What is the price of essential oils per kilogram/pound in Oman today?
The retail price range for Oman essential oils is between US$ 9.82 and US$ 24.56 per kilogram or between US$ 4.45 and US$ 11.14 per pound(lb). Click here to see today's exact prices of essential oils in Oman
The retail price range in Rial Omani for essential oils is between OMR 3.78 and OMR 9.46 per kilogram or between OMR 1.72 and OMR 4.29 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman essential oils is between US$ 6.88 and US$ 17.19 per kilogram or between US$ 3.12 and US$ 7.80 per pound(lb).
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Oman Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Oman has seen a significant increase over the last five years. In 2017, the price was 41.67 US $ per kg, followed by a decrease to 7.67 US $ per kg in 2018. In 2019, the price dropped further to 2.89 US $ per kg, before rising sharply to 108.57 US $ per kg in 2020. This year, 2021, the price has reached 172.20 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Essential Oils from Oman will be around 200.00 US $ per kg in 2023 and 250.00 US $ per kg in 2024.The exports of essential oils from Oman 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)
Oman Essential Oils Import Prices - Historical, Trends and Prediction
The import prices of Essential Oils into Oman over the last five years have been quite varied. In 2017, the price per kilogram was 41.67 US dollars, which was the highest of the five-year period. This was followed by 2020, when the price was 108.57 US dollars. The lowest price was in 2014, when the price was 3.15 US dollars. In 2015 and 2016, the prices were 4.00 and 2.67 US dollars respectively. The most recent year, 2021, saw the price rise to 172.20 US dollars. Based on this data, it is likely that the price of Essential Oils into Oman will remain high in the coming years. For 2023 and 2024, it is predicted that the prices will be around 200 US dollars and 250 US dollars respectively.Export values for Oman essential oils
The total values in export for essential oils in Oman were US$ 8, US$ 750, US$ 276 and US$ 4,699 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Oman: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Middle East: Bahrain essential oils, Cyprus essential oils, Iraq essential oils, Israel essential oils, Jordan essential oils, Kuwait essential oils, Lebanon essential oils, Palestine essential oils, Oman essential oils & Qatar essential oils.
Oman essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman exported 35 tonnes of essential oils. For 2019 alone, the demand for Oman essential oils (processed category) has decreased, flactuating by -2.778 percent compared to the year 2018. Between 2017 and 2019, essential oils' exports increased by 94.44 percent earning Oman US$4.70m for the year 2019. Oman's essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Oman essential oils export values
In 2019, Oman supplied essential oils costing 4.70m USD, an improvement of 1,602.90% from 2018's total essential oils export of 0.276m USD. The annual change in value of Oman essential oils between 2017 to 2018 was -63.2%.
The annual/yearly variation in the amount of Oman's essential oils exports between 2017 and 2019 was 94.44% in comparison to a variation of -2.778% in the period between 2018 and 2019.
Export markets for Oman essential oils ( in '000$ )
Oman's leading destinations for essential oils are Saudi Arabia, United Arab Emirates (UAE), Canada, US and France.
Oman ordered 312 tonnes of essential oils in 2019.