Bolivia - Essential Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEssential Oils Price in Bolivia - 2023
Contents:
- Essential Oils Price in Bolivia (FOB) - 2022
- Essential Oils Price in Bolivia (CIF) - 2022
- Essential Oils Exports in Bolivia
- Essential Oils Imports in Bolivia
Essential Oils Price in Bolivia (FOB) - 2022
In 2022, the average essential oils export price amounted to $26,359 per ton, growing by 123% against the previous year. Over the period under review, the export price enjoyed a tangible expansion. Over the period under review, the average export prices attained the maximum at $35,448 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($73,907 per ton), while the average price for exports to Spain amounted to $11,496 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+0.2%), while the prices for the other major destinations experienced a decline.
Essential Oils Price in Bolivia (CIF) - 2022
The average essential oils import price stood at $37,609 per ton in 2022, rising by 24% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, essential oils import price increased by +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum at $37,765 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($42,404 per ton), while the price for India ($8,380 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Essential Oils Exports in Bolivia
In 2022, shipments abroad of essential oils decreased by -83.7% to 19 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 259%. As a result, the exports reached the peak of 158 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, essential oils exports fell remarkably to $498K in 2022. In general, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 95% against the previous year. As a result, the exports attained the peak of $2.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Essential Oils in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 466 | 630 | 47.5 | 333 | -10.6% |
Spain | N/A | N/A | N/A | 166 | 0% |
United States | N/A | 787 | N/A | N/A | 0% |
Italy | N/A | N/A | 630 | N/A | 0% |
Netherlands | 632 | 721 | 672 | N/A | 3.1% |
Others | 2.8 | 8.6 | 18.1 | N/A | 154.2% |
Total | 1,101 | 2,147 | 1,368 | 498 | -23.2% |
Top Export Markets for Essential Oils from Bolivia in 2022:
- Spain (14.4 tons)
- France (4.5 tons)
Essential Oils Imports in Bolivia
In 2022, supplies from abroad of essential oils decreased by -61.9% to 617 kg, falling for the second year in a row after two years of growth. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 0.8%. As a result, imports attained the peak of 5.5 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, essential oils imports contracted significantly to $23K in 2022. Over the period under review, imports saw a precipitous slump. The smallest decline of -11.3% was in 2020.
Import of Essential Oils in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 1.0 | 1.6 | 8.7 | 17.5 | 159.6% |
Peru | N/A | 13.2 | N/A | 1.3 | -68.6% |
Germany | 8.0 | 5.3 | 3.4 | 1.3 | -45.4% |
Spain | 29.9 | 59.7 | 33.1 | 1.2 | -65.8% |
Chile | 0.8 | 2.1 | 0.2 | 0.8 | 0.0% |
India | N/A | N/A | 3.3 | 0.6 | -81.8% |
China | 21.1 | 31.4 | 0.1 | 0.4 | -73.3% |
Austria | 29.6 | N/A | N/A | N/A | 0% |
Malaysia | N/A | 7.8 | N/A | N/A | 0% |
United States | 64.4 | 15.0 | N/A | N/A | -76.7% |
Indonesia | N/A | 4.5 | N/A | N/A | 0% |
Others | 5.2 | 1.3 | 0.1 | 0.1 | -73.2% |
Total | 160 | 142 | 48.9 | 23.2 | -47.5% |
Top Suppliers of Essential Oils to Bolivia in 2022:
- Brazil (413.0 kg)
- India (71.0 kg)
- Peru (32.0 kg)
- Germany (32.0 kg)
- Spain (30.0 kg)
- Chile (19.0 kg)
- China (18.0 kg)
This report provides an in-depth analysis of the essential oils market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20531020 - Essential oils
Country coverage:
- Bolivia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bolivia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the essential oils market in Bolivia.
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This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the essential oils market in Bolivia.
This report provides an in-depth analysis of the resinoids market in Bolivia.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the global resinoids market.
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...