Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $15,362 per ton, dropping by -21.6% against the previous year. Overall, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2017 an increase of 128%. The import price peaked at $26,952 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($40,900 per ton), while the price for China ($4,914 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.7%), 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 Hungary (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $16,834 per ton in 2022, dropping by -4.5% against the previous year. In general, the export price showed a noticeable slump. The growth pace was the most rapid in 2014 an increase of 50%. Over the period under review, the average export prices hit record highs at $42,922 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($60,479 per ton), while the average price for exports to Cyprus ($13,770 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 Romania (+8.2%), 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 Hungary
In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Hungary soared to 9.4 tons, jumping by 54% on 2021 figures. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 94%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses surged to $145K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 183%. As a result, imports attained the peak of $235K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.7 | 37.9 | 26.8 | 63.9 | 37.3% |
| Italy | 21.3 | 67.3 | 32.0 | 35.1 | 18.1% |
| Spain | 1.3 | 44.6 | 13.2 | 14.6 | 123.9% |
| Austria | 10.8 | 10.3 | 16.1 | 10.2 | -1.9% |
| China | N/A | 2.5 | 4.2 | 9.1 | 90.8% |
| India | 8.5 | 1.9 | 0.3 | 2.7 | -31.8% |
| Serbia | N/A | 0.6 | 2.5 | 2.4 | 100.0% |
| France | 8.3 | N/A | N/A | N/A | 0% |
| Others | 8.1 | 69.4 | 25.2 | 6.9 | -5.2% |
| Total | 83.0 | 235 | 120 | 145 | 20.4% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Hungary in 2022:
- Germany (3.5 tons)
- Italy (2.7 tons)
- China (1.8 tons)
- Spain (0.8 tons)
- Austria (0.3 tons)
- India (0.2 tons)
- Serbia (0.2 tons)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary
In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -48.7% to 4.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 11%.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted significantly to $76K in 2022. Over the period under review, exports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 0.6%. As a result, the exports attained the peak of $224K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 138 | 137 | 132 | 53.5 | -27.1% |
| Germany | 75.1 | 69.1 | 2.5 | 4.8 | -60.0% |
| Croatia | 2.3 | 4.5 | 4.9 | 4.3 | 23.2% |
| Romania | 1.4 | 1.9 | 1.3 | 4.2 | 44.2% |
| Cyprus | 0.1 | 0.1 | 0.4 | 3.2 | 217.5% |
| Belgium | 0.5 | 3.0 | 7.2 | 0.5 | 0.0% |
| Ukraine | 3.3 | 5.6 | 1.8 | N/A | -26.1% |
| Others | 2.1 | 2.6 | 4.7 | 5.3 | 36.2% |
| Total | 223 | 224 | 155 | 75.9 | -30.2% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Hungary in 2022:
- Austria (3595.0 kg)
- Germany (325.0 kg)
- Cyprus (235.0 kg)
- Romania (130.0 kg)
- Croatia (71.0 kg)
- Belgium (20.0 kg)
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