What is the price of essential oils per kilogram/pound in Tanzania today?
The retail price range for Tanzania essential oils is between US$ 27.72 and US$ 33.72 per kilogram or between US$ 12.57 and US$ 15.29 per pound(lb). Click here to see today's exact prices of essential oils in Tanzania
The retail price range in Tanzanian shilling for essential oils is between TZS 66,008.14 and TZS 80,286.50 per kilogram or between TZS 29,935.67 and TZS 36,411.11 per pound(lb) in Dar es Salaam and Mwanza.
Wholesale prices
In 2024, the approximate wholesale price range for Tanzania essential oils is between US$ 19.41 and US$ 23.60 per kilogram or between US$ 8.80 and US$ 10.70 per pound(lb).
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Tanzania Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Tanzania has seen a significant increase over the last five years. In 2016, the price was 298.88 US $ per kg, followed by a peak of 492.46 US $ per kg in 2017. Since then, the price has been on a downward trend, with the latest figure being 36.78 US $ per kg in 2020. The 2021 figure of 198.79 US $ per kg is a slight increase from the previous year, indicating a possible reversal of the downward trend. Based on this data, it is predicted that the export price per kilogram of Essential Oils from Tanzania will be around 150.00 US $ per kg in 2023 and 175.00 US $ per kg in 2024.The essential oils exports from Tanzania 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)
Tanzania Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Tanzania has seen a significant increase over the last five years. In 2016, the price was 298.88 US dollars per kg, and in 2021 it was 198.79 US dollars per kg. This represents a decrease of 33.6% over the five year period. The highest price was in 2015, when the import price was 78.41 US dollars per kg. This was followed by a sharp increase in 2016, when the price rose to 298.88 US dollars per kg. Since then, the price has been steadily decreasing, with the lowest price being 36.78 US dollars per kg in 2020. Based on this trend, it is likely that the import price of Essential Oils into Tanzania will continue to decrease in the coming years. We can predict that the import price in 2023 will be around 150 US dollars per kg, and in 2024 it will be around 100 US dollars per kg.Export values for Tanzania essential oils
The total values in export for essential oils in Tanzania were US$ 7,173, US$ 6,402, US$ 1,391 and US$ 3,854 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Tanzania: 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.
Tanzania essential oils - Production, Exports, Imports, Seasons and HS Codes
In 2019 Tanzania shipped 44 tonnes of essential oils. In 2019 alone, the market for Tanzania essential oils (processed category) has surged, flactuating by 633.333 % compared to the year 2018. Between 2017 and 2019, essential oils' exports increased by 238.46 percent earning the nation US$3.85m for the year 2019. Tanzania's essential oils exports are classified as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Tanzania essential oils export values
In 2019, Tanzania sold essential oils worth 3.85m USD, a surge of 176.78% from 2018's total essential oils export of 1.391m USD. The annual increase in value of Tanzania essential oils between 2017 to 2018 was -78.272 percent.
The annual variation in the quantity of Tanzania's essential oils exports between 2017 and 2019 was 238.46 percent compared to a variation of 633.333% in the period between 2018 and 2019.
Export markets for Tanzania essential oils ( in '000$ )
Tanzania's leading destinations for essential oils are Indonesia, the Gambia, Zambia, China and India.
Tanzania purchased 47 tonnes of essential oils in 2019.