Eucalyptol Price Trend and Forecast

Eucalyptol Regional Price Overview

Get the latest insights on price movement and trend analysis of Eucalyptol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Eucalyptol Price Trend for the First Half of 2024

Eucalyptol, also known as cineole, is a natural compound found in eucalyptus oil, comprising up to 90% of its composition. It is responsible for the oil's distinctive aroma and is widely used in pharmaceuticals, cosmetics, and personal care products due to its anti-inflammatory and antimicrobial properties. In the context of the Nilgiris' eucalyptus oil industry, the declining availability of eucalyptus leaves has directly impacted the supply of eucalyptol-rich oil. As the government discourages eucalyptus plantations and replaces them with native species for environmental reasons, raw material shortages have reduced oil production drastically from about 700 tonnes per year two decades ago to just 70 tonnes annually today.
 

Eucalyptol Price Chart

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Consequently, the reduction in eucalyptus oil output has limited the availability of eucalyptol for industrial uses, affecting supply to major buyers like pharmaceutical and cosmetic companies. With the diminished production, market participants are shifting towards alternative essential oils such as lemongrass, citriodora, and geranium. This constrained supply and the lukewarm demand for eucalyptol in health and personal care products suggest upward pressure on prices. However, the future of the eucalyptus oil and eucalyptol market in the Nilgiris remains uncertain, largely dependent on raw material availability and shifting market dynamics.

Analyst Insight

According to Procurement Resource, not much change is projected in Eucalyptol prices going forward as well. The markets are likely to remain consolidated moving forward, too.
 

Eucalyptol Price Trend for the Second Half of 2023

The eucalyptol price trend was observed to be growing steadily during the said time period. This development was primarily induced by the increase in the raw material prices of eucalyptus leaves. Since the eucalyptol is extracted from the eucalyptus leaves’ essential oil, their market trends closely exist with each other.

In the Indian Eucalyptol market, the biggest issue came from the persistent unavailability of eucalyptus leaves. Since the long cultivation of eucalyptus trees affects soil fertility, the vegetation was being altered in the major supplying regions of the country. This gave a significant pushdown to the eucalyptol yields, and these strained supplies translated into rising prices for eucalyptol. Even the pulp for paper manufacturing industries got more expensive amidst constricted availability. Overall, a rising price trend for eucalyptol was witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Eucalyptol market prices are expected to follow a similar trajectory in the coming months since the supply situation is unlikely to improve anytime soon.
 

Eucalyptol Price Trend for the First Half of 2023

Eucalyptol or 1,8-cineole is a distillation product of Eucalyptus or stevia leaves. Came to be known for its therapeutic properties, Eucalyptol is used in various industrial sectors like air care, flavor, and fragrance, food, pharmaceuticals, personal care, hygiene, natural insecticides, or repellents, etc. Eucalyptus essential oil contains a good amount of Eucalyptol, thus exhibiting its valuable properties.

The eucalyptol market, though significant, is still growing as it is not a high-demand product. Its market is usually observed to be fluctuating. During the discussed time period, the Eucalyptol prices were observed to be tottering at the lower end of the scale. With limited demands, lower feedstock prices, and decreased upstream costs, the price trend swung low throughout. Overall, dull market sentiments were observed.

Analyst Insight

According to Procurement Resource, Given the limited demands, the price trend for Eucalyptol do not seem to be improving in the upcoming months.

Procurement Resource provides latest prices of Eucalyptol. 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.