Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $28,676 per ton, waning by -9.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 32%. As a result, the export price reached the peak level of $36,699 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($36,900 per ton), while the average price for exports to Germany ($10,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $36,136 per ton, increasing by 20% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. The import price peaked at $52,610 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($68,568 per ton), while the price for Spain ($20,555 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 (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina
In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were finally on the rise to reach 6.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $190M in 2022. Over the period under review, exports, however, saw a mild reduction.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 97.2 | 153 | 59.2 | 112 | 4.8% |
| United States | 86.0 | 23.5 | 60.0 | 58.8 | -11.9% |
| Mexico | 0.2 | N/A | 0.1 | 5.9 | 209.0% |
| United Kingdom | 2.8 | 1.7 | N/A | 3.0 | 2.3% |
| France | 3.6 | 2.3 | N/A | 2.7 | -9.1% |
| Netherlands | 4.1 | 1.1 | N/A | 2.3 | -17.5% |
| Germany | 2.5 | 2.2 | 0.7 | 1.9 | -8.7% |
| Others | 2.8 | 2.5 | 0.2 | 3.5 | 7.7% |
| Total | 199 | 187 | 120 | 190 | -1.5% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Argentina in 2022:
- Ireland (3032.2 tons)
- United States (2316.6 tons)
- Mexico (272.0 tons)
- France (253.1 tons)
- United Kingdom (224.2 tons)
- Germany (183.0 tons)
- Netherlands (126.6 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina
In 2022, supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -36.7% to 22 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 203%. As a result, imports attained the peak of 78 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted significantly to $793K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 340 | 311 | 342 | 370 | 2.9% |
| Italy | 379 | 388 | 570 | 354 | -2.2% |
| Germany | 94.1 | 99.9 | 70.8 | 18.7 | -41.6% |
| Spain | 20.8 | 20.1 | 14.6 | 12.4 | -15.8% |
| Uruguay | N/A | 313 | N/A | N/A | 0% |
| Others | 146 | 416 | 46.7 | 38.3 | -36.0% |
| Total | 979 | 1,547 | 1,044 | 793 | -6.8% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Argentina in 2022:
- Italy (14.6 tons)
- United States (5.4 tons)
- Germany (0.6 tons)
- Spain (0.6 tons)
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