Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+
Industry Domains
Add 2 More Reports For 20% off
White Oil Prices, Demand and Supply Overview
2025
Base Year
2023-2025
Historical Period
2026-2027
Forecast Period
Market Overview
White Oil prices in Germany, the highest-cost reporting region, rose 8.2% in H1 2026, climbing from USD 1.70/KG in Q1 to USD 1.84/KG by Q2 as spring cosmetic formulation, pharmaceutical excipient, and food processing lubricant procurement and firmer crude oil-derived base oil refining costs drove consistent buying following the brief Q1 2026 pricing moderation. Globally, the average rose from USD 1.200/KG in Q1 to USD 1.296/KG in Q2, an 8.0% gain. For H2 2026, a global average of USD 1.30-1.45/KG is expected, with continued firming on Middle East supply disruptions and growing cosmetic, pharmaceutical, and food sector demand globally.
White Oil is a highly refined, colourless, odourless, and tasteless mineral oil produced by extensive catalytic hydrotreatment and hydrofinishing of light paraffinic petroleum base oil fractions to reduce aromatic hydrocarbon, nitrogen, and sulphur content to residual levels below regulatory thresholds. Food grade meets FDA 21 CFR or European Pharmacopoeia standards for incidental food contact, pharmaceutical grade meets United States Pharmacopeia mineral oil specifications, and technical grade is for industrial applications. The largest pull comes from cosmetic and personal care formulation, where pharmaceutical and food grade white oil serves as the primary emollient base in baby oil, body lotion, skin moisturiser, and hair care preparations due to its non-comedogenic and hypoallergenic properties. Pharmaceutical excipient in tablet coating and topical carrier, food processing machinery lubricant and grain dust control agent, textile machinery lubricant, and cable pulling lubricant applications add further demand. Crude oil price, base oil hydrotreatment refining economics, cosmetic and pharmaceutical sector output, and regional production capacity all feed into the price.
White Oil Price Forecast for 2026
The balance of supply and demand for White Oil through H2 2026 leans moderately firm. Crude oil and base oil feedstock costs firmed from Middle East supply disruptions. Cosmetic formulation, pharmaceutical excipient, and food processing lubricant demand are growing with expanding personal care product output and pharmaceutical manufacturing capacity globally.
The main upside risk is crude oil price spikes alongside accelerating cosmetic and pharmaceutical formulation procurement. The main downside risk is continued base oil refinery surplus and synthetic lubricant substitution maintaining competitive price pressure below the forecast range.
| Region | Price Forecast (USD/KG) | Key Driver |
| Global Average | 1.30 - 1.45 | Base oil cost firming and cosmetic/pharma/food demand support |
| United States | 1.42 - 1.57 | Steady cosmetic and pharmaceutical demand holds firm |
| China | 1.00 - 1.15 | Large refinery capacity keeps it the most affordable |
| Germany | 1.76 - 1.91 | High crude import and energy costs keep it the most expensive |
| India | 1.37 - 1.52 | Growing cosmetic and food demand holds a firm middle |
For the Quarter Ending June 2026
White Oil Prices Q2 2026:
- United States: USD 1.50/KG
- China: USD 1.04/KG
- Germany: USD 1.84/KG
- India: USD 1.43/KG
White Oil Prices in the United States
US White Oil prices averaged USD 1.50/KG in Q2 2026, up 7.9% from USD 1.39/KG in Q1 2026. Firmer base oil refining costs and recovering cosmetic, pharmaceutical, and food processing procurement drove consistent buying following the Q1 moderation.
Why did the price of White Oil change in Q2 2026 in the United States?
Firmer crude oil and base oil hydrotreatment costs raised the production floor. Cosmetic emollient, pharmaceutical excipient, and food machinery lubricant procurement lifted buying. Textile and cable industry technical grade demand provided additional support near USD 1.50/KG.
