Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $20,861 per ton, declining by -18.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. The import price peaked at $26,874 per ton in 2016; however, from 2017 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 the UK ($124,092 per ton), while the price for Belize ($6,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.9%), 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 Colombia (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $34,606 per ton, shrinking by -3.7% against the previous year. In general, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2014 an increase of 829%. Over the period under review, the average export prices hit record highs at $35,925 per ton in 2021, and then shrank in the following year.
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 Costa Rica ($380,196 per ton), while the average price for exports to Panama ($736 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 Costa Rica (+57.3%), 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 Colombia
In 2022, supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -5.8% to 21 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, imports reached the peak of 37 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 rapidly to $441K in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.6% against the previous year. As a result, imports attained the peak of $576K, and then shrank notably in the following year.
Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 146 | 124 | 152 | 145 | -0.2% |
Belize | 96.3 | 165 | 93.0 | 111 | 4.8% |
United States | 88.1 | 152 | 169 | 59.0 | -12.5% |
Spain | 20.3 | 17.8 | 45.1 | 42.3 | 27.7% |
France | 60.1 | 21.9 | 37.7 | 30.3 | -20.4% |
Others | 150 | 86.9 | 79.0 | 53.6 | -29.0% |
Total | 561 | 567 | 576 | 441 | -7.7% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Colombia in 2022:
- Belize (17.7 tons)
- Italy (1.7 tons)
- United States (0.5 tons)
- Spain (0.4 tons)
- France (0.3 tons)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Colombia
For the fourth year in a row, Colombia recorded growth in overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which increased by 52% to 1.5 tons in 2022. In general, exports showed a significant increase. 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 soared to $52K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained 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 Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 12.1 | 14.3 | 16.8 | 21.3 | 20.7% |
Costa Rica | 9.9 | 11.7 | 13.8 | 17.5 | 20.9% |
United States | 2.3 | 3.3 | 4.7 | 10.9 | 68.0% |
Peru | N/A | N/A | N/A | 1.7 | 0% |
Panama | 0.1 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
Total | 24.4 | 29.4 | 35.6 | 51.9 | 28.6% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Colombia in 2022:
- Mexico (808.0 kg)
- United States (352.0 kg)
- Peru (221.0 kg)
- Panama (53.0 kg)
- Costa Rica (46.0 kg)
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Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
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Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...