Market Report September 2021

by NEO PHILIPPINES Admin

The following report contains updates on the current trends in production and availability of the most in-demand Essential Oils sourced from around the globe.

Eucalyptus Lemon Essential Oil (Brazil)


Eucalyptus citriodora is an evergreen tree that prefers well-drained soil for best yield, and in Brazil, the production of Eucalyptus Lemon is in high volume from April to October as there is less rain, and from November to March the production is a little lower due to heavy rain. This year there weren't any problems with the Eucalyptus plantations and the production remains consistent with the previous year. The first half of the year showed a steady demand and the prices are rising as the cost of raw materials, fuel, maintenance, electricity, packing, transportation, and other costs have increased due to uncertainty caused by the covid situation, driving up the overall cost.

Pine Scotch Essential Oil
In Hungary, the twigs and needles of the evergreen Pinus Sylvestris are gathered during the beginning of Autumn and Spring. Although there were favorable growing conditions, this year's harvest yield is reported to be lower than that of previous year. Demand levels are on the rise for this invigorating essential oil as it is being employed extensively for perfumery, aromatherapy, and household cleaning applications. Market conditions indicate that there is going to be a price increase for this oil in the future.

Eucalyptus Essential Oil (Radiata)


Eucalyptus Radiata is harvested throughout the year with typical harvest periods from January to March, May to July and October to December which vary depending on the weather conditions. The growing conditions during winter is slightly slower than during the summer or monsoon season. The current growing conditions are favorable, and there are no expected issues with production at this time. This year's crop is expected to be similar to that of last year. The demand for Eucalyptus Oil remains strong and continues to increase. The demand is high while the quantities are limited; manufacturers are advised to secure volumes annually.

 

 

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