Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $40,878 per ton, increasing by 45% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by +50.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 79%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Latvia ($142,000 per ton), while the price for Ukraine ($7,583 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+88.7%), 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 Estonia (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $43,080 per ton, jumping by 18% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($46,180 per ton), while the average price for exports to Denmark ($33,304 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 Denmark (+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 Estonia
After three years of growth, supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -31.5% to 891 kg in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 1.3 tons, and then fell dramatically in the following year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted modestly to $36K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 28%.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 8.0 | 0% |
| Lithuania | N/A | 5.7 | 2.5 | 7.1 | 11.6% |
| United Kingdom | 5.2 | 5.8 | 3.4 | 5.6 | 2.5% |
| Latvia | 1.0 | 2.3 | 9.7 | 5.5 | 76.5% |
| Russia | 3.0 | 1.2 | 5.8 | 2.6 | -4.7% |
| Italy | 0.3 | N/A | N/A | 2.5 | 102.7% |
| France | 5.2 | 5.7 | 6.4 | 1.8 | -29.8% |
| Poland | N/A | N/A | 1.3 | 1.0 | -23.1% |
| Ukraine | 0.7 | 1.3 | 0.6 | 0.8 | 4.6% |
| Finland | 0.1 | 0.1 | 2.9 | 0.2 | 26.0% |
| Germany | 7.7 | 6.8 | 0.7 | 0.1 | -76.5% |
| Others | 0.3 | 1.4 | 3.5 | 1.1 | 54.2% |
| Total | 23.6 | 30.2 | 36.7 | 36.4 | 15.5% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Estonia in 2022:
- Netherlands (248.0 kg)
- Russia (174.0 kg)
- United Kingdom (109.0 kg)
- Ukraine (103.0 kg)
- Italy (50.0 kg)
- Poland (50.0 kg)
- Lithuania (39.0 kg)
- Latvia (39.0 kg)
- France (33.0 kg)
- Finland (30.0 kg)
- Germany (3.0 kg)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Estonia
In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by 117% to 288 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a strong expansion. As a result, the exports reached 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 $12K in 2022. In general, exports showed significant growth. 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 Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 4.0 | 4.8 | 3.3 | 9.7 | 34.3% |
| Denmark | N/A | N/A | 0.6 | 1.9 | 216.7% |
| Sweden | 0.6 | 0.7 | 0.9 | 0.7 | 5.3% |
| Latvia | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.7 | 5.7 | 4.9 | 12.4 | 38.2% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Estonia in 2022:
- Finland (211.0 kg)
- Denmark (56.0 kg)
- Sweden (17.0 kg)
- Latvia (3.0 kg)
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