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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $69,472 per ton in 2022, standing approx. at the previous year. In general, the import price, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 an increase of 60% against the previous year. As a result, import price reached the peak level of $70,192 per ton, and then contracted modestly 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 the UK ($100,964 per ton), while the price for Switzerland ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+31.0%), 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 Finland (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $38,333 per ton, which is down by -69% against the previous year. In general, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 197%. The export price peaked at $376,898 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($61,000 per ton), while the average price for exports to Estonia amounted to $27,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+31.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 655 kg of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Finland; jumping by 37% on the previous year. In general, imports posted a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 141%. As a result, imports attained the peak of 1.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $46K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 131%. As a result, imports attained the peak of $47K. 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A0.915.911.3254.3%
LithuaniaN/AN/AN/A10.70%
Estonia0.13.62.29.3353.1%
Germany4.45.61.54.40.0%
FranceN/A2.42.14.333.9%
NetherlandsN/A1.25.74.184.8%
United States2.72.71.61.5-17.8%
Ireland9.426.8N/AN/A185.1%
Others3.63.54.50.1-69.7%
Total20.246.633.645.531.1%

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

  1. Estonia (175.0 kg)
  2. Lithuania (152.0 kg)
  3. United Kingdom (112.0 kg)
  4. France (69.0 kg)
  5. Netherlands (63.0 kg)
  6. Germany (63.0 kg)
  7. United States (18.0 kg)

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

After two years of decline, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by 50% to 3 kg in 2022. Over the period under review, exports, however, recorded a precipitous slump.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced remarkably to $115 in 2022. In general, exports, however, faced a sharp downturn.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EstoniaN/AN/AN/A0.10%
SwitzerlandN/AN/AN/A0.10%
Hong Kong SAR0.10.6N/AN/A500.0%
United States9.7N/AN/AN/A0%
Singapore3.4N/AN/AN/A0%
OthersN/AN/A0.2N/A0%
Total13.20.60.20.1-80.4%

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

  1. Estonia (2.0 kg)
  2. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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