White Oil Prices in China
Chinese White Oil prices averaged USD 1.04/KG in Q2 2026, up 8.3% from USD 0.96/KG in Q1 2026, the lowest among the tracked markets. Spring cosmetic, pharmaceutical, and food export and domestic procurement lifted buying. Firmer domestic base oil refining costs raised the floor despite large domestic capacity.
Why did the price of White Oil change in Q2 2026 in China?
Spring cosmetic and pharmaceutical export and domestic procurement lifted buying. Firmer domestic crude oil and base oil refining costs raised the production floor. Large domestic refinery capacity kept China the most affordable source.
White Oil Prices in Germany
German White Oil prices averaged USD 1.84/KG in Q2 2026, up 8.2% from USD 1.70/KG in Q1 2026, the highest among the tracked markets. Higher crude oil import, refining, and energy costs elevated European production economics. Recovering cosmetic, pharmaceutical, and food sector demand maintained buying.
Why did the price of White Oil change in Q2 2026 in Germany?
Higher crude oil and base oil hydrotreatment and energy costs elevated European production economics. Middle East supply disruptions added cost premiums to crude oil chains. Recovering cosmetic emollient, pharmaceutical, and food processing procurement maintained buying near USD 1.84/KG.
White Oil Prices in India
Indian White Oil prices averaged USD 1.43/KG in Q2 2026, up 8.3% from USD 1.32/KG in Q1 2026. Growing cosmetic, pharmaceutical, and food export and domestic demand supported buying. Firmer crude oil and base oil import costs raised the production floor.
Why did the price of White Oil change in Q2 2026 in India?
Growing cosmetic and pharmaceutical export and domestic procurement lifted buying. Firmer crude oil and base oil import costs raised the production floor. Food processing machinery lubricant and textile technical grade demand provided additional support near USD 1.43/KG.
For the Quarter Ending March 2026
White Oil Prices Q1 2026:
- United States: USD 1.39/KG
- China: USD 0.96/KG
- Germany: USD 1.70/KG
- India: USD 1.32/KG
White Oil Prices in the United States
US White Oil prices averaged USD 1.39/KG in Q1 2026, easing about 0.7% from Q4 2025. Post-quarter cosmetic and pharmaceutical procurement moderation and soft base oil costs eased the market before the Q2 spring procurement surge.
Why did the price of White Oil change in Q1 2026 in the United States?
Post-quarter cosmetic and pharmaceutical procurement moderation reduced buying urgency. Soft crude oil and base oil refining costs eased the production floor. The market eased to USD 1.39/KG before the Q2 spring cosmetic formulation surge.
White Oil Prices in China
Chinese prices averaged USD 0.96/KG in Q1 2026, easing about 1.0% from Q4 2025. Post-Lunar New Year cosmetic and pharmaceutical procurement moderation held the market near USD 0.96/KG.
Why did the price of White Oil change in Q1 2026 in China?
Post-Lunar New Year cosmetic and food processing procurement moderation reduced urgency. Soft domestic crude and base oil costs eased the production floor. The market eased to USD 0.96/KG before the Q2 spring procurement surge.
White Oil Prices in Germany
German prices averaged USD 1.70/KG in Q1 2026, easing about 1.2% from Q4 2025. Post-quarter cosmetic and pharmaceutical procurement moderation and soft crude and energy costs eased the European market near USD 1.70/KG.
Why did the price of White Oil change in Q1 2026 in Germany?
Post-quarter cosmetic, pharmaceutical, and food processing procurement moderation reduced urgency. Soft crude oil and base oil refining costs eased the production floor. The market eased to USD 1.70/KG before the Q2 spring cosmetic formulation surge.
White Oil Prices in India
Indian prices averaged USD 1.32/KG in Q1 2026, easing about 0.8% from Q4 2025. Post-holiday cosmetic and pharmaceutical procurement moderation held the market near USD 1.32/KG.
Why did the price of White Oil change in Q1 2026 in India?
