What is the price of essential oils per kilogram/pound in Lesotho today?
The retail price range for Lesotho essential oils is between US$ 3.92 and US$ 6.86 per kilogram or between US$ 1.78 and US$ 3.11 per pound(lb). Click here to see today's exact prices of essential oils in Lesotho
The retail price range in Rand for essential oils is between ZAR 76.19 and ZAR 133.34 per kilogram or between ZAR 34.55 and ZAR 60.47 per pound(lb) in Maseru and Leribe.
Wholesale prices
In 2024, the approximate wholesale price range for Lesotho essential oils is between US$ 2.75 and US$ 4.80 per kilogram or between US$ 1.25 and US$ 2.18 per pound(lb).
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Lesotho Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Lesotho over the last five years has seen a significant increase. In 2016, the price was 19.89 US dollars per kg, which rose to 60.67 US dollars per kg in 2017. This was followed by a dramatic increase to 200.00 US dollars per kg in 2018. The price then dropped to 57.29 US dollars per kg in 2019 and further decreased to 55.00 US dollars per kg in 2020. The most recent year, 2021, saw a drastic decrease to 0.00 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Essential Oils from Lesotho in 2023 will be around 55.00 US dollars per kg and in 2024 will be around 57.29 US dollars per kg.Lesotho Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Lesotho over the last five years has seen a significant increase. In 2016, the price was 19.89 US dollars per kg, which rose to 60.67 US dollars per kg in 2017. This was followed by a dramatic increase to 200.00 US dollars per kg in 2018. The price then dropped to 57.29 US dollars per kg in 2019, before falling further to 55.00 US dollars per kg in 2020. The most recent data shows that the price has dropped to 0.00 US dollars per kg in 2021. Based on this data, it is likely that the price of Essential Oils into Lesotho will remain low in the next two years. We predict that the price will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Lesotho essential oils
The total values in export for essential oils in Lesotho were US$ 179, US$ 728, US$ 200 and US$ 401 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lesotho: 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.
Lesotho essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lesotho shipped 7 tonnes of essential oils. Across 2019 alone, the demand for Lesotho essential oils (processed category) has improved, flactuating by 600 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports reduced by -41.67% bringing the nation US$0.40m for the year 2019. Lesotho's essential oils exports are classified as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Lesotho essential oils export values
In 2019, Lesotho supplied essential oils worth 0.40m USD, a surge of 100.00% from 2018's total essential oils export of 0.2m USD. The annual growth in value of Lesotho essential oils between 2017 to 2018 was -72.527%.
The annual change in the amount of Lesotho's essential oils exports between 2017 and 2019 was -41.67 pc compared to a variation of 600% in the period between 2018 and 2019.
Export markets for Lesotho essential oils ( in '000$ )
Lesotho procured 262 tonnes of essential oils in 2019.