Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus - 2022
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $20,320 per ton in 2022, waning by -32.4% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 36%. As a result, import price attained the peak level of $44,426 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($97,240 per ton), while the price for the UK ($1,078 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), 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 Belarus (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $17,817 per ton, waning by -12.4% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs at $50,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($25,188 per ton), while the average price for exports to Russia amounted to $16,609 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-4.8%).
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus
In 2022, approx. 1.6 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Belarus; with an increase of 130% on the year before. Overall, imports showed resilient growth.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $33K in 2022. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by 76%. As a result, imports attained the peak of $43K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 3.8 | 2.7 | 12.5 | 132.1% |
| Russia | 5.2 | 8.3 | 4.6 | 5.4 | 1.3% |
| Slovenia | 4.0 | 5.0 | 3.2 | 3.8 | -1.7% |
| Italy | 2.6 | 8.8 | 2.1 | 3.2 | 7.2% |
| Latvia | 5.7 | 7.7 | 3.0 | 2.6 | -23.0% |
| India | 0.5 | 0.4 | 0.6 | 0.8 | 17.0% |
| Lithuania | 2.0 | 1.5 | 2.1 | 0.7 | -29.5% |
| United Kingdom | N/A | N/A | N/A | 0.6 | 0% |
| Others | 3.6 | 7.8 | 2.7 | 3.2 | -3.9% |
| Total | 24.6 | 43.3 | 21.1 | 32.8 | 10.1% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Belarus in 2022:
- United Kingdom (516.0 kg)
- Russia (425.0 kg)
- Italy (138.0 kg)
- Germany (129.0 kg)
- Slovenia (120.0 kg)
- Latvia (120.0 kg)
- India (62.0 kg)
- Lithuania (28.0 kg)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus
In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -11.9% to 104 kg for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 44%.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses dropped sharply to $1.9K in 2022. Over the period under review, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 100%. As a result, the exports attained the peak of $3.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.4 | 3.2 | 2.3 | 1.4 | 0.0% |
| Latvia | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Armenia | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 3.2 | 2.4 | 1.9 | 5.9% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Belarus in 2022:
- Russia (87.0 kg)
- Latvia (16.0 kg)
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