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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $13,992 per ton in 2022, declining by -38.5% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 23%. The import price peaked at $36,679 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the United States ($66,098 per ton), while the price for South Africa ($7,657 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 (+9.5%), 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 India (FOB) - 2022

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $16,774 per ton in 2022, increasing by 10% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2014 an increase of 59%. The export price peaked at $20,015 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($41,603 per ton), while the average price for exports to Nepal ($5,737 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 Guyana (+8.9%), 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 India

In 2022, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into India skyrocketed to 236 tons, jumping by 90% on 2021. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $3.3M in 2022. Over the period under review, imports, however, recorded a abrupt downturn.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6237901,1181,27226.9%
South AfricaN/AN/A168864414.3%
Germany780324402390-20.6%
United States1,343354343300-39.3%
France36186.578.3104-34.0%
Singapore34236868.676.2-39.4%
United Kingdom35813217463.0-44.0%
Others502552479232-22.7%
Total4,3092,6062,8303,302-8.5%

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

  1. South Africa (112.9 tons)
  2. Italy (90.3 tons)
  3. Germany (13.9 tons)
  4. France (5.0 tons)
  5. United States (4.5 tons)
  6. Singapore (2.8 tons)
  7. United Kingdom (2.7 tons)

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

For the third year in a row, India recorded decline in overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which decreased by -33% to 7.9 tons in 2022. Overall, exports showed a precipitous descent.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell dramatically to $132K in 2022. In general, exports showed a sharp downturn.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore13.121.28.517.710.6%
Malaysia0.40.88.012.5215.0%
United States76.619442.112.1-45.9%
Japan29.89.9N/A10.2-30.0%
Sri Lanka8.00.82.48.93.6%
Russia0.41.11.37.7168.0%
Vietnam6.610.35.05.5-5.9%
AzerbaijanN/AN/AN/A5.00%
Italy0.1N/A5.13.4224.0%
GuyanaN/AN/AN/A3.00%
China0.145.49.92.9207.2%
United Kingdom33.214.011.82.6-57.2%
Nepal2.23.43.21.4-14.0%
Others63046.081.339.2-60.4%
Total801347179132-45.2%

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

  1. Japan (1681.0 kg)
  2. United States (767.0 kg)
  3. Malaysia (590.0 kg)
  4. Singapore (426.0 kg)
  5. Russia (424.0 kg)
  6. China (418.0 kg)
  7. Italy (384.0 kg)
  8. Sri Lanka (288.0 kg)
  9. United Kingdom (254.0 kg)
  10. Vietnam (253.0 kg)
  11. Nepal (251.0 kg)
  12. Azerbaijan (192.0 kg)
  13. Guyana (192.0 kg)

Source: IndexBox Market Intelligence Platform

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