What is the price of essential oils per kilogram/pound in Kuwait today?
The retail price range for Kuwait essential oils is between US$ 23.82 and US$ 95.28 per kilogram or between US$ 10.80 and US$ 43.21 per pound(lb). Click here to see today's exact prices of essential oils in Kuwait
The retail price range in Kuwaiti Dinar for essential oils is between KWD 7.34 and KWD 29.37 per kilogram or between KWD 3.33 and KWD 13.32 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait essential oils is between US$ 16.67 and US$ 66.70 per kilogram or between US$ 7.56 and US$ 30.25 per pound(lb).
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Kuwait Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Kuwait over the last five years has been quite volatile. In 2012, the price was 23.00 US $ per kg, which dropped to 13.00 US $ per kg in 2013. This was followed by a sharp decline to 4.08 US $ per kg in 2014. In 2015, the price rose to 12.46 US $ per kg, before dropping again to 9.57 US $ per kg in 2016. The price then dropped to an all-time low of 0.61 US $ per kg in 2017, before rising to 128.00 US $ per kg in 2018 and 102.00 US $ per kg in 2019. The price then dropped to 8.50 US $ per kg in 2020, before rising to 19.00 US $ per kg in 2021. Based on this data, it is likely that the export price per kilogram of Essential Oils from Kuwait will be around 15.00 US $ per kg in 2023 and 20.00 US $ per kg in 2024.The exports of essential oils from Kuwait 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)
Kuwait Essential Oils Import Prices - Historical, Trends and Prediction
The import prices of Essential Oils into Kuwait over the last five years have been quite varied. In 2016, the price per kilogram was 9.57 US dollars, followed by a sharp drop to 0.61 US dollars in 2017. This was followed by a significant increase to 128.00 US dollars in 2018, before dropping to 102.00 US dollars in 2019. The price then dropped again to 8.50 US dollars in 2020, before increasing to 19.00 US dollars in 2021. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data, it is likely that the prices will remain relatively stable, with some fluctuations.Export values for Kuwait essential oils
The total values in export for essential oils in Kuwait were US$ 67, US$ 27, US$ 128 and US$ 102 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kuwait: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Middle East: Bahrain essential oils, Cyprus essential oils, Iraq essential oils, Israel essential oils, Jordan essential oils, Kuwait essential oils, Lebanon essential oils, Palestine essential oils, Oman essential oils & Qatar essential oils.
Kuwait essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait exported 1 tonnes of essential oils. Through 2019 alone, the demand for Kuwait essential oils (processed category) has been contant, changing by 0 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports decreased by -97.73 percent netting the country US$0.10m for the year 2019. Kuwait's essential oils exports are classified as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Kuwait essential oils export values
In 2019, Kuwait exported essential oils valued at 0.10m USD, a drop of -21.88% from 2018's total essential oils export of 0.128m USD. The annual reduction in value of Kuwait essential oils between 2017 to 2018 was 374.074 pc.
The annual/yearly variation in the volume of Kuwait's essential oils exports between 2017 and 2019 was -97.73 per cent compared to a variation of 0% in the period between 2018 and 2019.
Export markets for Kuwait essential oils ( in '000$ )
Kuwait's top destinations for essential oils are Qatar, Saudi Arabia, United Arab Emirates (UAE), Oman and Lebanon.
Kuwait imported 47 tonnes of essential oils in 2019.