Essential oil is an important element of the beauty and wellness industry and is highly sought after by beauty and aromatherapy enthusiasts.

Apart from the aforementioned uses, it is also used by masseuses and perfume makers to make top-quality perfumes. Since these essential oils are highly concentrated and taken out of plants and flowers in large proportions, it is necessary to always use them with some form of diluting agent.

These essential oils always have a demand in the market and hence the reason why sometimes their prices can go sky-high.

Today we are looking at the top 10 most expensive essential oils in the world; oils that have a lot of commercial value but also require the user to spend a lot of their fortunes on. The prices of these oils are measured per ounce, which amounts to approximately 28.3 grams.

List of 10 Most Expensive Essential Oils

10. Neroli Essential Oil

Neroli oil is a 17th-century oil that is derived from the bitter orange tree. Also known as orange blossom oil, Neroli is an oil with a sweet taste and aroma.

It is used mostly in perfumes but it also has uses in creating cosmetics. Neroli is also very helpful in treating conditions such as depression, high blood pressure, skin problems, and even seizures.

The price of 1 ounce (28.3 grams) of Neroli essential oil is $354.

9. Sandalwood Essential Oil

Sandalwood is already a very famous ingredient for numerous cosmetic items, cleanliness, and religious products, but did you know that it is also used in essential oils?

Sandalwood is a native of Southeast Asian countries such as India, China, and Indonesia, and is widely popular for its above-mentioned uses. But, sandalwood is also used to cleanse and purify the skin, it helps in reducing inflammation, healing wounds, and performing aromatherapy.

Because of all these benefits, 1 ounce of Sandalwood essential oil can cost you $492.

8. Elecampane Essential Oil

Elecampane is a herb that comes from horse heal, a plant that is part of the sunflower family.

Found in Europe and some parts of Asia, Elecampane is a wonderful medicinal herb and helps in treating inflammatory problems, muscle spasms, liver problems, and even serious illnesses such as bronchitis and asthma.

Elecampane is also used to create absinthe, a rare type of alcohol. Elecampane is sought after for all these reasons and you can get 1 ounce of Elecampane Essential Oil for $560.

7. Seaweed Essential Oil

Seaweed is a common ingredient in many beauty and healthcare products and is commonly found in the Northern water bodies such as the Baltic Sea, Atlantic ocean, and the Pacific ocean.

Seaweed is enriched with nutrients, vitamins, and enzymes, and its sea-like aroma is a huge sell in many types of perfumes. These perfumes, along with their use in aromatherapy, make Seaweed a potent ingredient for essential oils.

You can get 1 ounce of Seaweed Essential Oil for $650.

6. Rose Essential Oil

Rose is a flower that has been synonymous with perfumes for ages and is a regular ingredient for many beauty products as well. However, rose is also a novelty component that gets used in essential oils.

Rose oil is used to relieve pain in people who have just come out of surgery. Rose oil also helps in regulating blood pressure and heart rates in people. This sweet-smelling oil also has antibacterial and antifungal properties.

Since a lot of rose petals are required in producing just 1 ounce of rose oil, its price per ounce is $700.

5. Agarwood or Oud Essential Oil

Oud oil comes from a tree called Agarwood, and it is one of the most endangered species of trees in the world. Because of this reason, Oud oil is even harder to come by and its prices are through the roof.

Agarwood, apart from being an ingredient for perfumes, is also helpful in reducing stress and can be used in treating cases of depression.

Found only in some parts of Southeast Asia, Oud oil costs $850 for 1 ounce.

4. Cannabis Flower Essential Oil

Cannabis is a notorious little plant that is still considered illegal in many countries. However, the countries where it isn’t illegal, have found it to be of great medicinal use.

Cannabis oil is used in soaps, candles, and perfumes, but it also helps in regulating hormonal imbalances and calming inflammations. This oil also has recently been studied and found useful for cancer treatment purposes.

For 1 ounce of Cannabis Essential Oil, you will have to pay a whopping $946.

3. Frangipani Essential Oil

Frangipani is a beautiful flower that is found mainly in the Central American and Caribbean regions. It has a very sweet and intense smell.

Because of such a fragrance, Frangipani is used to make perfumes, cosmetics, and is also used in destressing therapy.

Enriched with nutrients and antioxidants, this essential oil is also crucial for skincare products, and it is very potent for cleansing the skin. An ounce of this oil can set you back up to $1,482.

2. Tuberose Absolute Essential Oil

Tuberose is a white-petalled Mexican flower that has a very clean and sweet aroma.

Tuberose is associated with a calming sensation and is therefore instrumental in making wellness products that relax the body and mind.

Tuberose also helps in tackling insomnia and is also used in perfumes and aromatherapy.

Since its extraction process is tough, 1 ounce of Tuberose will cost you $1,645.

1. Champaca White Essential Oil

The costliest essential oil in the world, Champaca White, is an Indian flower that is a part of the Magnolia family.

Champaca has a warm and strong smell that is used in many calming therapeutic products and is a powerful aphrodisiac as well. It is used to treat wounds and skin conditions and is also a powerful oil for treating headaches and stress conditions.

Champaca is a staple of the Indian household and has been used by Indian women for centuries in aromatherapy, perfumes, and even for abdominal cramps.

1 ounce of Champaca will cost you a mind-blowing $2,256, so better use it all wisely!

In essence, essential oils are widely popular and are life-saving in many situations where you do not want to take strict medical help. Their uses are endless, and even though the ones listed above can leave a hole in your pockets, they are all wonderful and contain innumerable benefits for you to enjoy.

10 Most Expensive Essential Oils in the World