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

Contents:

  1. Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ireland (CIF) - 2024
  2. Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ireland (FOB) - 2022
  3. Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ireland
  4. Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ireland

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $45,477 per ton in March 2024, which is down by -51.8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 404% against the previous month. As a result, import price attained the peak level of $207K per ton. From August 2023 to March 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($78,266 per ton), while the price for Mexico ($39,717 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Uruguay (+1.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $86,702 per ton, declining by -32.1% against the previous year. Overall, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2019 an increase of 190% against the previous year. The export price peaked at $127,651 per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($110,617 per ton), while the average price for exports to the Netherlands ($45,367 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 China (+20.9%), 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 Ireland

In 2022, approx. 5.3K tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Ireland; jumping by 24% on the previous year. In general, imports saw a strong increase. The growth pace was the most rapid in 2021 with an increase of 59%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $290M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 84%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.37.1124191143.1%
Argentina10087.063.389.5-3.6%
Uruguay8.03.04.14.3-18.7%
Mexico1.54.61.11.0-12.6%
Others6.113.820.04.5-9.6%
Total12911621229031.0%

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

  1. United States (2.8K tons)
  2. Argentina (2.3K tons)
  3. Uruguay (0.1K tons)

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

In 2022, approx. 67 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were exported from Ireland; rising by 162% on 2021 figures. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $5.8M in 2022. Over the period under review, exports recorded a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4,6592,2782,1344,066-4.4%
Netherlands4.111.23011,089542.8%
Egypt15116332232028.4%
France70.940415744.5-14.4%
Singapore3010.5N/A22.6-57.8%
Others375257335241-13.7%
Total5,5603,1133,2485,7831.3%

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

  1. United States (36.8 tons)
  2. Netherlands (24.0 tons)
  3. Egypt (4.2 tons)
  4. France (0.7 tons)
  5. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform

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