What is the price of essential oils per kilogram/pound in Nepal today?
The retail price range for Nepal essential oils is between US$ 3.37 and US$ 15.13 per kilogram or between US$ 1.53 and US$ 6.86 per pound(lb). Click here to see today's exact prices of essential oils in Nepal
The retail price range in Nepalese Rupee for essential oils is between NPR 447.34 and NPR 2,006.64 per kilogram or between NPR 202.88 and NPR 910.04 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal essential oils is between US$ 2.36 and US$ 10.59 per kilogram or between US$ 1.07 and US$ 4.80 per pound(lb).
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Nepal Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Nepal over the last five years has been quite varied. In 2016, the price was 91.06 US $ per kg, the highest of the five years. This was followed by a sharp drop in 2017 to 35.96 US $ per kg. Prices then rose steadily to 73.30 US $ per kg in 2018 and 81.89 US $ per kg in 2019. The most recent year, 2021, saw the highest price of the five years at 111.79 US $ per kg. Based on this data, it is likely that the export price per kilogram of Essential Oils from Nepal will remain high in the coming years, with an estimated price of around 115 US $ per kg in 2023 and 120 US $ per kg in 2024.The essential oils exports from Nepal are categorised as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- 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)
Nepal Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Nepal over the last five years has been quite varied. In 2016, the price was $91.06, followed by a sharp drop to $35.96 in 2017. Prices then rose steadily to $73.30 in 2018 and $81.89 in 2019. The highest price was recorded in 2021, at $111.79. Looking ahead, it is likely that the import price per kilogram of Essential Oils into Nepal will remain relatively stable in the next two years, with an estimated price of $93.84 in 2023 and $96.37 in 2024.Export values for Nepal essential oils
The total values in export for essential oils in Nepal were US$ 3,096, US$ 2,661, US$ 3,445 and US$ 2,293 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Nepal: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Asia: Kazakhstan essential oils, Kyrgyzstan essential oils, Tajikistan essential oils, Turkmenistan essential oils, Uzbekistan essential oils, China essential oils, Hong Kong essential oils, Macao essential oils, North Korea essential oils & Mongolia essential oils.
Nepal essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal shipped 28 tonnes of essential oils. In 2019 alone, the demand for Nepal essential oils (processed category) has decreased, flactuating by -40.426 pc compared to the year 2018. Between 2017 and 2019, essential oils' exports reduced by -62.16 pc netting the country US$2.29m for the year 2019. Nepal's essential oils exports are classified as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Nepal essential oils export values
In 2019, Nepal exported essential oils valued at 2.29m USD, a drop of -33.53% from 2018's total essential oils export of 3.445m USD. The annual change in value of Nepal essential oils between 2017 to 2018 was 29.463%.
The per year variation in the amount of Nepal's essential oils exports between 2017 and 2019 was -62.16 pc when compared to a variation of -40.426% in the growth rate between 2018 and 2019.
Export markets for Nepal essential oils ( in '000$ )
Nepal's best performing export markets for essential oils are India, US, France, Belgium and Canada.
Nepal brought in 53 tonnes of essential oils in 2019.