What is the price of essential oils per kilogram/pound in Panama today?
The retail price range for Panama essential oils is between US$ 39.58 and US$ 69.26 per kilogram or between US$ 17.95 and US$ 31.41 per pound(lb). Click here to see today's exact prices of essential oils in Panama
The retail price range in US Dollar for essential oils is between USD 39.58 and USD 69.26 per kilogram or between USD 17.95 and USD 31.41 per pound(lb) in Panama City and Colón.
Wholesale prices
In 2024, the approximate wholesale price range for Panama essential oils is between US$ 27.70 and US$ 48.48 per kilogram or between US$ 12.56 and US$ 21.99 per pound(lb).
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See prices of essential oils in other countries across Central America: Belize essential oils, Costa Rica essential oils, El Salvador essential oils, Guatemala essential oils, Honduras essential oils, Mexico essential oils, Nicaragua essential oils & Panama essential oils.
Panama essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama sold 11 tonnes of essential oils. In 2019 alone, the market for Panama essential oils (processed category) has improved, with a change of 175 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports recorded no change remaining at 0 percent earning the exporter US$0.40m for the year 2019. Panama's essential oils exports are classified as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Panama essential oils export values
In 2019, Panama exported essential oils with a value of 0.40m USD, a surge of 102.02% from 2018's total essential oils export of 0.198m USD. The yearly growth in value of Panama essential oils between 2017 to 2018 was 37.5 per cent.
The annual change in the volume of Panama's essential oils exports between 2017 and 2019 was 0 pc in comparison to a variation of 175% in the period between 2018 and 2019.
Export markets for Panama essential oils ( in '000$ )
Panama's leading export markets for essential oils are Guatemala, Australia, Colombia, US and France.
Panama brought in 19 tonnes of essential oils in 2019.