Citronella Oil Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Citronella Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Citronella Oil Price Trend for the Second Half of 2024
Many industries use citronella oil, which is obtained from the leaves and stems of the Cymbopogon plant. With its fresh, citrusy scent, citronella oil is commonly used in perfumes, deodorants, and air fresheners. Its well-known insect-repelling properties make it a key ingredient in mosquito-repellent products. Additionally, citronella oil is used as an aromatic agent in food and beverages and is valued in cosmetics for its antiseptic and soothing properties. In the latter half of 2024, citronella oil prices steadily increased worldwide, primarily due to limited availability and rising demand.
Citronella Oil Price Chart
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Low inventory levels, coupled with suppliers’ inability to meet demand, significantly influenced pricing in many regions. Unfavorable weather conditions in major producing areas led to reduced crop yields, further tightening supply in the market. Additionally, global demand for citronella oil rose notably as consumers increasingly sought natural and environmentally friendly products. This surge in interest strained suppliers, even when adequate stocks were available. Demand also saw an uptick due to pre-festive stocking, as the personal care and fragrance sector prepared for the Christmas season.
Analyst Insight
According to Procurement Resource, the Citronella Oil price curve is expected to show similar movements amid the low inventories and high demand for the commodity in the coming months.
Procurement Resource provides latest prices of Citronella Oil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Citronella oil is a popular essential oil derived from the leaves and stems of the Cymbopogon plant, particularly Cymbopogon nardus and Cymbopogon winterianus. Known for its fresh, citrus-like scent, it is widely used in the fragrance and personal care industries, found in products like perfumes, soaps, and deodorants. Citronella oil is best known for its insect-repellent properties, commonly included in candles, sprays, and lotions to ward off mosquitoes. Additionally, it has antibacterial and antifungal qualities, making it useful in cleaning products and skin treatments. Its versatility extends to aromatherapy, offering relaxation and mood-enhancing benefits.
Report Features | Details |
Product Name | Citronella Oil |
HS Code | 33012990 |
Supplier Database | Manohar Botanicals Extracts Pvt Ltd, The Essential Oil Company, Kanta Group, Aromatic & Allied Chemicals, Phoenix Herb Company |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Citronella Oil Production via Hydrodistillation Method: The process involves inserting chopped citronella stems and distilled water into a boiling flask with a variation of the ratio F/S 0.2 (w/v) for 240 min, followed by heating the material with a 1000 mL heating mantle and a maximum temperature of 450 °C. Further, the distillate started dripping on the beaker that was accommodated at different time intervals, followed by the separation of the mixture of oil and water by using a separatory funnel. This process results in the extraction of citronella oil.
Citronella Oil has a wide range of industrial applications, particularly in the fragrance, cosmetics, and pesticide industries. In the fragrance sector, its fresh, citrusy aroma is commonly used in perfumes, soaps, and deodorants. Citronella Oil is especially popular as a natural insect repellent in candles, sprays, and lotions due to its effectiveness in warding off mosquitoes and other pests. It is also used in cleaning products for its antibacterial properties. Additionally, Citronella Oil finds use in aromatherapy for stress relief and mood enhancement, making it a versatile and valuable commodity in various sectors.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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