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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $19,910 per ton in 2022, declining by -2.3% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 239% against the previous year. The import price peaked at $54,551 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($86,621 per ton), while the price for Egypt ($5,954 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+65.5%), 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 Greece (FOB) - 2022

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $11,080 per ton in 2022, falling by -46.5% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 5,065% against the previous year. As a result, the export price attained the peak level of $27,709 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($27,167 per ton), while the average price for exports to Bulgaria ($1,739 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 Cyprus (-0.4%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, Greece recorded growth in purchases abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which increased by 36% to 10 tons in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 90% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $208K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 decreased by -5.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 47%. As a result, imports attained the peak of $221K. 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A12227.071.9-23.2%
Italy36.540.717.753.613.7%
Netherlands2.73.96.127.7117.3%
United Kingdom51.918.15.618.5-29.1%
Cyprus30.221.157.114.5-21.7%
United States9.9N/AN/A11.13.9%
EgyptN/AN/A33.48.3-75.1%
Germany18.311.73.11.7-54.7%
Others0.33.26.50.732.6%
Total15022115720811.5%

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

  1. Italy (4.2 tons)
  2. France (2.0 tons)
  3. Netherlands (1.8 tons)
  4. Egypt (1.4 tons)
  5. United States (0.4 tons)
  6. Cyprus (0.3 tons)
  7. United Kingdom (0.2 tons)
  8. Germany (0.1 tons)

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

In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses was finally on the rise to reach 1.6 tons after two years of decline. Over the period under review, exports, however, continue to indicate a precipitous descent.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $18K in 2022. Overall, exports, however, saw a abrupt downturn.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania17.615.511.115.1-5.0%
Cyprus0.2N/A0.10.858.7%
Bulgaria0.71.3N/A0.6-5.0%
Sweden3.2N/AN/AN/A0%
United KingdomN/A5.0N/AN/A0%
Others2.12.30.51.3-14.8%
Total23.824.211.617.8-9.2%

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

  1. Romania (1204.0 kg)
  2. Bulgaria (352.0 kg)
  3. Cyprus (30.0 kg)

Source: IndexBox Market Intelligence Platform

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