Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $15,752 per ton in 2022, surging by 41% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 57% against the previous year. The export price peaked at $21,859 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.2% per year.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $32,923 per ton, shrinking by -6.4% against the previous year. In general, the import price, however, recorded a pronounced increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 79% against the previous year. The import price peaked at $44,601 per ton in 2019; however, from 2020 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 Japan ($41,108 per ton), while the price for the United States ($19,250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+67.6%), 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 Hong Kong SAR
In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were finally on the rise to reach 5.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous setback.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $89K in 2022. Over the period under review, exports, however, continue to indicate a significant decline.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 0.1 | 0.1 | 0.1 | -71.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 0.1 | 0.1 | 0.1 | -71.5% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Hong Kong SAR in 2022:
- China (5.7 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR
In 2022, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Hong Kong SAR shrank to 418 kg, with a decrease of -9.5% on the previous year's figure. Overall, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 31%.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses dropped dramatically to $14K in 2022. In general, imports showed a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 4.4%.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.7 | 11.8 | 9.7 | 7.6 | 4.3% |
| United Kingdom | 9.9 | 0.2 | 2.1 | 3.2 | -31.4% |
| United States | 13.1 | 3.5 | 4.4 | 3.0 | -38.8% |
| Thailand | 1.7 | N/A | N/A | N/A | 0% |
| Others | 1.4 | N/A | N/A | N/A | 0% |
| Total | 32.8 | 15.6 | 16.3 | 13.8 | -25.1% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Hong Kong SAR in 2022:
- Japan (185.0 kg)
- United States (156.0 kg)
- United Kingdom (77.0 kg)
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