What is the price of mint oil per kilogram/pound in Lebanon today?
The retail price range for Lebanon mint oil is between US$ 10.24 and US$ 17.54 per kilogram or between US$ 4.65 and US$ 7.95 per pound(lb). Click here to see today's exact prices of mint oil in Lebanon
The retail price range in Lebanese Pound for mint oil is between LBP 155,214.17 and LBP 265,720.71 per kilogram or between LBP 70,391.91 and LBP 120,508.26 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon mint oil is between US$ 7.17 and US$ 12.28 per kilogram or between US$ 3.25 and US$ 5.57 per pound(lb).
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Lebanon Mint Oil Export Prices - Historical, Trends and Prediction
The export price of Mint Oil from Lebanon over the last five years has been quite volatile. In 2012, the price was 2.67 US$ per kg, which then skyrocketed to 20.00 US$ per kg in 2013. Since then, the price has been steadily decreasing, reaching a low of 2.00 US$ per kg in 2016. In 2017, the price rose slightly to 2.56 US$ per kg, and then again to 2.57 US$ per kg in 2018. The price then increased to 2.69 US$ per kg in 2019, and further to 2.80 US$ per kg in 2020. The latest data shows that the price has dropped slightly to 2.68 US$ per kg in 2021. Based on this trend, it is likely that the export price of Mint Oil from Lebanon will remain relatively stable in the next two years, with an estimated price of 2.68 US$ per kg in 2023 and 2.69 US$ per kg in 2024.Lebanon Mint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mint Oil into Lebanon over the last five years has been relatively stable. In 2017, the price was 2.56 US dollars per kg, followed by 2.57 US dollars per kg in 2018. In 2019, the price increased slightly to 2.69 US dollars per kg, and then to 2.8 US dollars per kg in 2020. The price then decreased slightly to 2.68 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Mint Oil into Lebanon in 2023 will be 2.71 US dollars per kg, and in 2024 will be 2.74 US dollars per kg.Export values for Lebanon mint oil
The total values in export for mint oil in Lebanon were US$ 2, US$ 23, US$ 18 and US$ 35 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lebanon: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of mint oil in other countries across Middle East: Bahrain mint oil, Cyprus mint oil, Iraq mint oil, Israel mint oil, Jordan mint oil, Kuwait mint oil, Lebanon mint oil, Palestine mint oil, Oman mint oil & Qatar mint oil.
Lebanon mint oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon sold 13 tonnes of mint oil. Through 2019 alone, the interest in Lebanon mint oil (processed category) has gone up, with a change of 85.714 percent compared to the year 2018. Between 2017 and 2019, mint oil's exports went up by 44.44 pc netting the nation US$0.04m for the year 2019. Lebanon's mint oil exports are classified as:
- Oils of mints, whether or not terpeneless, incl. concretes and absolutes (excluding those of peppermint "Mentha piperita") (HS code 330125)
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Lebanon mint oil export values
In 2019, Lebanon supplied mint oil costing 0.04m USD, an increment of 122.22% from 2018's total mint oil export of 0.018m USD. The yearly growth in value of Lebanon mint oil between 2017 to 2018 was -21.739 per cent.
The per year variation in the amount of Lebanon's mint oil exports between 2017 and 2019 was 44.44 pc in comparison to a variation of 85.714% in the period between 2018 and 2019.
Lebanon's portion of the world's total mint oil's exports in 2019 was less than 1%. The country holds position 32 in world exports of mint oil.
Export markets for Lebanon mint oil ( in '000$ )
Import/Export Trends
Lebanon is a net importer of mint oil. The annual growth of Lebanon mint oil in value between 2015 to 2019 was 72%, per annum, while annual growth in quantity was 52%, per annum.
Lebanon purchased 0 tonnes of mint oil in 2019.