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

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $7,591 per ton, dropping by -21.9% against the previous year. Over the period under review, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 94% against the previous year. Over the period under review, average import prices attained the maximum at $11,383 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($15,500 per ton), while the price for Lebanon amounted to $7,007 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+29.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $4,670 per ton, rising by 23% against the previous year. Overall, the export price saw perceptible growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($7,000 per ton), while the average price for exports to Free Zones stood at $3,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Bahrain shrank rapidly to 308 kg in 2022, dropping by -45.1% compared with 2021. Over the period under review, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 176%.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced sharply to $2.3K in 2022. Overall, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 321%. As a result, imports reached the peak of $5.5K, and then plummeted in the following year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon3.61.24.02.1-16.4%
Others1.40.11.40.3-40.2%
Total5.01.35.52.3-22.8%

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

  1. Lebanon (295.0 kg)

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

In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -25% to 324 kg, falling for the second consecutive year after two years of growth. Overall, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.9% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 47% against the previous year. As a result, the exports reached the peak of 462 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted to $1.5K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 113% against the previous year.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones33899169273729.7%
United Arab Emirates242273N/AN/A12.8%
Others24.020.0953776218.6%
Total6041,2841,6451,51335.8%

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

  1. Free Zones (201.0 kg)

Source: IndexBox Market Intelligence Platform

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