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

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $9,870 per ton, rising by 25% against the previous year. In general, the import price posted resilient growth. The growth pace was the most rapid in 2016 an increase of 42% against the previous year. Over the period under review, average import prices attained the maximum at $12,152 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($11,297 per ton), while the price for the Netherlands totaled $8,844 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+84.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Ethiopia rose notably to 9.4 tons in 2022, with an increase of 5.9% on the previous year's figure. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses surged to $92K in 2022. In general, imports, however, recorded a abrupt downturn.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands51.827.259.948.2-2.4%
China10127.69.744.2-24.1%
OthersN/A0.3N/AN/A0%
Total15355.069.692.4-15.5%

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

  1. Netherlands (5.4 tons)
  2. China (3.9 tons)

Source: IndexBox Market Intelligence Platform

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