Peppermint essential oil trade by country: top importers, exporters and prices
World trade in peppermint essential oil was worth $178.8 million in 2024, about 5.9 thousand tonnes. That is a fall of 15% since 2017, and up 5% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $178.8M | 5.9K t |
| 2023 | $170.7M | 5.4K t |
| 2022 | $180.3M | 5.9K t |
| 2021 | $204.5M | 6.6K t |
| 2020 | $217.8M | 7.2K t |
| 2019 | $203.8M | 6.3K t |
| 2018 | $206.3M | 6.2K t |
| 2017 | $210.2M | 5.8K t |
Top peppermint essential oil exporting countries
Exports are led by the United States (37%), India (33%) and China (7%). 100 countries reported exports, and the top three account for 78%.
| Exporter | Value | Share |
|---|---|---|
| United States | $66.5M | 37% |
| India | $59.5M | 33% |
| China | $13.0M | 7.2% |
| Germany | $10.2M | 5.7% |
| France | $3.8M | 2.2% |
| Hong Kong | $3.2M | 1.8% |
| United Kingdom | $3.1M | 1.8% |
| Spain | $1.9M | 1.1% |
| Singapore | $1.8M | 1% |
| Croatia | $1.6M | 0.9% |
| Netherlands | $1.4M | 0.8% |
| Belgium | $1.4M | 0.8% |
Top importing countries and buyer markets
The United States is the biggest buyer with 16% of world imports, ahead of Germany and China. Demand is spread widely: the top three take 35% across 159 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $29.2M | 16% |
| Germany | $18.1M | 10% |
| China | $15.7M | 8.8% |
| Japan | $13.3M | 7.5% |
| Netherlands | $10.6M | 5.9% |
| Indonesia | $9.3M | 5.2% |
| France | $8.9M | 5% |
| United Kingdom | $8.0M | 4.5% |
| Hong Kong | $5.9M | 3.3% |
| India | $4.9M | 2.7% |
| South Korea | $4.4M | 2.5% |
| Malaysia | $4.1M | 2.3% |
Average price per kg
The world average declared value was about $30.10 per kg in 2024. Among the main exporters, Hong Kong averaged $67.26 per kg and Spain $10.22 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Peppermint essential oil (HS 3301.24) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 3301.24: Oils, essential: of peppermint (Mentha piperita), terpeneless or not, including concretes and absolutes. HS 3301 codes.
Common questions
Which countries export the most peppermint essential oil?
The United States exported $66.5 million in 2024, 37% of the world total, followed by India (33%) and China (7%). In all, 100 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most peppermint essential oil?
The United States imported $29.2 million in 2024, 16% of world imports, ahead of Germany (10%) and China (9%). The top three importers together take 35%. Each country with its own page is linked from the table.
How big is the world trade in peppermint essential oil?
It was worth $178.8 million in 2024, about 5.9 thousand tonnes. That is a fall of 15% since 2017. The peak year was 2020 at $217.8 million. 100 countries reported exports and 159 reported imports.
What is the average price of peppermint essential oil per kg?
The world average declared value was about $30.10 per kg in 2024. Among the main exporters, Hong Kong averaged $67.26 per kg and Spain $10.22 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for peppermint essential oil?
The HS code for peppermint essential oil is subheading 3301.24, in chapter 33 (essential oils and resinoids; perfumery, cosmetic or toilet preparations). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 3301 page.
How can I find peppermint essential oil buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading peppermint essential oil, from direct customs feeds and mirror data. Tell us your markets to see them live.
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