What is the price of essential oils per kilogram/pound in Canada today?
The retail price range for Canada essential oils is between US$ 43.61 and US$ 81.40 per kilogram or between US$ 19.78 and US$ 36.92 per pound(lb). Click here to see today's exact prices of essential oils in Canada
The retail price range in Canadian Dollar for essential oils is between CAD 58.87 and CAD 109.89 per kilogram or between CAD 26.70 and CAD 49.83 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada essential oils is between US$ 30.53 and US$ 56.98 per kilogram or between US$ 13.84 and US$ 25.84 per pound(lb).
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Canada Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from Canada has seen a steady increase over the last five years. In 2017, the price was 52.59 US $ per kg, and in 2021 it was 36.69 US $ per kg. This represents an increase of 15.90 US $ per kg. The highest price was in 2015, when it was 44.41 US $ per kg. The lowest price was in 2020, when it was 34.13 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Essential Oils from Canada will be 41.62 US $ per kg in 2022, and will continue to increase in 2023 and 2024.The exports of essential oils from Canada are categorised 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)
Canada Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into Canada over the last five years has been quite volatile. In 2016, the price was 47.17 US dollars per kg, which was the highest in the five year period. This was followed by a sharp decline in 2017 to 52.59 US dollars per kg. In 2018, the price increased slightly to 53.17 US dollars per kg, before dropping to 37.84 US dollars per kg in 2019. The price then decreased further to 34.13 US dollars per kg in 2020, before increasing to 36.69 US dollars per kg in 2021. The most recent data shows that the price of Essential Oils into Canada was 41.62 US dollars per kg in 2022. Based on the data, it is predicted that the price of Essential Oils into Canada will increase to 44.45 US dollars per kg in 2023 and to 47.20 US dollars per kg in 2024.Export values for Canada essential oils
The total values in export for essential oils in Canada were US$ 25,329, US$ 38,760, US$ 39,293 and US$ 28,490 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: 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.
Canada essential oils - Production, Exports, Imports, Seasons and HS Codes
The amount of essential oils shipped by Canada in 2020 was 965 tonnes. In 2019 Canada shipped 753 tonnes of essential oils. Across 2019 alone, the market for Canada essential oils (processed category) has escalated, recording a change of 1.894 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports increased by 2.17 pc netting Canada US$28.49m for the year 2019. Canada's essential oils exports are categorised as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
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Canada essential oils export values
In 2019, Canada exported essential oils valued at 28.49m USD, a decrease of -27.49% from 2018's total essential oils export of 39.293m USD. The yearly reduction in value of Canada essential oils between 2017 to 2018 was 1.375 per cent.
The annual/yearly variation in the volume of Canada's essential oils exports between 2017 and 2019 was 2.17 percent in comparison to a variation of 1.894% in the period between 2018 and 2019.
Canada's portion of the world's total essential oils' exports in 2019 was 1.7%. Canada is ranked position 12 in world exports of essential oils.
Export markets for Canada essential oils ( in '000$ )
Canada's best performing destinations for essential oils are US, Germany, France, the Philippines and the Netherlands.
Import/Export Trends
Canada is a net exporter of essential oils. The annual growth of Canada essential oils in value between 2015 to 2019 was 36%, per year, while annual growth in quantity during the same period was 26%, per annum.
Canada ordered 3,118 tonnes of essential oils in 2019.