Market Report Summer 2026

SUMMER SURRENDER!

Discover the latest insights into the ingredients, ideas, and fragrance directions shaping the season in our feature-packed Summer Edition. This issue explores how summer fragrances continue to embrace lightness and vibrancy, with fresh citrus, aromatic notes, and transparent woods creating compositions that feel effortless and contemporary. We also look at how perfumers are introducing depth, character, and lasting performance while preserving the freshness that defines warmer-month creations.

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Argentina

Lemon Oil

Lemon Oil Citrus limon (L.) Burm. F. Harvest: May - July

Argentina’s 2026 lemon harvest is progressing with adequate overall fruit availability, although heavy rainfall delayed harvesting and processing in parts of Tucumán. USDA forecasts MY 2025/26 lemon production at approximately 1.90 million MT, broadly stable against the revised 1.91 million MT recorded in MY 2024/25. Argentina continues to direct most of its lemon crop to industrial processing, supporting substantial production of essential oil, juice and dehydrated peel. However, temporary harvesting interruptions, higher agricultural costs and uncertainty surrounding oil recovery are limiting aggressive forward offers. The Summer 2026 market is therefore stable in volume but firm in immediate availability.

Market prices : USD 16/KG

Brazil

Orange Oil CP

Orange Oil CP Citrus sinensis Harvest: July - December

Brazilian orange prices have declined in 2026, primarily due to weaker global demand and higher carry-over inventories rather than an increase in fruit production. Fundecitrus forecasts the 2026/27 crop at 255.2 million boxes, down 12.9 percent from the previous season and 14.7 percent below the 10-year average, highlighting the continued impact of citrus greening (HLB) on supply.


Despite softer orange juice prices, orange oil fundamentals remain firm, as availability continues to be constrained by limited fruit supply. At the same time, rising production costs and a stronger Brazilian Real continue to put pressure on grower margins. Orange oil prices are expected to remain firm through the remainder of 2026, despite continued weakness in the juice market. Structurally constrained orange supply, persistent HLB pressure, elevated production costs, and currency effects are expected to provide underlying support to oil prices.

While weaker juice demand and higher carry-over stocks may continue to weigh on the broader citrus market, the decline in orange and juice prices should not be interpreted as a recovery in fruit supply. With the Brazilian crop remaining well below historical averages, orange oil availability is expected to stay relatively tight, limiting the potential for any significant downward price correction.

Market prices : USD 13/KG

Bulgaria

Rose Oil

Rose Oil Rosa damascena Harvest: May - June

A humid May delayed the start of the 2026 rose harvest, while subsequent dry conditions, elevated temperatures and strong winds likely reduced the oil content of the flowers. Labour availability remained a significant constraint throughout the harvest period, adding further pressure to production. Organic flowers continued to command a premium of approximately 30 percent. As a result, summer 2026 rose oil availability is tighter than initial flower volumes had suggested, with market sentiment remaining firm.

 

Market prices : USD 12750/killo

China

Cassia Oil

Cassia Oil Cinnamomum cassia

Supply and demand for Chinese cassia oil is currently relatively well balanced, with the bulk of production continuing to originate from Guangxi and surrounding southern areas. Raw-material availability is sufficient for routine distillation, although firm collection, labour and processing costs leave limited scope for significant price reductions. Demand from flavour, fragrance and traditional-use markets remains steady. Material offering consistent cinnamaldehyde levels and reliable traceability is more tightly held than standard grades, keeping the near-term outlook broadly stable.

Market prices : USD 38/KG
Citronella Oil

Citronella Oil Cymbopogon winterianus Harvest: June - December

Seasonal production is providing reasonable citronella oil availability across China’s principal southern growing areas this summer. Nevertheless, weather variability, agricultural input costs and competition for land and labour continue to influence production economics. Demand from fragrance, household and insect-repellent applications remains steady, while differences in composition and distillation quality continue to create price variation between lots. Standard material is readily obtainable, but buyers requiring consistent citronellal and geraniol profiles are advised to secure suitable quality selectively. Market sentiment remains broadly stable.

Market prices : USD 36/KG
Eucalyptus Oil

Eucalyptus Oil Eucalyptus globulus Harvest: July - October

Following restricted output during the earlier off-season, eucalyptus oil supply has begun to improve with the arrival of fresh Summer 2026 distillation. Production has resumed across the main growing areas, although producers remain cautious in releasing stocks as raw-material, labour and distillation costs remain elevated. Demand is steady, and the near-term market outlook is stable to firm. Buyers are advised to confirm cineole content, pesticide compliance and botanical origin when contracting, particularly for material destined for regulated markets.

