Eucalyptus Oil Price Trend and Forecast

Regional Price Overview

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

Eucalyptus Oil Price Trend for the Second Half of 2023

The eucalyptus oil price trend showcased consistent growth during the last two quarters of 2023. Since eucalyptus oil extraction depends on the availability and affordability of its raw material, eucalyptus trees, and leaves, the given span saw a heavy inclination in prices.

Eucalyptus Oil Price Chart

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In The Indian region of Nilgiris, which conventionally has been one of the country's biggest suppliers of eucalyptus oil, the market downsized absurdly short over the last two decades. This has stressed the eucalyptus oil supply chains and disrupted the supplies in the global market, putting the price trend on an uphill trajectory. The demands from the downstream industries also remained under check, which provided a little relief to the otherwise strained market.

Analyst Insight

According to Procurement Resource, the Eucalyptus Oil price trends are likely to remain upward-tottering in the coming months since the supplies will require some time to stabilize.

Eucalyptus Oil Price Trend for the First Half of 2023

Eucalyptus Oil is extracted from Eucalyptus trees via a steam distillation process; it is used as a medicine, bio-repellent, biopesticide, and in flavor and fragrance industries. So, the Eucalyptus Oil prices also depend on the Eucalyptus tree prices.

Eucalyptus trees are usually highly-priced as they grow tall in relatively shorter times and are a good source of timber. As the Eucalyptus has a reputation for depleting soil quality and water levels, the cultivation is generally controlled, and because of that, the prices usually range high.

Analyst Insight

According to Procurement Resource, similar prices are expected for Eucalyptus Oil in the upcoming months; meanwhile narrow range fluctuations are projected.

Procurement Resource provides latest prices of Eucalyptus 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.