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

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $42,462 per ton, dropping by -14.3% against the previous year. Overall, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 76%. The import price peaked at $49,523 per ton in 2021, and then dropped in the following year.

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 Argentina ($133,267 per ton), while the price for China ($15,063 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+10.5%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $51,833 per ton, almost unchanged from the previous year. Overall, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 148%. Over the period under review, the average export prices reached the maximum at $60,200 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +2,828.0% per year.

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

In 2022, overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -75.7% to 502 kg, falling for the second year in a row after two years of growth. In general, imports faced a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 98% against the previous year. As a result, imports attained the peak of 3.8 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced markedly to $21K in 2022. Overall, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 113%. As a result, imports reached the peak of $162K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40.310076.513.1-31.2%
Spain12.69.44.42.2-44.1%
Argentina6.312.38.32.0-31.8%
United Kingdom10.015.88.61.6-45.7%
Germany1.31.91.00.2-46.4%
China1.62.40.40.2-50.0%
Others3.919.62.92.0-20.0%
Total76.016210221.3-34.6%

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

  1. United States (331.0 kg)
  2. Spain (61.0 kg)
  3. United Kingdom (59.0 kg)
  4. China (16.0 kg)
  5. Argentina (15.0 kg)
  6. Germany (5.0 kg)

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

In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Ecuador surged to 18 kg, increasing by 125% compared with the previous year's figure. In general, exports saw a significant expansion. 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 skyrocketed to $933 in 2022. Over the period under review, exports showed a significant increase. 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 Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23521841493358.3%
Turkey65.083.0N/AN/A27.7%
OthersN/AN/AN/AN/A0%
Total30030141493346.0%

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

  1. United States (18.0 kg)

Source: IndexBox Market Intelligence Platform

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