Market prices : USD 10/KG
Geranium Oil

Geranium Oil Pelargonium graveolens Harvest: May - September

Unlike China’s larger-volume essential oils, geranium oil remains a relatively specialised product with a more limited production base. Availability is sufficient for normal demand but is not considered abundant, while labour-intensive cultivation and harvesting continue to underpin production costs. Demand from fine fragrance, personal care and aromatherapy applications remains steady, with increasing emphasis on olfactory quality and compositional consistency. Limited flexibility in premium lots leaves the market sensitive to any reduction in crop or distillation output, supporting a stable-to-firm outlook.

Market prices : USD 260/KG
Ginger Oil

Ginger Oil Zingiber officinale Harvest: January - April

Competition for ginger between the fresh-food, dried-product and processing sectors continues to shape the economics of Chinese ginger oil production. Raw-material availability is generally adequate, although distillers remain sensitive to movements in ginger-root prices, energy costs and the availability of suitable material for processing. Demand from flavour, fragrance, wellness and personal-care applications remains steady. Standard requirements can currently be covered, while high-quality lots offering consistent sensory characteristics and full traceability are less flexible. The near-term outlook is stable; with some upside risk should raw-material prices strengthen.

Market prices : USD 85/KG
Star Anise Oil

Star Anise Oil Illicium verum Harvest: March - May, November - December

Market attention for star anise oil is gradually shifting toward the forthcoming autumn crop, with current requirements largely being covered by inventories from earlier harvests. Supply remains concentrated in Guangxi and neighbouring southern regions. Pharmaceutical demand continues to influence the market due to the use of star anise as a source of shikimic acid, alongside steady consumption from flavour and fragrance applications. Availability is adequate for regular requirements, although high-quality, fully traceable material remains less flexible. Weather during flowering and fruit development will be important for the next crop, maintaining a stable-to-firm market tone.

Market prices : USD 25/KG

Eastern Europe

Coriander Seed Oil

Coriander Seed Oil Corriandrum sativum L. Harvest: July - August

Coriander seed oil enters Summer 2026 with limited raw-material availability following strong demand in late 2025, which significantly reduced seed inventories and left minimal carryover into the new season. While overall planted area is reported to be broadly comparable with last year, some growers have shifted acreage toward more profitable crops.


Persistent rainfall and high soil moisture delayed sowing by an estimated two to three weeks, increasing uncertainty around yields ahead of the July-August harvest. Supply conditions are further complicated by fuel availability, higher financing and banking costs, currency pressures and transport constraints. At the same time, domestic consumption continues to absorb a meaningful share of available coriander seed.

With old-crop stocks largely depleted and new-crop availability still dependent on favourable harvesting and logistics, the market remains tight. A significant near-term price correction appears unlikely, while further upward pressure could emerge if crop yields disappoint or transportation conditions deteriorate.

Market prices : USD 85/KG

France

Clary Sage Oil

Clary Sage Oil Salvia sclarea Harvest: June - July

French clary sage remains an important specialty crop within the aromatic-plant sector of southern France. The summer harvest is the key period for fresh oil production, with yield and quality strongly influenced by weather conditions during flowering and the timing of distillation.


Demand remains steady from fine fragrance and perfumery applications, particularly for material with a clean aromatic profile and consistent linalyl acetate and sclareol characteristics. Production is considerably smaller than lavender and lavandin, leaving the market more sensitive to changes in acreage and crop yields.

Market prices : USD 140/KG
Lavender Oil

Lavender Oil Lavandula angustifolia Harvest: September

The French lavender sector continues to be under pressure, particularly across the traditional growing areas of Provence. Hotter and drier conditions, pest and disease pressure and difficult production economics have affected yields in recent seasons, while some growers have reduced acreage or moved toward alternative crops. Harvesting is underway during the summer period, bringing fresh oil to the market, although availability of good-quality French lavender remains relatively controlled. Demand continues from fine fragrance, cosmetics, personal care and aromatherapy, where French origin and traceability retain a strong premium position. With production costs remaining high and the crop increasingly exposed to climatic stress, the market for authentic French lavender oil remains stable to firm, particularly for well-documented and higher-quality material.

 

Market prices : USD 55/KG

India

Citronella Oil

Citronella Oil Cymbopogon winterianus

Regular harvesting is supporting reasonable Indian citronella oil availability through the summer period, with production spread across northeastern and other suitable growing regions. Rainfall remains an important factor, as prolonged wet conditions can affect harvesting, grass moisture and oil recovery during distillation. Demand continues from insect repellents, household products, soaps, fragrances and natural cleaning formulations. Standard grades are generally obtainable, while material offering stronger citronellal specifications, controlled pesticide residues and reliable traceability attracts greater buyer interest. 

