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

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $21,143 per ton, reducing by -43.5% against the previous year. Over the period under review, the import price saw a noticeable slump. The growth pace was the most rapid in 2014 an increase of 106% against the previous year. Over the period under review, average import prices attained the maximum at $41,822 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($93,273 per ton), while the price for Italy ($16,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), 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 Bulgaria (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $55,880 per ton, growing by 48% against the previous year. In general, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 425%. The export price peaked at $76,928 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($565,250 per ton), while the average price for exports to Lithuania ($27,627 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 Taiwan (Chinese) (+37.8%), 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 Bulgaria

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Bulgaria surged to 3.3 tons, picking up by 27% on 2021. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 110%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted notably to $70K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 148% against the previous year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.520.139.651.333.6%
AustriaN/A7.59.54.7-20.8%
ItalyN/A1.1N/A3.373.2%
United KingdomN/AN/A3.32.5-24.2%
Netherlands0.310.936.11.049.4%
SpainN/A4.91.31.0-54.8%
India0.54.11.30.921.6%
Poland0.25.40.7N/A87.1%
Others1.86.25.14.939.6%
Total24.360.297.069.742.1%

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

  1. Germany (2839.0 kg)
  2. Italy (199.0 kg)
  3. Austria (92.0 kg)
  4. United Kingdom (56.0 kg)
  5. Spain (37.0 kg)
  6. India (13.0 kg)
  7. Netherlands (11.0 kg)

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

In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Bulgaria skyrocketed to 142 kg, growing by 33% compared with 2021 figures. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2019 indices. As a result, the exports attained 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 surged to $7.9K in 2022. In general, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.5N/AN/A2.366.3%
SerbiaN/AN/AN/A1.80%
Lithuania0.52.71.31.647.4%
MaltaN/AN/A0.91.566.7%
United StatesN/AN/A0.30.30.0%
RussiaN/AN/AN/A0.30%
CroatiaN/AN/A1.6N/A0%
Italy5.4N/AN/AN/A0%
OthersN/A0.6N/A0.1-59.2%
Total6.43.34.07.97.3%

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

  1. Lithuania (59.0 kg)
  2. Serbia (35.0 kg)
  3. Malta (28.0 kg)
  4. United States (8.0 kg)
  5. Russia (6.0 kg)
  6. Taiwan (Chinese) (4.0 kg)

Source: IndexBox Market Intelligence Platform

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