What is the price of essential oils per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) essential oils is between US$ 33.36 and US$ 109.60 per kilogram or between US$ 15.13 and US$ 49.70 per pound(lb). Click here to see today's exact prices of essential oils in United Kingdom (UK)
The retail price range in British pound sterling for essential oils is between GBP 26.80 and GBP 88.05 per kilogram or between GBP 12.15 and GBP 39.93 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) essential oils is between US$ 23.35 and US$ 76.72 per kilogram or between US$ 10.59 and US$ 34.79 per pound(lb).
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United Kingdom (UK) Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from the United Kingdom over the last five years has been quite varied. In 2017, the price was 52.36 US dollars, followed by a sharp increase to 110.28 US dollars in 2019. This was followed by a decrease to 38.65 US dollars in 2020 and then a further decrease to 35.53 US dollars in 2021. The most recent year, 2022, saw a slight increase to 43.01 US dollars. Based on this data, it is predicted that the export price per kilogram of Essential Oils from the United Kingdom in 2023 will be around 44.00 US dollars and in 2024 will be around 45.00 US dollars.The essential oils exports from United Kingdom (UK) 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)
United Kingdom (UK) Essential Oils Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) essential oils
The total values in export for essential oils in United Kingdom (UK) were US$ 114,946, US$ 145,198, US$ 130,668 and US$ 117,005 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across Europe: Georgia essential oils, Albania essential oils, Belarus essential oils, Bosnia and Herzegovina essential oils, Bulgaria essential oils, Croatia essential oils, Czech Republic essential oils, Estonia essential oils, Greece essential oils & Hungary essential oils.
United Kingdom (UK) essential oils - Production, Exports, Imports, Seasons and HS Codes
The quantity of essential oils sold by United Kingdom (UK) in 2020 was 2,923 tonnes. In 2019 United Kingdom (UK) exported 1,061 tonnes of essential oils. For the year 2019 alone, the interest in United Kingdom (UK) essential oils (processed category) has shrunk, with a change of -57.78 % compared to the year 2018. Between 2017 and 2019, essential oils' exports decreased by -61.74 pc earning the nation US$117.00m for the year 2019. United Kingdom (UK)'s essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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United Kingdom (UK) essential oils export values
In 2019, United Kingdom (UK) shipped essential oils with a value of 117.00m USD, a decrease of -10.46% from 2018's total essential oils export of 130.668m USD. The yearly reduction in value of United Kingdom (UK) essential oils between 2017 to 2018 was -10.007 per cent.
The annual change in the amount of United Kingdom (UK)'s essential oils exports between 2017 and 2019 was -61.74% in comparison to a variation of -57.78% in the period between 2018 and 2019.
United Kingdom (UK)'s stake of the world's total essential oils' exports in 2019 was less than 1%. United Kingdom (UK) is ranked number 17 in world exports of essential oils.
Export markets for United Kingdom (UK) essential oils ( in '000$ )
United Kingdom (UK)'s leading export markets for essential oils are US, Germany, Ireland, France and Spain.
Import/Export Trends
United Kingdom (UK) is a net exporter of essential oils. The annual growth of United Kingdom (UK) essential oils in value between 2015 to 2019 was -16%, per annum, while annual growth in quantity through the same period was -21%, per annum.
United Kingdom (UK) brought in 3,470 tonnes of essential oils in 2019.