Essential Oil Market Update

Price increases still coming in for several of our popular oils. Bulgarian Lavender still increasing in price and is now nearly triple the costs of over a year ago.  The 50% shortage in production highly driving the price up.  Lemon is now moving upward in price due to a worldwide shortage of 12.5%.  Grapefruit, Orange, and Lime are still holding steady at this time in spite of low yields. Tangerine may also be going higher due to small supplies. Geranium has doubled in price due to the drought causing a 40% reduction in China.  Ginger, Citronella and Eucalyptus are also effected by this and continue moving up in price.  Cardamom has also doubled due 20-30% reduction in production. Clove production is also down by 15%. Finally, Black Pepper oil may be increasing as well due to supply constraints.  We continue to try and stock all these oils but are experiencing delays due these shortages and price fluctuations.