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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $40,370 per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the import price recorded resilient growth. The pace of growth was the most pronounced in 2018 an increase of 55%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($188,821 per ton), while the price for Ireland ($15,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+33.5%), 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 Iran (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $4,702 per ton, dropping by -46.4% against the previous year. Over the period under review, the export price saw a deep contraction. The growth pace was the most rapid in 2019 an increase of 181%. As a result, the export price attained the peak level of $20,463 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($37,000 per ton), while the average price for exports to Bahrain totaled $4,069 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+224.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Iran fell dramatically to 15 tons in 2022, which is down by -24.6% on 2021. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 792%. As a result, imports attained the peak of 20 tons, and then fell significantly in the following year.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses declined to $619K in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 765% against the previous year. As a result, imports reached the peak of $699K, and then fell in the following year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom17.427.8515466199.2%
Turkey16.315.368.156.651.4%
India15.011.643.141.240.0%
United Arab Emirates4.97.728.723.969.6%
Ireland12.06.416.611.0-2.9%
France4.93.612.710.629.3%
Spain2.95.610.93.12.2%
Others6.22.83.86.83.1%
Total79.780.869961998.0%

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

  1. United Kingdom (11.5 tons)
  2. Turkey (1.7 tons)
  3. Ireland (0.7 tons)
  4. France (0.5 tons)
  5. United Arab Emirates (0.4 tons)
  6. India (0.2 tons)
  7. Spain (0.2 tons)

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

In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -39.5% to 104 kg, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 193% against the previous year. As a result, the exports attained the peak of 240 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses declined sharply to $489 in 2022. Over the period under review, exports showed a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of 51%. As a result, the exports attained the peak of $2.5K. 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 Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain217N/AN/A41524.1%
TurkeyN/AN/AN/A74.00%
Hong Kong SARN/AN/A352N/A0%
HungaryN/A2,527N/AN/A0%
China1,461N/AN/AN/A0%
KuwaitN/AN/A1,156N/A0%
OthersN/AN/AN/AN/A0%
Total1,6782,5271,508489-33.7%

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

  1. Bahrain (102.0 kg)
  2. Turkey (2.0 kg)

Source: IndexBox Market Intelligence Platform

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