What is the price of essential oils per kilogram/pound in Malawi today?
The retail price range for Malawi essential oils is between US$ 0.48 and US$ 2.42 per kilogram or between US$ 0.22 and US$ 1.10 per pound(lb). Click here to see today's exact prices of essential oils in Malawi
The retail price range in Malawi Kwacha for essential oils is between MWK 499.79 and MWK 2,498.97 per kilogram or between MWK 226.66 and MWK 1,133.32 per pound(lb) in Lilongwe and Blantyre.
Wholesale prices
In 2024, the approximate wholesale price range for Malawi essential oils is between US$ 0.34 and US$ 1.70 per kilogram or between US$ 0.15 and US$ 0.77 per pound(lb).
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Malawi Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Malawi over the last five years has seen a steady decline. In 2012, the price was 35.00 US dollars per kg, but by 2021, it had dropped to 17.00 US dollars per kg. The biggest drop was seen between 2017 and 2018, when the price fell from 19.32 US dollars per kg to 19.44 US dollars per kg. The most recent year, 2021, saw a slight increase from 16.04 US dollars per kg to 17.00 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Essential Oils from Malawi in 2023 will be around 15.50 US dollars per kg, and in 2024 will be around 14.50 US dollars per kg.The exports of essential oils from Malawi 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)
Malawi Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Malawi over the last five years has been quite varied. In 2017, the price was 19.32 US dollars, followed by a slight increase to 19.44 US dollars in 2018. However, in 2019, the price dropped significantly to 15.91 US dollars. This was followed by a slight increase to 16.04 US dollars in 2020 and then a further increase to 17.00 US dollars in 2021. Based on this trend, it is predicted that the import price per kilogram of Essential Oils into Malawi in 2023 will be around 18.00 US dollars and in 2024 will be around 19.00 US dollars.Export values for Malawi essential oils
The total values in export for essential oils in Malawi were US$ 31, US$ 367, US$ 486 and US$ 541 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malawi: 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.
Malawi essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Malawi shipped 34 tonnes of essential oils. For 2019 alone, the interest in Malawi essential oils (processed category) has climbed, changing by 36 pc compared to the year 2018. Between 2017 and 2019, essential oils' exports went up by 78.95 percent earning the exporter US$0.54m for the year 2019. Malawi's essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Malawi essential oils export values
In 2019, Malawi shipped essential oils worth 0.54m USD, an increase of 11.11% from 2018's total essential oils export of 0.486m USD. The annual growth in value of Malawi essential oils between 2017 to 2018 was 32.425 percent.
The per year change in the amount of Malawi's essential oils exports between 2017 and 2019 was 78.95 pc when compared to a variation of 36% in the growth rate between 2018 and 2019.
Export markets for Malawi essential oils ( in '000$ )
Malawi's best performing export markets for essential oils are United Kingdom (UK), Zambia, Tanzania, South Africa and US.
Malawi bought 4 tonnes of essential oils in 2019.