What is the price of essential oils per kilogram/pound in Namibia today?
The retail price range for Namibia essential oils is between US$ 49.57 and US$ 93.42 per kilogram or between US$ 22.48 and US$ 42.37 per pound(lb). Click here to see today's exact prices of essential oils in Namibia
The retail price range in Rand for essential oils is between NAD 963.12 and NAD 1,815.10 per kilogram or between NAD 436.79 and NAD 823.18 per pound(lb) in Windhoek and Walvis Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Namibia essential oils is between US$ 34.70 and US$ 65.40 per kilogram or between US$ 15.74 and US$ 29.66 per pound(lb).
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Namibia Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Namibia over the last five years has been quite varied. In 2017, the price was 10.50 US$ per kg, followed by a significant increase to 64.50 US$ per kg in 2018. The price then dropped to 21.00 US$ per kg in 2019 and further decreased to 26.64 US$ per kg in 2020. The most recent year, 2021, saw a drastic decrease to 0.00 US$ per kg. Based on this data, it is difficult to predict the prices for 2023 and 2024.The Namibia 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)
Namibia Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Namibia over the last five years has been quite varied. In 2017, the price was 10.50 US$ per kg, followed by a significant increase to 64.50 US$ per kg in 2018. This was followed by a decrease to 21.00 US$ per kg in 2019 and then a slight increase to 26.64 US$ per kg in 2020. The price for 2021 is 0.00 US$ per kg. Based on this data, it is likely that the import price per kilogram of Essential Oils into Namibia in 2023 will be around 26.64 US$ per kg and in 2024 will be around 21.00 US$ per kg.Export values for Namibia essential oils
The total values in export for essential oils in Namibia were US$ 12, US$ 21, US$ 129 and US$ 231 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Namibia: 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.
Namibia essential oils - Production, Exports, Imports, Seasons and HS Codes
The amount of essential oils exported by Namibia in 2020 was 11 tonnes. In 2019 Namibia sold 11 tonnes of essential oils. For the year 2019 alone, the interest in Namibia essential oils (processed category) has increased, changing by 450 percent compared to the year 2018. Between 2017 and 2019, essential oils' exports increased by 450% bringing Namibia US$0.23m for the year 2019. Namibia's essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Namibia essential oils export values
In 2019, Namibia shipped essential oils valued at 0.23m USD, an increment of 78.29% from 2018's total essential oils export of 0.129m USD. The yearly growth in value of Namibia essential oils between 2017 to 2018 was 514.286 percent.
The annual/yearly change in the amount of Namibia's essential oils exports between 2017 and 2019 was 450 percent compared to a variation of 450% in the period between 2018 and 2019.
Export markets for Namibia essential oils ( in '000$ )
Namibia's leading export markets for essential oils are US, Germany, South Africa, France and Japan.
Namibia ordered 92 tonnes of essential oils in 2019.