What is the price of essential oils per kilogram/pound in US today?
The retail price range for US essential oils is between US$ 1.94 and US$ 72.76 per kilogram or between US$ 0.88 and US$ 33.00 per pound(lb). Click here to see today's exact prices of essential oils in US
The retail price range in Euro for essential oils is between EUR 1.78 and EUR 66.75 per kilogram or between EUR 0.81 and EUR 30.27 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US essential oils is between US$ 1.36 and US$ 50.93 per kilogram or between US$ 0.62 and US$ 23.10 per pound(lb).
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US Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from the US over the last five years has seen a steady increase. In 2017, the price was 22.68 US $ per kg, and by 2021, it had risen to 34.04 US $ per kg. In 2020, the price was 31.18 US $ per kg, and in 2019, it was 32.56 US $ per kg. In 2018, the price was 30.91 US $ per kg, and in 2017, it was 22.68 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Essential Oils from the US in 2023 will be around 35.20 US $ per kg, and in 2024, it will be around 36.36 US $ per kg.The exports of essential oils from US 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)
US Essential Oils Import Prices - Historical, Trends and Prediction
The import prices of Essential Oils into the US over the last five years have been quite varied. In 2012, the price per kilogram was 27.66 US dollars. This decreased to 26.93 US dollars in 2013, before increasing to 31.41 US dollars in 2014. The price then rose to 34.86 US dollars in 2015, before dropping to 32.54 US dollars in 2016. The price then decreased further to 22.68 US dollars in 2017, before increasing again to 30.91 US dollars in 2018. The price then rose to 32.56 US dollars in 2019, before dropping to 31.18 US dollars in 2020. The price then increased to 34.04 US dollars in 2021, before dropping to 33.10 US dollars in 2022. Based on the data, it is predicted that the price of Essential Oils per kilogram in 2023 will be 33.50 US dollars, and in 2024 will be 33.90 US dollars.Export values for US essential oils
The total values in export for essential oils in US were US$ 289,778, US$ 356,643, US$ 406,239 and US$ 395,212 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of essential oils in other countries across North America: Canada essential oils, US essential oils, Anguilla essential oils, Antigua and Barbuda essential oils, Bermuda essential oils, Bonaire, Sint Eustatius and Saba essential oils, St.Pierre and Miquelon essential oils, United States Minor Outlying Islands essential oils, Cayman Islands essential oils & Greenland essential oils.
US essential oils - Production, Exports, Imports, Seasons and HS Codes
The volume of essential oils exported by US in 2020 was 13,687 metric tons. In 2019 US sold 12,475 tonnes of essential oils. In 2019 alone, the market for US essential oils (processed category) has gone down, recording a change of -5.039 pc compared to the year 2018. Between 2017 and 2019, essential oils' exports decreased by -19.07 pc earning the exporter US$395.21m for the year 2019. US' essential oils exports are classified as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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US essential oils export values
In 2019, US supplied essential oils with a value of 395.21m USD, a drop of -2.71% from 2018's total essential oils export of 406.239m USD. The annual reduction in value of US essential oils between 2017 to 2018 was 13.906 pc.
The annual change in the amount of US' essential oils exports between 2017 and 2019 was -19.07% in comparison to a variation of -5.039% in the period between 2018 and 2019.
US' share of the world's total essential oils' exports in 2019 was 5.2 per cent. US is ranked position 5 in world exports of essential oils.
Export markets for US essential oils ( in '000$ )
US' best performing destinations for essential oils are Canada, the Netherlands, China, Japan and Switzerland.
Import/Export Trends
US is a net exporter of essential oils. The annual growth of US essential oils in value between 2015 to 2019 was -6%, per year, while annual growth in quantity through the same period was 9%, per annum.
US purchased 14,046 tonnes of essential oils in 2019.