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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $17,514 per ton in 2022, falling by -11.9% against the previous year. Overall, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2021 when the average import price increased by 177% against the previous year. As a result, import price reached the peak level of $19,869 per ton, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +131.4% per year.

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

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Iraq shrank markedly to 887 kg, declining by -17.9% against 2021. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 8% against the previous year.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank remarkably to $16K in 2022. In general, imports, however, enjoyed a moderate increase. The growth pace was the most rapid in 2021 with an increase of 199% against the previous year. As a result, imports reached the peak of $21K, and then declined rapidly in the following year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.10.10.215.5437.2%
SpainN/AN/A21.3N/A0%
United Kingdom12.97.0N/AN/A-45.7%
Others0.5N/AN/AN/A0%
Total13.57.221.515.54.7%

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

  1. Turkey (887.0 kg)

Source: IndexBox Market Intelligence Platform

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