Russia Essential Oils Market Insights
Table of Contents
Russia essential oils export quantities
The volume of essential oils sold by Russia in 2020 was 476 tonnes. In 2019 Russia shipped 334 tonnes of essential oils. For 2019 alone, the demand for Russia essential oils (processed category) has gone down, changing by -19.324 percent compared to the year 2018. Between 2017 and 2019, essential oils' exports reduced by -9.24 pc earning Russia US$11.13m for the year 2019. Russia's essential oils exports are classified as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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Russia essential oils export values
In 2019, Russia supplied essential oils worth 11.13m USD, a decrease of -20.34% from 2018's total essential oils export of 13.972m USD. The yearly change in value of Russia essential oils between 2017 to 2018 was 6.332 per cent.
The yearly variation in the volume of Russia's essential oils exports between 2017 and 2019 was -9.24 percent in comparison to a variation of -19.324% in the period between 2018 and 2019.
Russia's stake of the world's total essential oils' exports in 2019 was 1.2%. Russia is ranked number 14 in world exports of essential oils.
Export markets for Russia essential oils ( in '000$ )
Russia's best performing destinations for essential oils are Germany, Belarus, Kazakhstan, France and the Netherlands.
Import/Export Trends
Russia is a net exporter of essential oils. The annual growth of Russia essential oils in value between 2015 to 2019 was 18%, per annum, while annual growth in quantity for the same period was -12%, per annum.
Russia ordered 191 tonnes of essential oils in 2019.
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Production of other produce in the Processed category in Russia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea and Black Tea.
See the production 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 and Hungary essential oils.