What is the price of essential oils per kilogram/pound in Latvia today?
The retail price range for Latvia essential oils is between US$ 0.24 and US$ 0.53 per kilogram or between US$ 0.11 and US$ 0.24 per pound(lb). Click here to see today's exact prices of essential oils in Latvia
The retail price range in Euro for essential oils is between EUR 0.22 and EUR 0.49 per kilogram or between EUR 0.10 and EUR 0.22 per pound(lb) in Riga and Daugavpils.
Wholesale prices
In 2024, the approximate wholesale price range for Latvia essential oils is between US$ 0.17 and US$ 0.37 per kilogram or between US$ 0.08 and US$ 0.17 per pound(lb).
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Prices of other produce in the Processed category in Latvia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Europe: Georgia essential oils, Albania essential oils, Belarus essential oils, Bosnia and Herzegovina essential oils, Bulgaria essential oils, Croatia essential oils, Czech Republic essential oils, Estonia essential oils, Greece essential oils & Hungary essential oils.
Latvia essential oils - Production, Exports, Imports, Seasons and HS Codes
The quantity of essential oils sold by Latvia in 2020 was 10 tons. In 2019 Latvia sold 3 tonnes of essential oils. Across 2019 alone, the demand for Latvia essential oils (processed category) has reduced, with a change of -25 % compared to the year 2018. Between 2017 and 2019, essential oils' exports increased by 50 percent netting the exporter US$0.13m for the year 2019. Latvia's essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Latvia essential oils export values
In 2019, Latvia exported essential oils worth 0.13m USD, a decrease of -27.37% from 2018's total essential oils export of 0.179m USD. The yearly reduction in value of Latvia essential oils between 2017 to 2018 was 92.473 per cent.
The yearly variation in the volume of Latvia's essential oils exports between 2017 and 2019 was 50 pc compared to a variation of -25% in the period between 2018 and 2019.
Export markets for Latvia essential oils ( in '000$ )
Latvia's leading export markets for essential oils are Russia, Belarus, Lithuania, Hong Kong and Uzbekistan.
Latvia brought in 16 tonnes of essential oils in 2019.