Market prices : USD 36/KG
Cornmint Oil

Cornmint Oil

Cornmint remains the more challenging part of India’s mint sector in 2026. Grower interest has been affected by volatile returns, cultivation costs and increasing competition from synthetic menthol, encouraging some farmers in western Uttar Pradesh to reduce acreage or move toward alternative crops, including peppermint. The wider structural pressure from synthetic menthol remains significant, particularly where industrial users prioritise price consistency and year-round availability. This has weakened the economics of natural mentha production and contributed to greater uncertainty over future planting decisions.

 

Market prices : USD 19/KG
Cumin Seed Oil

Cumin Seed Oil Cuminum cyminum Harvest: May - June

Cumin oil continues to follow developments in India’s much larger whole-seed market, with distillers competing against food, spice and export buyers for suitable raw material. As a result, movements in seed prices can quickly influence essential-oil replacement costs.

Demand remains steady from flavour, food, nutraceutical and traditional wellness applications. Oil availability is currently adequate for normal requirements, although high-quality seeds suitable for producing clean, residue-controlled oil attract stronger values. Buyers are increasingly attentive to pesticide compliance, traceability and analytical consistency, particularly for material destined for regulated export markets.

Market prices : USD 60/KG
Davana Oil

Davana Oil Artemisia Pallens Harvest: February - April

Fresh davana oil from the 2026 crop is now available following the main harvesting and distillation period earlier in the year. Production remains highly specialised and concentrated principally in southern India, with Karnataka continuing to play an important role in commercial cultivation.

Following the elevated values seen in earlier seasons, improved cultivation has helped ease some of the previous supply pressure. Nevertheless, davana remains a relatively small-volume oil, and availability of high-quality material can change quickly depending on crop performance and buyer activity.

Market prices : USD 495/KG
Ginger Oil

Ginger Oil Zingiber officinale Harvest: January - April

India continues to offer a broad raw-material base for ginger oil, drawing on production from southern and northeastern growing regions. Current availability is generally adequate, although essential-oil economics remain closely linked to prices in the much larger fresh and dried ginger markets.


Demand remains consistent from flavours, beverages, pharmaceuticals, fragrance and wellness applications. The maturity and moisture content of the rhizomes used for distillation have a significant influence on oil yield and aromatic character, making raw-material selection particularly important. Standard oil is readily available, while export-quality material with a fresh, warm and characteristic ginger profile continues to attract stronger interest. The market is currently balanced, with quality and consistency having a greater influence on pricing than outright availability.

Market prices : USD 105/KG
Jasmine Absolute

Jasmine Absolute Jasminum grandiflorum L. Harvest: June - November

India remains an important origin for Jasminum grandiflorum absolute, with commercial flower production concentrated particularly in Tamil Nadu and other parts of southern India. Fresh-flower availability is highly seasonal and sensitive to temperature, rainfall and labour availability, while growers also have the option of selling flowers into domestic religious, ceremonial and decorative markets. Production of jasmine absolute is exceptionally raw-material and labour intensive. Flowers must be harvested and handled quickly to preserve their aromatic quality, while the low extraction yield means relatively large quantities of flowers are required to produce a small amount of finished absolute. These factors continue to keep production costs high.

Demand from fine fragrance and luxury perfumery remains strong, particularly for material offering the rich, floral and characteristic profile associated with Indian grandiflorum. High-quality, traceable absolute remains selectively available, and the market is stable to firm.
Market prices : USD 3900/KG
Lemongrass Oil

Lemongrass Oil Cymbopogon citratus Harvest: July - November

Summer harvesting is providing regular supplies of Indian lemongrass oil, with cultivation spread across several southern, central and northeastern producing areas. Raw-material availability is presently sufficient for normal market requirements, although rainfall and harvesting intervals continue to influence oil recovery and citral levels. Demand remains steady across fragrance, household cleaning, personal care, aromatherapy and flavour applications. Standard grades are readily obtainable, keeping the broader market competitive. High-citral material with good colour, freshness, pesticide compliance and full traceability continues to command a premium.

Market prices : USD 28/KG
Nutmeg Oil

Nutmeg Oil Myristica fragrans Harvest: June - August

Indian nutmeg oil remains a relatively specialised origin, with production centred mainly in Kerala and other parts of southern India. Distillers compete directly with the whole-spice market for suitable nutmeg, meaning essential oil availability depends not only on the crop but also on prevailing spice prices and raw-material quality.


