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Lime Oil Price Trend and Forecast
Lime Oil Price Trend and Forecast
Lime Oil Regional Price Overview
Get the latest insights on price movement and trend analysis of Lime Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Lime Oil Price Trend for the Second Half of 2024
The lime oil price curve displayed a fluctuating trend in the second half of 2024. Various sectors utilize lime oil due to its refreshing and mood-uplifting properties. It is used in aromatherapy to alleviate stress and anxiety. Its light, tangy scent is commonly used in perfumes and cleaning products, as well as in candles, to provide a zesty aroma and natural disinfectant properties. According to the lime oil database, lime oil prices followed the variations in the upstream market. Harsh weather conditions hampered lime production in major producing regions.
Lime Oil Price Chart
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The lime trees were affected by persistent La Niña conditions, which resulted in drought-like conditions. The aftermath of the Yaku Cyclone created a particularly challenging season in Peru, with some reports suggesting a reduction in production by as much as 40% in the region. Similarly, other South American nations, including Brazil and Bolivia, faced similar adverse weather conditions, leading to a scarcity of fruit. The limited availability of high-quality fruits caused the price of lime oil to increase, particularly during this period.
Analyst Insight
According to Procurement Resource, the lime oil price curve is likely to witness a fluctuating trend in the upcoming months directly influenced by the limited availability of good quality feedstocks.
Procurement Resource provides latest prices of Lime 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 Lime Oil
Lime oil, derived from the rind of Citrus aurantiifolia, is a highly aromatic essential oil known for its sharp, refreshing citrus fragrance. It is widely used in the fragrance industry to enhance perfumes, colognes, and air fresheners. Lime oil is also valued for its antiseptic, antibacterial, and antiviral properties, making it a popular ingredient in cleaning products. In skincare, it is used for its rejuvenating effects, helping to brighten the skin and fight acne. Additionally, lime oil is employed in the food and beverage industry as a natural flavoring, adding a zesty, tangy taste to products like drinks, candies, and desserts.
Lime Oil Product Details
| Report Features | Details |
| Product Name | Lime Oil |
| HS Code | 5201 |
| Supplier Database | Chevron Corp., ADM Co., Givaudan S.A., Symrise AG, Cargill Corp. |
| 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.
Lime Oil Industrial Uses
Lime oil, extracted from the peel of limes (Citrus aurantiifolia), has a broad range of industrial applications due to its invigorating aroma and beneficial properties. In the fragrance industry, lime oil is widely used in perfumes, air fresheners, and scented products for its fresh, citrusy scent. It is also a popular ingredient in cleaning products due to its antibacterial, antiviral, and degreasing properties. Lime oil is used in the food and beverage industry as a natural flavoring agent, particularly in soft drinks, candies, and baked goods. Additionally, it is incorporated into skincare products for its refreshing, rejuvenating, and antiseptic qualities, making it highly versatile across multiple 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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