10 Years Analysis Of The Animal Oil Market

Animal Adrenal Oil

The markup on the adrenal oil market has always been consistent average of 102%, sales dropped in 2014 from an average of 250kPED to 150kPED per month.

Animal Brain Oil

From 2010 to the end of 2012  the market raised up to 160%, in 2013 the market dropped to an average of 115%. The amount of sales heavily fluctuates every few years, but slowly the average amount sold has lowered over time.  In 2016 sales dropped to below 10kPED, but has since recovered to above 25kPED.

Animal Eye Oil

The sales trend has slowly fallen over time from 800kPED to 200kPED in a 10 year period, but is still a great market to get started in with at least 175kPED sold every month. The average markup on this market has mostly remained stable between 102% and 103%.

Animal Heart Oil

Just like brain oil, the market prices for heart oil raised up from 2010 to 2012, and began to fall back down in 2013. The market average is around 107.5%. At the end of 2012 the market peaked at an average of 135%. The most recent fluctuation in the amount sold had been between 10kPED and 50kPED per month.

Animal Kidney Oil

In the last 10 years the market settles at an average markup of 102.5%, but from time to time the prices have risen above 107.5%. Sales in the last 5 years average around 125kPED sold per month.

Animal Liver Oil

The average markup in the last 10 years around 102 to 103%, with only 2 peaks of 106%+ in that time. The average amount of sale took a drop in 2013 from 275kPED to 125kPED per month.

Animal Muscle Oil

Due to this being is one of the most commonly used resource, in 2013 when the animal oil markets dropped in sale, the markup dramatically went up to a high of 110%. The Average markup for this item is normally a low 102%. Before 2013, the average sales was 700kPED per month, now the average is 350kPED per month.

Animal Pancreas Oil

In the last 5 years the sales have been a stable 100kPED per month, and the markup on average has been a stable 101.5%

Animal Spleen Oil

Unlike the the other markets so far, this market is currently on a high peak in sales, since 2017 sales have risen to 350kPED from 75kPED per month. The markup since 2017 is also high, above 110%. Before 2017 the last peak in sales was 2014, and the last peak in markup was 2013. At the markets lowest point the markup was an average of 103%.

Animal Thyroid Oil

In 2013 sales in this market dropped from an average of 400kPED to 100kPED sold per month.
The average markup in the last 10 years has been 102%, but in 2014 markup raised above 105% for 2 years before returning to 102% in 2016.

Market Demands
Currently the animal oils in high demand are adrenal, eye, kidney, liver, muscle and spleen. The animal oils that are in very high demand are eye, muscle and spleen. Animal eye oil is the most brought item on the auction. Animal spleen oil is currently the second most brought item currently, but demand is slowly falling, with markup and demand being high acquiring animal spleen oil should be hunters priority while the market is good for both demand and markup.

Industry Prices
The current cost of construction is very low in almost all of the animal oil markets, and most of the commonly used animal oils have been very stable at a low cost for bulk amounts for years. It is a really good time to buy animal oils and take advantage of the lower than average market costs. Spleen oil is the only major exception, although its demand is high, the cost currently is more than averages.

Investment Options
With almost all of the animal oil markets being low in markup, now is a great time to stock up on animal oils for when the next market markup spikes happens in each individual market. The main market to target currently is animal eye oil, as there is a high amount of supply, currently bulk prices are below 101% on the auction.

A Report: The effect of events on supply and demands

As updates of the the migration was released today, the mighty Eomon Matriarch is the closest to Ashi as it going to get for this year before moving south, with the Eomon herd following behind, and as the migration goes on, I want to take a closer look at an example of how mass hunting in events has on the market value.

Currently in the migration Longtooth are easily the most accessible when it comes to hunting, the lower levels can be hunted by many of the new and old players alike, with the lowest level being the Longtooth adolescent at level 4.

Animal Kidney Oil is one of the items that can be acquired frequently from the Longtooth. It does not need refining unlike hides, wools and skins and it more commonly used in crafting in its raw form.

At the start of the migration season we can easily see that the markup price falls drastically. The main reason for this drop is supply and demand, but there is a little more to this than meets the eye.

In the migration season many people will hunt Longtooth, and many people will acquire Animal Kidney Oil, and with many having Animal Kidney Oil, a number of them will try to sell their items quick on the auction offering lower prices than the people before them.

This happens when there is an oversupply of any resource, more supply means more people have that resources to sell, which means more competitors when selling.

However, this does not mean that there is less demand for that resources, in fact the exact opposite, any smart person who crafts would use this the chance to buy the resource they need when the price is low, secondly, a trader who understand when there is an over supply of an item will buy when the price is low and hold onto it until the price returns to an average level again.

As a hunters and a miner, understanding this will allow you to maximise the return you get from selling your loot, As a crafter understanding this will allow you to minimise the cost of the resources you need when buying.

Many traders will use this chance to use their PED to buy into to low value resources, which tends to cause other markets to raise in markup, the demands from crafters will still be there, but with less of a supply, market prices tend to raise. An items with hardly any sales, does not necessarily mean there are hardly any buyers, it could just as equally be a hard to acquire item, and if so, the markup would be greater.