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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $27,272 per ton in 2022, declining by -41% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2021 when the average import price increased by 109% against the previous year. As a result, import price reached the peak level of $46,188 per ton, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($53,365 per ton), while the price for Mexico ($5,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+45.1%), 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 Costa Rica (FOB) - 2022

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $28,467 per ton in 2022, waning by -23.9% against the previous year. Overall, the export price, however, showed strong growth. The pace of growth was the most pronounced in 2019 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $37,400 per ton in 2021, and then contracted remarkably in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($37,333 per ton), while the average price for exports to Nicaragua ($25,700 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 Guatemala (+18.5%), 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 Costa Rica

In 2022, after two years of decline, there was significant growth in supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, when their volume increased by 5.4% to 18 tons. Over the period under review, imports, however, continue to indicate a dramatic shrinkage.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted dramatically to $490K in 2022. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States389289734380-0.8%
Argentina82.674.022.050.7-15.0%
Panama0.14.317.415.0431.3%
Spain24.610.51.212.3-20.6%
Mexico57.587.4N/A11.0-42.4%
Colombia46.2N/AN/AN/A0%
Others32996.412.221.0-60.0%
Total929561787490-19.2%

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

  1. United States (13.1 tons)
  2. Mexico (2.1 tons)
  3. Argentina (1.5 tons)
  4. Spain (0.5 tons)
  5. Panama (0.3 tons)

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

In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were finally on the rise to reach 15 kg after two years of decline. In general, exports, however, continue to indicate a sharp slump.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses rose markedly to $427 in 2022. Overall, exports, however, showed a dramatic decrease.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua9741,602374257-35.9%
GuatemalaN/AN/AN/A1120%
FinlandN/AN/AN/A58.00%
Honduras1,857N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,8311,602374427-46.8%

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

  1. Nicaragua (10.0 kg)
  2. Guatemala (3.0 kg)
  3. Finland (2.0 kg)

Source: IndexBox Market Intelligence Platform

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