in Kenya
The retail price range in Kenyan Shilling for essential oils is between KES 4,980.32 and KES 8,791.04 per kilogram or between KES 2,258.65 and KES 3,986.87 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya essential oils is between US$ 25.10 and US$ 44.31 per kilogram or between US$ 11.38 and US$ 20.09 per pound(lb).
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Kenya Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Kenya has seen a significant increase over the last five years. In 2016, the price was 73.11 US $ per kg, and in 2021 it was 88.61 US $ per kg. This represents an increase of 21.3%. The highest price was in 2015, when it was 59.93 US $ per kg, and the lowest was in 2013, when it was 2.27 US $ per kg. The price in 2020 was 82.99 US $ per kg, and in 2019 it was 64.64 US $ per kg. Based on this data, it is likely that the price of Essential Oils from Kenya will continue to increase in the coming years, with an estimated price of 92.45 US $ per kg in 2023 and 96.90 US $ per kg in 2024.The Kenya 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)
Kenya Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Kenya has seen a significant increase over the last five years. In 2016, the price was recorded at $73.11, and this increased to $79.20 in 2017. In 2018, the price dropped to $36.62, before increasing again to $64.64 in 2019. The highest price was recorded in 2020, at $82.99, and this increased further to $88.61 in 2021. Based on this trend, it is predicted that the import price per kilogram of Essential Oils into Kenya will be $95.23 in 2023 and $102.45 in 2024.Export values for Kenya essential oils
The total values in export for essential oils in Kenya were US$ 2,047, US$ 4,277, US$ 10,363 and US$ 10,860 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kenya: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Africa: Algeria essential oils, Angola essential oils, Botswana essential oils, Burundi essential oils, Cameroon essential oils, Cape Verde essential oils, Central African Republic essential oils, Comoros essential oils, DRC Congo essential oils & Benin essential oils.
Kenya essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya sold 168 tonnes of essential oils. Through 2019 alone, the interest in Kenya essential oils (processed category) has reduced, recording a change of -40.636 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports grew by 211.11 pc bringing Kenya US$10.86m for the year 2019. Kenya's essential oils exports are categorised as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Kenya essential oils export values
In 2019, Kenya exported essential oils with a value of 10.86m USD, a growth of 4.80% from 2018's total essential oils export of 10.363m USD. The yearly increase in value of Kenya essential oils between 2017 to 2018 was 142.296 pc.
The yearly change in the quantity of Kenya's essential oils exports between 2017 and 2019 was 211.11% compared to a variation of -40.636% in the period between 2018 and 2019.
Kenya's share of the world's total essential oils' exports in 2019 was less than 1%. Kenya holds number 57 in world exports of essential oils.
Export markets for Kenya essential oils ( in '000$ )
Kenya's leading export markets for essential oils are US, Malaysia, Uganda, Belgium and Rwanda.
Import/Export Trends
Kenya is a net exporter of essential oils. The annual growth of Kenya essential oils in value between 2015 to 2019 was 72%, per year, while annual growth in quantity for the same period was 51%, per annum.
Kenya procured 147 tonnes of essential oils in 2019.