Brazil - Essential Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEssential Oils Price in Brazil - 2023
Contents:
- Essential Oils Price in Brazil (FOB) - 2023
- Essential Oils Price in Brazil (CIF) - 2022
- Essential Oils Exports in Brazil
- Essential Oils Imports in Brazil
Essential Oils Price in Brazil (FOB) - 2023
In July 2023, the average essential oils export price amounted to $13,428 per ton, waning by -18.7% against the previous month. In general, export price indicated mild growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, essential oils export price decreased by -18.7% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 18% against the previous month. As a result, the export price reached the peak level of $16,515 per ton, and then dropped markedly in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Ireland ($29,630 per ton), while the average price for exports to the United States ($11,832 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Essential Oils Price in Brazil (CIF) - 2022
In 2022, the average essential oils import price amounted to $36,128 per ton, shrinking by -13.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 when the average import price increased by 22%. The import price peaked at $41,849 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($108,112 per ton), while the price for Argentina ($12,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Essential Oils Exports in Brazil
In 2022, the amount of essential oils exported from Brazil skyrocketed to 33K tons, rising by 17% against 2021 figures. The total export volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, the exports attained the peak of 37K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, essential oils exports surged to $323M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Essential Oils in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 78.9 | 72.4 | 63.9 | 111 | 12.1% |
Netherlands | 29.4 | 33.3 | 34.4 | 65.0 | 30.3% |
Germany | 20.9 | 23.0 | 28.7 | 35.3 | 19.1% |
United Kingdom | 7.6 | 12.4 | 15.2 | 14.2 | 23.2% |
France | 10.5 | 5.3 | 6.9 | 13.8 | 9.5% |
Spain | 6.2 | 5.7 | 8.0 | 12.6 | 26.7% |
China | 7.9 | 7.2 | 7.4 | 12.4 | 16.2% |
India | 8.4 | 7.8 | 8.0 | 9.1 | 2.7% |
Singapore | 6.4 | 4.9 | 5.7 | 7.9 | 7.3% |
Ireland | 6.8 | 0.4 | 1.0 | 5.5 | -6.8% |
Others | 24.3 | 23.2 | 28.7 | 36.2 | 14.2% |
Total | 207 | 196 | 208 | 323 | 16.0% |
Top Export Markets for Essential Oils from Brazil in 2022:
- United States (12.7K tons)
- Netherlands (7.3K tons)
- Germany (2.8K tons)
- United Kingdom (1.4K tons)
- China (1.3K tons)
- Spain (1.2K tons)
- France (1.1K tons)
- India (1.0K tons)
- Singapore (0.9K tons)
- Ireland (0.6K tons)
Essential Oils Imports in Brazil
In 2022, the amount of essential oils imported into Brazil expanded notably to 2K tons, growing by 8.3% compared with the year before. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, essential oils imports dropped to $71M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of $79M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Essential Oils in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.3 | 16.8 | 19.6 | 15.3 | 2.3% |
France | 11.7 | 14.6 | 12.4 | 10.3 | -4.2% |
India | 9.3 | 13.1 | 8.3 | 8.6 | -2.6% |
Spain | 7.0 | 7.4 | 7.3 | 8.4 | 6.3% |
China | 4.4 | 4.8 | 5.3 | 5.4 | 7.1% |
Italy | 2.9 | 3.7 | 3.5 | 3.9 | 10.4% |
Indonesia | 2.6 | 3.0 | 3.2 | 3.5 | 10.4% |
Paraguay | 1.3 | 1.3 | 2.6 | 2.1 | 17.3% |
Argentina | 2.2 | 1.4 | 1.3 | 2.0 | -3.1% |
Others | 11.5 | 12.5 | 12.8 | 11.6 | 0.3% |
Total | 67.2 | 78.6 | 76.3 | 71.3 | 2.0% |
Top Suppliers of Essential Oils to Brazil in 2022:
- India (434.6 tons)
- China (339.5 tons)
- United States (308.0 tons)
- Argentina (161.7 tons)
- Italy (155.4 tons)
- France (142.8 tons)
- Spain (116.4 tons)
- Paraguay (101.7 tons)
- Indonesia (90.5 tons)
This report provides an in-depth analysis of the essential oils market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20531020 - Essential oils
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the essential oils market in Brazil.
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This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the essential oils market in Brazil.
This report provides an in-depth analysis of the resinoids market in Brazil.
This report provides an in-depth analysis of the global essential oils market.
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The most notable growth rate was observed in September 2022 with an 81% month-to-month increase in exports. In terms of value, exports of Essential Oils experienced rapid expansion, reaching $28M in August 2023.
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
The most notable growth rate was observed in September 2022 with an 81% month-to-month increase in exports. In terms of value, exports of Essential Oils experienced rapid expansion, reaching $28M in August 2023.
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...