Post-holiday cosmetic and pharmaceutical procurement moderation reduced urgency. Soft crude oil and base oil import costs eased the production floor. The market eased to USD 1.32/KG before the Q2 spring procurement surge.
Quarterly White Oil Price Trends
Global White Oil prices followed an alternating pattern, dipping in Q3 2025 and Q1 2026 on seasonal procurement moderation before recovering in Q4 2025 and surging in Q2 2026. The average eased from USD 1.20/KG in Q2 2025 to USD 1.188/KG in Q3, recovered to USD 1.212/KG in Q4, eased to USD 1.200/KG in Q1 2026, then surged to USD 1.296/KG in Q2 2026, a net gain of about 8.0% over the window. Crude oil and base oil refining cost cycles and cosmetic, pharmaceutical, and food sector procurement drove the alternating pattern.
| Quarter | Price (USD/KG) | QoQ Change | Direction |
| Q2 2026 | 1.296 | +8.0% | ↑ Rising |
| Q1 2026 | 1.200 | -1.0% | ↓ Falling |
| Q4 2025 | 1.212 | +2.0% | ↑ Rising |
| Q3 2025 | 1.188 | -1.0% | ↓ Falling |
| Q2 2025 | 1.200 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
What was White Oil Price in 2025?
White Oil prices firmed modestly through 2025 on consistent cosmetic and pharmaceutical demand. The global average opened near USD 1.19/KG in Q1 2025 and closed at USD 1.212/KG in Q4, a full-year gain of about 1.8%. Crude oil and base oil refining cost dynamics and cosmetic, pharmaceutical, and food sector procurement drove the quarterly pattern throughout the year.
White Oil Prices in the United States in 2025
US prices firmed from about USD 1.38/KG in Q1 2025 to USD 1.40/KG by Q4, a gain of 1.4%. Consistent cosmetic, pharmaceutical, and food processing demand maintained the upward trend.
White Oil Prices in China in 2025
Chinese prices firmed from roughly USD 0.96/KG in Q1 2025 to USD 0.97/KG by Q4, a gain of 1.0%. Growing cosmetic and food export and domestic demand drove modest firming.
White Oil Prices in Germany in 2025
German prices firmed from about USD 1.70/KG in Q1 2025 to USD 1.72/KG by Q4, a gain of 1.2%. Consistent cosmetic, pharmaceutical, and food sector demand and firm crude costs supported the market.
White Oil Prices in India in 2025
Indian prices firmed from roughly USD 1.31/KG in Q1 2025 to USD 1.33/KG by Q4, a gain of 1.5%. Growing cosmetic and food export and domestic demand drove modest firming.
How We Can Help
Expert Market Research: Your Source for Real-Time White Oil Price Intelligence
Expert Market Research tracks White Oil prices continuously across every major producing and consuming region. The team traces causation through crude oil and base oil refining economics, cosmetic and pharmaceutical sector procurement cycles, and regional production capacity. Contact Expert Market Research today for White Oil pricing data, bespoke market analysis, and strategic procurement advisory.
Pricing Plans
USD
-
$799
-
$3499
-
$4299
-
$7999
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Key Questions Answered in the Report
Cosmetic and personal care formulation as the primary emollient base in baby oil, body lotion, moisturiser cream, and hair care products takes the largest share globally. Pharmaceutical excipient use in tablet coating and topical carrier, food processing machinery lubricant and grain dust control, textile machinery lubricant, cable pulling lubricant, and plastics mould release also consume significant volumes globally.
The Q2 2026 average was USD 1.50/KG in the United States, USD 1.04/KG in China, USD 1.84/KG in Germany, and USD 1.43/KG in India. Germany remains the highest-priced market.
The global average rose from USD 1.200/KG in Q1 to about USD 1.296/KG in Q2, a gain of around 8.0%. Spring cosmetic formulation and pharmaceutical procurement and firmer base oil refining costs drove the H1 surge following the Q1 moderation.
