Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany (FOB) - 2024
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany (FOB) - 2024
In March 2024, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $25,348 per ton, dropping by -27.5% against the previous month. Over the period under review, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in May 2023 an increase of 99% month-to-month. As a result, the export price reached the peak level of $57,391 per ton. From June 2023 to March 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Japan ($397K per ton), while the average price for exports to Colombia ($10,995 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $19,810 per ton in 2022, waning by -9.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 30% against the previous year. The import price peaked at $30,656 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Brazil ($79,715 per ton), while the price for Argentina ($13,735 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany
In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Germany contracted dramatically to 425 tons, with a decrease of -27.5% compared with 2021. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 12%. As a result, the exports attained the peak of 586 tons, and then dropped remarkably in the following year.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank remarkably to $18M in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4% against the previous year.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.5 | 1.8 | 2.9 | 3.3 | 9.7% |
| United States | 3.3 | 4.6 | 3.9 | 2.9 | -4.2% |
| China | 2.7 | 2.5 | 3.0 | 2.6 | -1.3% |
| Singapore | 1.3 | 0.9 | 1.3 | 1.5 | 4.9% |
| Netherlands | 3.9 | 2.4 | 1.9 | 1.4 | -28.9% |
| Taiwan (Chinese) | 1.0 | 0.6 | 0.7 | 0.7 | -11.2% |
| Austria | 0.6 | 0.7 | 0.7 | 0.7 | 5.3% |
| United Kingdom | 0.8 | 0.7 | 0.5 | 0.6 | -9.1% |
| Switzerland | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Italy | 0.2 | 0.5 | 0.4 | 0.5 | 35.7% |
| India | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Turkey | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Slovenia | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Others | 4.9 | 3.9 | 5.0 | 2.5 | -20.1% |
| Total | 22.9 | 19.9 | 21.7 | 18.2 | -7.4% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Germany in 2022:
- United States (81.2 tons)
- China (77.6 tons)
- Taiwan (Chinese) (47.1 tons)
- Netherlands (24.0 tons)
- Japan (23.2 tons)
- United Kingdom (19.8 tons)
- Singapore (17.1 tons)
- Austria (16.0 tons)
- Italy (15.2 tons)
- Switzerland (13.9 tons)
- Turkey (13.7 tons)
- Slovenia (9.9 tons)
- India (8.6 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany
In 2022, overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -26% to 717 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a mild setback. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank remarkably to $14M in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $21M, and then contracted significantly in the following year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.1 | 7.2 | 6.8 | 8.5 | -5.6% |
| Netherlands | 0.1 | 5.1 | 9.1 | 1.3 | 135.1% |
| Spain | 2.3 | 1.2 | 1.5 | 1.3 | -17.3% |
| United States | 1.1 | 1.8 | 1.2 | 1.0 | -3.1% |
| Brazil | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
| Argentina | 2.1 | 0.2 | 0.6 | 0.4 | -42.5% |
| United Kingdom | 0.3 | 1.1 | 0.4 | 0.2 | -12.6% |
| South Africa | 1.3 | 0.3 | N/A | N/A | -76.9% |
| Others | 2.0 | 0.7 | 0.8 | 0.7 | -29.5% |
| Total | 20.0 | 18.1 | 21.3 | 14.2 | -10.8% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Germany in 2022:
- Italy (495.0 tons)
- Spain (67.2 tons)
- Netherlands (66.5 tons)
- Argentina (28.9 tons)
- United States (27.8 tons)
- Brazil (11.1 tons)
- United Kingdom (4.0 tons)
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