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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $28,043 per ton in 2022, waning by -35.1% against the previous year. Over the period under review, the import price, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2016 an increase of 44%. As a result, import price attained the peak level of $58,484 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($33,781 per ton), while the price for the Netherlands ($15,128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), 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 Denmark (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $53,479 per ton, jumping by 30% against the previous year. Overall, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2015 an increase of 116% against the previous year. Over the period under review, the average export prices hit record highs at $58,394 per ton in 2017; however, from 2018 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 Poland ($62,967 per ton), while the average price for exports to Greenland ($10,167 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 Iceland (+6.6%), 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 Denmark

In 2022, purchases abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by 50% to 8.7 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell to $244K in 2022. Overall, imports, however, saw a noticeable slump.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany62.546.199.476.46.9%
Italy11411073.153.0-22.5%
IrelandN/AN/A54.547.0-13.8%
France15.716.514.644.741.7%
SpainN/AN/AN/A7.00%
Netherlands2.43.53.56.337.9%
United Kingdom81.587.44.85.3-59.8%
Others0.30.10.63.9135.1%
Total276264250244-4.0%

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

  1. Italy (2.5 tons)
  2. Germany (2.3 tons)
  3. France (1.4 tons)
  4. Ireland (1.4 tons)
  5. Netherlands (0.4 tons)
  6. United Kingdom (0.2 tons)
  7. Spain (0.2 tons)

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

In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -47% to 365 kg, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 176%. As a result, the exports attained the peak of 2.8 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 shrank remarkably to $20K in 2022. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 138%. As a result, the exports attained the peak of $64K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.65.16.311.615.1%
Germany6.13.54.35.0-6.4%
Sweden3.98.21.32.5-13.8%
Norway4.738.40.20.4-56.0%
Greenland0.1N/A0.40.10.0%
IrelandN/A4.2N/AN/A0%
Iceland4.54.88.1N/A34.2%
ItalyN/AN/A4.4N/A0%
Others0.20.13.5N/A318.3%
Total27.164.328.419.5-10.4%

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

  1. Poland (184.0 kg)
  2. Germany (98.0 kg)
  3. Sweden (68.0 kg)
  4. Norway (9.0 kg)
  5. Greenland (6.0 kg)

Source: IndexBox Market Intelligence Platform

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