What is the price of peppermint oil per kilogram/pound in US today?
The retail price range for US peppermint oil is between US$ 18.72 and US$ 31.53 per kilogram or between US$ 8.49 and US$ 14.30 per pound(lb). Click here to see today's exact prices of peppermint oil in US
The retail price range in Euro for peppermint oil is between EUR 17.18 and EUR 28.93 per kilogram or between EUR 7.79 and EUR 13.12 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US peppermint oil is between US$ 13.11 and US$ 22.07 per kilogram or between US$ 5.94 and US$ 10.01 per pound(lb).
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US Peppermint Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peppermint Oil from the US over the last five years has seen a steady decline. In 2017, the price was 37.66 US dollars per kilogram, dropping to 33.78 US dollars per kilogram in 2018. In 2019, the price decreased further to 33.14 US dollars per kilogram, and in 2020, the price dropped to 28.28 US dollars per kilogram. The most recent data shows that in 2021, the price was 24.90 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Peppermint Oil from the US in 2023 will be around 21.36 US dollars per kilogram, and in 2024, the price will be around 17.92 US dollars per kilogram.US Peppermint Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peppermint Oil into the US over the last five years has seen a steady decline. In 2016, the price was 37.42 US dollars per kilogram, and by 2021, it had dropped to 24.90 US dollars per kilogram. This represents a 33.3% decrease in the price of Peppermint Oil over the five-year period. The most significant drop in price occurred between 2020 and 2021, when the price fell from 28.28 US dollars per kilogram to 24.90 US dollars per kilogram, a decrease of 12.3%. Based on this trend, it is likely that the price of Peppermint Oil will continue to decrease in the coming years. We can predict that the price of Peppermint Oil in 2023 will be around 21.50 US dollars per kilogram, and in 2024, it will be around 18.20 US dollars per kilogram.Export values for US peppermint oil
The total values in export for peppermint oil in US were US$ 80,564, US$ 86,087, US$ 83,372 and US$ 76,075 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 peppermint oil in other countries across North America: Canada peppermint oil, US peppermint oil, Anguilla peppermint oil, Antigua and Barbuda peppermint oil, Bermuda peppermint oil, Bonaire, Sint Eustatius and Saba peppermint oil, St.Pierre and Miquelon peppermint oil, United States Minor Outlying Islands peppermint oil, Cayman Islands peppermint oil & Greenland peppermint oil.
US peppermint oil - Production, Exports, Imports, Seasons and HS Codes
The volume of peppermint oil exported by US in 2020 was 2,985 tonnes. In 2019 US exported 2,297 tonnes of peppermint oil. Through 2019 alone, the demand for US peppermint oil (processed category) has decreased, flactuating by -6.929 per cent compared to the year 2018. Between 2017 and 2019, peppermint oil's exports went up by 0.48 percent bringing the exporter US$76.08m for the year 2019. US' peppermint oil exports are classified as:
- Oils of peppermint "Mentha piperita", whether or not terpeneless, incl. concretes and absolutes (HS code 330124)
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US peppermint oil export values
In 2019, US supplied peppermint oil costing 76.08m USD, a reduction of -8.75% from 2018's total peppermint oil export of 83.372m USD. The annual change in value of US peppermint oil between 2017 to 2018 was -3.154%.
The annual/yearly variation in the amount of US' peppermint oil exports between 2017 and 2019 was 0.48 percent in comparison to a variation of -6.929% in the period between 2018 and 2019.
US' stake of the world's total peppermint oil's exports in 2019 was 1.2 pc. US holds number 22 in world exports of peppermint oil.
Export markets for US peppermint oil ( in '000$ )
Import/Export Trends
US is a net importer of peppermint oil. The annual growth of US peppermint oil in value between 2015 to 2019 was -1%, per annum, while annual growth in quantity for the same period was 4%, per annum.
US brought in 846 tonnes of peppermint oil in 2019.