What is the price of peppermint oil per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) peppermint oil is between US$ 19.17 and US$ 38.33 per kilogram or between US$ 8.69 and US$ 17.38 per pound(lb). Click here to see today's exact prices of peppermint oil in United Kingdom (UK)
The retail price range in British pound sterling for peppermint oil is between GBP 15.40 and GBP 30.80 per kilogram or between GBP 6.98 and GBP 13.97 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) peppermint oil is between US$ 13.42 and US$ 26.83 per kilogram or between US$ 6.08 and US$ 12.17 per pound(lb).
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United Kingdom (UK) Peppermint Oil Export Prices - Historical, Trends and Prediction
The export price of Peppermint Oil from the United Kingdom over the last five years has been quite varied. In 2016, the price was 34.48 US$ per kg, followed by a peak of 39.12 US$ per kg in 2017. In 2018, the price dropped to 34.96 US$ per kg, before rising again to 40.14 US$ per kg in 2019. The price then decreased to 33.28 US$ per kg in 2020, and further to 30.47 US$ per kg in 2021. Based on this trend, it is predicted that the export price of Peppermint Oil from the United Kingdom will be around 28.60 US$ per kg in 2023 and 26.73 US$ per kg in 2024.United Kingdom (UK) Peppermint Oil Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) peppermint oil
The total values in export for peppermint oil in United Kingdom (UK) were US$ 6,862, US$ 11,305, US$ 5,069 and US$ 4,255 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 peppermint oil in other countries across Europe: Georgia peppermint oil, Albania peppermint oil, Belarus peppermint oil, Bosnia and Herzegovina peppermint oil, Bulgaria peppermint oil, Croatia peppermint oil, Czech Republic peppermint oil, Estonia peppermint oil, Greece peppermint oil & Hungary peppermint oil.
United Kingdom (UK) peppermint oil - Production, Exports, Imports, Seasons and HS Codes
The volume of peppermint oil sold by United Kingdom (UK) in 2020 was 147 metric tons. In 2019 United Kingdom (UK) shipped 106 tonnes of peppermint oil. In 2019 alone, the market for United Kingdom (UK) peppermint oil (processed category) has decreased, changing by -26.897 percent compared to the year 2018. Between 2017 and 2019, peppermint oil's exports decreased by -63.32% bringing the nation US$4.26m for the year 2019. United Kingdom (UK)'s peppermint oil exports are classified as:
- Oils of peppermint "Mentha piperita", whether or not terpeneless, incl. concretes and absolutes (HS code 330124)
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United Kingdom (UK) peppermint oil export values
In 2019, United Kingdom (UK) exported peppermint oil worth 4.26m USD, a reduction of -15.96% from 2018's total peppermint oil export of 5.069m USD. The yearly reduction in value of United Kingdom (UK) peppermint oil between 2017 to 2018 was -55.161 percent.
The annual variation in the volume of United Kingdom (UK)'s peppermint oil exports between 2017 and 2019 was -63.32 pc when compared to a variation of -26.897% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s share of the world's total peppermint oil's exports in 2019 was 1.5 pc. United Kingdom (UK) holds number 19 in world exports of peppermint oil.
Export markets for United Kingdom (UK) peppermint oil ( in '000$ )
Import/Export Trends
United Kingdom (UK) is a net importer of peppermint oil. The annual growth of United Kingdom (UK) peppermint oil in value between 2015 to 2019 was 13%, per annum, while annual growth in quantity for the same period was 18%, per annum.
United Kingdom (UK) imported 326 tonnes of peppermint oil in 2019.