Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Azerbaijan - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Azerbaijan (CIF) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Azerbaijan
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Azerbaijan (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $34,051 per ton, surging by 89% against the previous year. In general, the import price saw a significant increase. The pace of growth was the most pronounced in 2015 an increase of 250%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($76,510 per ton), while the price for Russia ($14,883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Azerbaijan
In 2022, overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -56.5% to 505 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 222% against the previous year. As a result, imports attained the peak of 1.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell markedly to $17K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 285% against the previous year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 4.2 | 5.8 | 5.8 | 7.5 | 21.3% |
| India | N/A | N/A | 0.1 | 6.0 | 5900.0% |
| Russia | 0.2 | 11.2 | 12.4 | 2.5 | 132.1% |
| Turkey | N/A | 0.7 | 0.7 | 0.6 | -7.4% |
| China | N/A | N/A | N/A | 0.6 | 0% |
| Austria | 0.6 | 0.6 | 1.9 | N/A | 78.0% |
| Sweden | 0.4 | 2.5 | N/A | N/A | 525.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 5.4 | 20.8 | 20.9 | 17.2 | 47.1% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Azerbaijan in 2022:
- India (192.0 kg)
- Russia (171.0 kg)
- Switzerland (98.0 kg)
- Turkey (34.0 kg)
- China (10.0 kg)
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