Product
Lemon Oil Price Trend and Forecast
Lemon Oil Price Trend and Forecast
Lemon Oil Regional Price Overview
Get the latest insights on price movement and trend analysis of Lemon Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Lemon Oil Price Trend for the Second Half of 2024
The lemon oil price trend fluctuated in the second half of 2024 due to supply challenges. Lemon oil is widely used in fragrance, food and beverage, cleaning products, and personal care industries. It is extracted from lemon zest, making its price highly dependent on feedstock costs. Spain, a major producer of lemon oil, saw a significant decline in lemon production. Both Fino and Verna lemons were impacted by droughts, pests, and diseases, leading to an expected 21% drop in production for the 2024-2025 season. This caused supply constraints for lemon oil.
Lemon Oil Price Chart
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The reduced lemon harvest in Spain affected global supply chains, driving lemon oil prices upward. Other key lemon-growing regions, such as South Africa and Argentina, also faced severe weather conditions, further tightening the market. Despite these challenges, demand for lemon oil remained strong, particularly in the cleaning and personal care sectors, where its fresh fragrance is highly valued. However, the scarcity of raw lemons continued to influence prices until market conditions eased toward the year’s end.
Analyst Insight
According to Procurement Resource, the lemon oil price curve is expected to show a fluctuating trend in the upcoming quarter as the feedstock availability and costs are anticipated to primarily influence the production and prices of the commodity.
Procurement Resource provides latest prices of Lemon 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.
About Lemon Oil
Lemon oil is a highly valued essential oil extracted from the peel of lemons (Citrus limon). It is known for its fresh, zesty aroma and a variety of therapeutic properties. Rich in antioxidants and vitamin C, lemon oil is commonly used in skincare products for its brightening and rejuvenating effects. It also has antibacterial, antiviral, and anti-inflammatory benefits, making it a popular ingredient in cleaning products and natural remedies. Beyond its cosmetic and cleaning applications, lemon oil is widely used in aromatherapy for its mood-lifting and refreshing qualities. Its versatility extends to the food and beverage industry as a natural flavoring agent.
Lemon Oil Product Details
| Report Features | Details |
| Product Name | Lemon Oil |
| HS Code | 3301 |
| Supplier Database | RAS Luxury oils, Doterra International, Edens Garden, Tropical Enterprises, Paras Perfumers |
| 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.
Lemon Oil Industrial Uses
In the fragrance industry, its fresh, uplifting scent is used in perfumes, air fresheners, and scented candles. Due to its natural antibacterial and antiseptic properties, lemon oil is commonly included in household cleaning products, where it acts as a natural disinfectant. In the food industry, it is used as a flavoring agent in beverages, candies, and baked goods. Additionally, lemon oil is popular in cosmetics and skincare products for its brightening, refreshing, and skin-toning benefits, making it a highly versatile and valuable ingredient across various industries.
Methodology
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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