Demand remains consistent from flavour, pharmaceutical, oral-care and fragrance applications. Buyers continue to focus on origin, freshness, chemical profile and myristicin levels, while careful raw-material storage remains important in maintaining oil quality.

Market prices : USD 48/KG
Palmarosa Oil

Palmarosa Oil Cymbopogon martini Harvest: January - June

Palmarosa oil remains reasonably well supplied during Summer 2026, supported by established cultivation across several central and southern Indian producing areas. Regular harvesting is providing sufficient raw material for distillation, while demand remains steady rather than aggressive. Its naturally high geraniol content continues to support use in fine fragrance, cosmetics, soaps, personal care and aromatherapy. Standard material is generally available, although buyers are becoming more selective around geraniol content, colour, freshness, pesticide compliance and traceability. Overall market conditions remain balanced, with limited volatility for standard grades. Premium and certified oils continue to achieve firmer values where analytical quality and origin documentation is consistent.

Market prices : USD 65/KG
Peppermint Oil

Peppermint Oil Mentha piperita Harvest: April - July

Peppermint oil has emerged from the 2026 harvest in a comparatively favourable position, with field reports from key mint-growing areas indicating satisfactory yields and good oil quality. Better returns have also encouraged some growers to increase peppermint cultivation, particularly where the economics of cornmint have become less attractive. Demand remains well established across oral care, confectionery, pharmaceuticals, flavours, aromatherapy and wellness applications. Peppermint is also less directly exposed than cornmint to competition from synthetic menthol, as buyers value the complete aromatic profile of the natural oil rather than menthol content alone. 

Market prices : USD 29/KG

Indonesia

Citronella Oil

Citronella Oil Cymbopogon winterianus Harvest: October - February

Smallholder production continues to shape Indonesia’s citronella oil market, with supply spread across numerous growing and distillation areas. Variable rainfall has influenced harvesting schedules and the moisture content of grass reaching distilleries, contributing to fluctuations in both oil yield and citronellal levels. Demand remains steady from insect-repellent, household-care, soap and fragrance applications. Traceability and controlled distillation is becoming increasingly important purchasing criteria, particularly for export markets. The market is balanced to   slightly firm, with higher-quality material maintaining a premium.

Market prices : USD 36/KG
Clove Leaf Oil

Clove Leaf Oil Syzygium aromaticum

Indonesia’s extensive clove-growing sector continues to provide a substantial raw-material base for clove leaf oil production. Collection and distillation remain highly decentralised, however, resulting in considerable variation in oil quality and eugenol content between producing areas and individual distillers. Rainfall patterns, fuel expenses and competition for distillation capacity are also limiting the availability of lower-priced offers.

Demand remains consistent across eugenol extraction, flavour, fragrance, oral-care and pharmaceutical applications. The market is broadly stable, with a firmer tone for higher-quality grades.

Market prices : USD 17/KG
Nutmeg Oil

Nutmeg Oil Myristica fragrans Harvest: All Year

As a leading global origin for nutmeg and its derivatives, Indonesia remains central to international nutmeg oil supply. Availability is relatively stable but not abundant, with output influenced by rainfall, tree productivity and the harvesting and collection practices of smallholder growers.


Demand from flavour, pharmaceutical, oral-care and fragrance applications remains  consistent. Buyers continue to pay close attention to myristicin content, storage conditions, authenticity and potential adulteration. Standard grades are available, while premium traceable oils produced from carefully handled and properly dried raw material remain more limited. Market sentiment is stable to firm.

Market prices : USD 50/KG
Patchouli Oil

Patchouli Oil Pogostemon cablin Harvest: All Year

Supply conditions for Indonesian patchouli oil continue to differ considerably by producing region, with established output from Sulawesi and Sumatra complemented by developing cultivation areas in Kalimantan. Periods of rainfall can complicate leaf drying and influence oil quality, while differences in fermentation, raw-material handling and distillation practices contribute to variations in patchoulol content, colour and overall sensory profile.


Fine-fragrance demand remains steady, with particular interest in high-patchoulol, traceable and responsibly sourced material. Standard oil is presently available, but premium qualities remain more tightly held and continue to attract firmer replacement values. With climatic variability presenting an ongoing production risk, diversified and transparent sourcing remains important. 

Market prices : USD 79/KG

Italy

Lemon Oil

Lemon Oil Citrus limon (L.) Burm. F. Harvest: November - January, April - July

Weather variability and high cultivation, harvesting and processing costs have added pressure to the sector. While seasonal processing is bringing some fresh oil onto the market, overall availability remains controlled and Italy continues to operate on a considerably smaller scale than the major South American origins.


