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

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $19,649 per ton, rising by 7.4% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2014 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure at $33,802 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($87,924 per ton), while the price for Argentina ($12,610 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+30.7%), 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 France (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $20,428 per ton, declining by -7.6% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 29% against the previous year. As a result, the export price reached the peak level of $43,068 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($78,710 per ton), while the average price for exports to Hungary ($8,933 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 Spain (+8.6%), 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 France

In 2022, after three years of growth, there was decline in supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, when their volume decreased by -2.4% to 838 tons. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13%.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses totaled $16M in 2022. In general, imports recorded a perceptible decrease.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.35.36.05.7-7.9%
Argentina4.03.62.12.4-15.7%
Brazil0.4N/A1.41.865.1%
United Kingdom1.31.31.21.54.9%
Spain1.10.60.91.0-3.1%
Belgium0.91.00.60.7-8.0%
Canada0.50.40.40.50.0%
Bolivia0.60.60.20.3-20.6%
Others1.82.42.82.714.5%
Total18.015.415.716.5-2.9%

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

  1. Italy (218.4 tons)
  2. Argentina (190.3 tons)
  3. Brazil (132.9 tons)
  4. United Kingdom (112.5 tons)
  5. Spain (56.2 tons)
  6. Canada (36.3 tons)
  7. Bolivia (20.9 tons)
  8. Belgium (7.6 tons)

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

In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from France was estimated at 560 tons, with an increase of 10% against 2021. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $11M in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3,8973,8983,6143,9710.6%
United Kingdom48.242.78321,116185.0%
Germany2122711,1291,02769.2%
Belgium41539031668918.4%
United States921279857517-17.5%
Switzerland22271874848029.3%
South Korea21.7431660414167.2%
Japan2083474222607.7%
India349287263250-10.5%
Brazil1692392342077.0%
Hungary75.474.810394.07.6%
China18464441674.3-26.1%
Others1,9981,8111,6232,3485.5%
Total8,7209,43411,21911,4489.5%

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

  1. Italy (266.2 tons)
  2. United Kingdom (68.4 tons)
  3. Germany (58.2 tons)
  4. Switzerland (30.3 tons)
  5. Belgium (16.5 tons)
  6. Brazil (13.8 tons)
  7. India (13.8 tons)
  8. South Korea (11.4 tons)
  9. Hungary (10.5 tons)
  10. United States (8.9 tons)
  11. Japan (7.1 tons)
  12. China (2.5 tons)

Source: IndexBox Market Intelligence Platform

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