Patchouli oil is made from the dried leaves of Pogostemon Cablin, which are steam distilled. The plant is native to Asia's tropical regions, but it's now widely grown in China, Indonesia, India, Malaysia, Mauritius, Taiwan, the Philippines, Thailand, and Vietnam, as well as West Africa.
Indonesia is the world's leading patchouli producer, accounting for more than 80% of the global market. Patchouli is a tropical perennial that thrives in warm regions. Annual production volumes are currently about 1,000-1,200MT, with market demand estimated to be similar.
Patchouli oil's pricing appears to be stable at the time. The logistical issues are similar to those encountered with other products. In the future months, no significant price increases are predicted. Patchouli oil prices are currently in the range of 45-55 USD/kg.
Procurement Resource provides latest prices of Patchouli 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.
Procurement Resource provides Patchouli Oil prices for several regions around the globe, which are as follows:
About Patchouli Oil:
Patchouli oil is known as an essential oil which comes from the leaves of the patchouli plant. It is generally utilised in the areas related to skin conditions, relieving stress, or controlling appetite. The diluted oil can be applied to the skin or can also be utilised for aromatherapy.
Patchouli Oil is produced from the patchouli leaves. The leaves are collected and then dried, which is followed by the steam distillation and filtration process to finally extract Patchouli Oil.
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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).
Procurement Resource also provides the detailed production cost analysis of Patchouli Oil See more