Demand for Italian lemon oil remains steady, particularly from flavour, fragrance and premium applications where origin, authenticity and traceability are important. Buyers are also paying close attention to sensory profile and analytical consistency. With supply unlikely to loosen significantly in the near term, good-quality Italian material remains firmly priced.


Market prices : USD 20/KG

Spain

Lemon Oil

Lemon Oil Citrus limon (L.) Burm. F. Harvest: November - July

Spain enters the latter part of the 2025/26 lemon season with a noticeably smaller crop. AILIMPO forecasts total production at approximately 1.027 million tonnes, down 18 percent from around 1.254 million tonnes in 2024/25. Total cultivated area remains broadly unchanged at around 50,000 hectares, meaning the reduction is primarily linked to lower yields rather than a major contraction in planted area.

Both principal varieties have been affected. Fino production is forecast to decline by around 15%, while the later Verna crop is expected to fall by approximately 25%. Adverse conditions during flowering and fruit set, unusually heavy spring rainfall and higher-than-normal June temperatures contributed to the lower crop potential. Despite these pressures, improved phytosanitary management has supported fruit quality and increased the proportion suitable for the fresh market.


This creates a tighter situation for processors. With a smaller crop and good-quality fruit being prioritised for fresh consumption, the volume available for juice and essential oil production is more restricted. Lower fruit availability also raises the raw-material cost per unit for processors, keeping pressure on lemon oil replacement values. For this season, attention is increasingly focused on the Verna portion of the crop and remaining industrial availability. Buyers looking for Spanish origin, full traceability and consistent analytical and sensory quality are likely to find less flexibility than in a normal production year. The market for Spanish lemon oil therefore remains firm, with limited scope for lower prices unless processing availability improves materially.

 

Market prices : USD 19/KG

USA

Lemon Oil

Lemon Oil Citrus limon (L.) Burm. F. Harvest: May - July

U.S. lemon supply is relatively comfortable entering Summer 2026, with California continuing to provide most of the national production. USDA’s April forecast placed California lemon production at around 26 million boxes for the 2025/26 season. Florida also contributes a smaller volume to the domestic market. For essential oil, overall fruit production is only part of the picture, as availability depends on the volume directed to processing and the recovery of oil from the peel. Demand remains steady from flavour, beverage, fragrance, household and personal-care applications, with U.S.-origin material valued for consistency and traceability.

 

Market prices : USD 19/KG
Orange Oil

Orange Oil Citrus sinensis Harvest: February - May

The U.S. orange crop has improved during the 2025/26 season, although conditions remain very different between California and Florida. USDA’s April forecast placed total U.S. orange production at approximately 2.53 million tons, around 7 percent above the previous season. California accounts for most of the production and has recorded a stronger crop, while Florida’s orange sector remains considerably smaller than historical levels. This distinction is important for orange oil. Much of California’s production is directed toward the fresh-fruit market, whereas Florida has traditionally been the main U.S. processing origin. As a result, a larger national orange crop does not automatically translate into the same increase in domestic orange oil availability.


Demand remains steady across flavour, beverage, fragrance and household applications. Supply is adequate for regular requirements, but processing volumes and juice-industry activity remain important factors to watch. The market is currently balanced, with good-quality, traceable U.S. material maintaining steady interest.

Market prices : USD 13/KG

Vietnam

Basil Oil

Basil Oil Ocimum basilicum L. Harvest: November - February

Vietnam’s 2026 basil season started under generally favourable conditions, with sunny weather supporting good crop development. Planting was largely completed by May, followed by the first harvest in June. Supply has been adequate so far, with only limited movement in prices.

Cultivation is concentrated mainly in the Red River Delta, with an estimated 120-150 hectares planted in 2025 and annual basil oil production estimated at around 20-30 MT. Several cuttings can be taken during the season, with the second and third harvests normally providing the strongest oil yields.


Further availability will depend on weather conditions between cuttings, which can influence both crop development and oil quality. 

Market prices : USD 85/KG
Cassia Oil

Cassia Oil Cinnamomum cassia Harvest: July - December

Vietnam’s first 2026 cassia harvest began in April and continued through May, bringing good volumes of fresh branches and leaves into distillation. Raw-material availability has been comfortable, while favourable harvesting conditions supported bark collection and processing.

Vietnam has a large cassia-growing base, with cultivation estimated at close to 200,000 hectares and important production concentrated in Lao Cai and surrounding areas. The first harvest generally accounts for around one-third of annual production, while the larger second harvest later in the year provides most of the supply.


Current oil availability is good, and origin prices are showing a slightly softer tendency. However, higher freight costs and shipping surcharges may reduce some of the benefit for international buyers.

Market prices : USD 40/KG