Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Belgium - 2024

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $27,125 per ton, reducing by -19.1% against the previous year. Overall, the import price saw a slight reduction. The growth pace was the most rapid in 2014 an increase of 41% against the previous year. Over the period under review, average import prices reached the maximum at $47,813 per ton in 2017; however, from 2018 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 Germany ($51,663 per ton), while the price for the Netherlands ($11,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $32,870 per ton, with an increase of 82% against the previous year. Overall, the export price saw a notable increase. The export price peaked at $83,064 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($40,125 per ton), while the average price for exports to Singapore ($3,000 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 (+25.8%), 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 Belgium

In 2022, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Belgium was estimated at 48 tons, approximately mirroring the year before. In general, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. As a result, imports reached the peak of 82 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 contracted significantly to $1.3M in 2022. Over the period under review, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Italy (17.9 tons)
2. United States (17.0 tons)
3. France (8.4 tons)
4. Germany (2.0 tons)
5. United Kingdom (0.9 tons)
6. Netherlands (0.6 tons)

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

In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -87.6% to 12 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. As a result, the exports reached the peak of 137 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced remarkably to $395K in 2022. Over the period under review, exports showed a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Netherlands (3.9 tons)
2. United States (2.5 tons)
3. Brazil (1.3 tons)
4. Indonesia (1.3 tons)
5. Switzerland (1.1 tons)
6. United Kingdom (0.5 tons)
7. Australia (0.4 tons)
8. France (0.3 tons)

Source: IndexBox Market Intelligence Platform