Cosmetic and pharmaceutical formulation procurement cycles create alternating quarterly buying patterns. Post-procurement cycle moderation in Q1 and Q3 creates dips while spring and year-end cosmetic and pharmaceutical procurement surges in Q2 and Q4 drive upticks.
The global average is expected in the USD 1.30 to 1.45/KG range for H2 2026, with continued firming as base oil costs stay elevated and cosmetic, pharmaceutical, and food demand grows globally.
Germany sits highest on crude import and energy costs, the United States and India hold a firm middle on cosmetic and pharmaceutical demand, and China prices lowest on large domestic refinery capacity.
This report is updated monthly. For real-time pricing intelligence, contact the Expert Market Research team directly.
Prices respond mainly to crude oil and base oil feedstock costs, cosmetic and pharmaceutical sector procurement cycles, and food processing industry output. Crude oil prices and personal care product sector activity are key upstream signals.
Asia Pacific and North America hold the largest white oil production capacity, with China holding the largest single regional output. Any crude oil cost shift ripples across markets within one quarter.
Buyers can use quarterly trends and forecasts to time cosmetic and pharmaceutical formulation contracts around crude oil and base oil cost cycles, build cover when petroleum signals tighten, and monitor cosmetic sector output as the primary demand signal.
Basic Report -
One Time
Basic Report -
Annual Subscription
Detailed Report -
One Time
Detailed Report -
Annual Subscription
Basic Report -
One Time
USD 799
tax inclusive*
- PDF Format
- 2-Years Historical Price Data
- Basic Visualizations And Trend Analysis
- Price Forecast (Next 6 Months)
- Summary Of Factors Influencing Prices
- News And Developments
- Monthly Report Updates
- Macroeconomic Factors And Their Impact
- Supply-Demand Analysis
- Insights From Government Data And Industry Bodies
- Analyst Support For Additional Insights
Basic Report -
Annual Subscription
USD 3,499
tax inclusive*
- PDF Format
- 2-Years Historical Price Data
- Basic Visualizations And Trend Analysis
- Price Forecast (Next 6 Months)
- Summary Of Factors Influencing Prices
- News And Developments
- Monthly Report Updates
- Macroeconomic Factors And Their Impact
- Supply-Demand Analysis (Quarterly)
- Insights From Government Data And Industry Bodies
- Analyst Support For Additional Insights
Detailed Report -
One Time
USD 4,299
tax inclusive*
- PDF Format
- 3-Years Historical Price Data
- Advanced Visualizations And In-Depth Trend Analysis
- Price Forecast (Next 2 Years)
- Comprehensive Analysis Of Factors Influencing Prices
- News And Developments
- Macroeconomic Factors And Their Impact
- Supply-Demand Analysis
- Insights From Government Data And Industry Bodies
- Monthly Report Updates
- Analyst Support For Additional Insights
Detailed Report -
Annual Subscription
USD 7,999
tax inclusive*
- PDF Format
- 3-Years Historical Price Data
- Advanced Visualizations And In-Depth Trend Analysis
- Price Forecast (Next 2 Years)
- Comprehensive Analysis Of Factors Influencing Prices
- News And Developments
- Monthly Report Updates
- Macroeconomic Factors And Their Impact
- Supply-Demand Analysis
- Insights From Government Data And Industry Bodies
- Analyst Support For Additional Insights
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Bundle Type
Flash Bundle
20% OFF
Number of Reports: 3
Small Business Bundle
25% OFF
Number of Reports: 5
Growth Bundle
30% OFF
Number of Reports: 8
Enterprise Bundle
35% OFF
Number of Reports: 10
Overview
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complimentary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complimentary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 80 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complimentary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 100 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complimentary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
- 3 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
- Free Analyst Hours
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
- 5 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
- 8 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Free Analyst Hours - 80 Hours
- Power BI Dashboards
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
- 10 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Power BI Dashboards
- Free Analyst Hours - 100 Hours
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
