Patchouli oil, with its distinct earthy aroma, has captivated the senses of many for centuries. This essential oil is not only known for its unique fragrance but also for its numerous therapeutic benefits. As the demand for natural and aromatic products continues to rise, it’s essential to understand the Patchouli oil market, its price dynamics, and what influences its cost.
Patchouli Oil Price per Kg
The Patchouli oil price per Kg varies significantly depending on several factors, including geographical location, quality, and market demand. In India, which is a major producer of Patchouli oil, the price per kg can range from INR 500 to INR 700 ($7 to $10 USD) for high-quality oil. In contrast, the price may be lower in countries like Indonesia and the Philippines due to differences in production costs and market dynamics.
Patchouli Oil Price in Pakistan
Pakistan also produces Patchouli oil, albeit in smaller quantities compared to India and Indonesia. The price of Patchouli oil in Pakistan is influenced by international market trends and local production. As of today, the price may vary from PKR 5,000 to PKR 8,000 per kg.
Patchouli Oil Price Philippines
The Philippines is another emerging player in the Patchouli oil market. The price of Patchouli oil in the Philippines is relatively competitive, with a kg of high-quality oil priced between PHP 1,200 to PHP 2,000.
Patchouli Oil Price Today
As of today, the Patchouli oil market is characterized by stable pricing, but it’s essential to keep in mind that prices can fluctuate due to various factors. These factors include weather conditions, crop yield, geopolitical events, and shifts in consumer demand.
Patchouli Oil Price Rate in India
India remains a dominant player in the global Patchouli oil market. The price rate for Patchouli oil in India can fluctuate based on factors such as the harvesting season, oil quality, and export demand. It’s crucial for both producers and consumers to stay updated with the latest price rates to make informed decisions.
Patchouli Oil Cost in India
The cost of Patchouli oil production in India can vary depending on several factors. These include labor costs, raw material availability, and extraction methods. On average, the cost of production can range from INR 300 to INR 500 per kg, leaving room for a profit margin when selling at market prices.
Patchouli Oil Commercial Price
The commercial price of Patchouli oil is determined by market forces and can vary from region to region. In international markets, Patchouli oil can be priced anywhere from $8 to $20 per kg, depending on factors such as purity, quality, and certification.
Patchouli Oil 887 Price in India
Patchouli oil with a high patchouli alcohol content, often referred to as “Patchouli 887,” commands a premium price in the Indian market. As of the latest data, the price of Patchouli 887 oil in India ranges from INR 700 to INR 1,000 per kg due to its high demand in perfumery and cosmetics industries.
Patchouli Essential Oil Wholesale Price in India
For businesses looking to buy Patchouli oil in bulk, wholesale prices are generally lower than retail prices. Wholesale prices in India can range from INR 400 to INR 600 per kg, making it an attractive option for businesses in the fragrance and wellness sectors.
Patchouli Oil Price Forecast
Forecasting Patchouli oil prices can be challenging due to the numerous factors affecting the market. However, experts suggest that prices are likely to remain stable in the short term, with a gradual increase in demand for natural and aromatherapy products.
Patchouli Oil Price Chart
Here’s a simplified Patchouli oil price chart to help you understand the historical trends:
- Year 2019: Patchouli oil prices were relatively stable, ranging from $7 to $15 per kg in international markets.
- Year 2020: Prices experienced a slight dip due to the global pandemic, with some fluctuations but generally staying in the $5 to $12 per kg range.
- Year 2021: Prices began to stabilize and even increased slightly, with a range of $8 to $18 per kg.
- Year 2022: Stable prices continued, with a range of $9 to $20 per kg as demand for natural and organic products increased.
It’s important to note that these price ranges are approximate and can vary based on regional factors and market conditions.
In conclusion, Patchouli oil is not just a fragrant essential oil; it’s a commodity with a dynamic market influenced by factors such as production, demand, and quality. Whether you’re a producer, retailer, or consumer, understanding Patchouli oil’s price dynamics is crucial for making informed decisions in this aromatic industry. Keep an eye on market trends and stay connected to industry updates to navigate the Patchouli oil market successfully.