Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola - 2022

Contents:

  1. Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola (CIF) - 2022
  2. Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola (FOB) - 2022
  3. Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola
  4. Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola

Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola (CIF) - 2022

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $2,354 per ton, which is down by -13.9% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 76% against the previous year. As a result, import price reached the peak level of $9,815 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($19,331 per ton), while the price for Portugal ($1,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola (FOB) - 2022

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $12,006 per ton in 2022, picking up by 9.7% against the previous year. Over the period under review, the export price, however, faced a deep downturn. The export price peaked at $20,533 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2019 to 2022, the rate of growth in terms of prices for Portugal amounted to -55.4% per year.

Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola

Imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Angola soared to 17 tons in 2022, increasing by 92% on the year before. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 212% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $40K in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 96%. As a result, imports reached the peak of $43K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.73.56.022.1216.1%
India3.16.71.96.628.6%
Netherlands3.59.73.93.50.0%
BelgiumN/A0.14.63.4483.1%
China10.512.24.13.0-34.1%
United States2.96.82.01.3-23.5%
Portugal0.60.90.20.1-45.0%
Others0.42.71.80.2-20.6%
Total21.742.624.340.222.8%

Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Angola in 2022:

  1. Italy (14.1 tons)
  2. India (1.5 tons)
  3. Netherlands (0.7 tons)
  4. Belgium (0.4 tons)
  5. China (0.2 tons)
  6. Portugal (0.1 tons)
  7. United States (0.1 tons)

Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola

In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -3.6% to 350 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 572% against the previous year. As a result, the exports attained the peak of 363 kg, and then dropped modestly in the following year.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses rose sharply to $4.2K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 453%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal0.10.74.04.2247.6%
Congo0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.30.74.04.2141.0%

Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Angola in 2022:

  1. Portugal (350.0 kg)

Source: IndexBox Market Intelligence Platform

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