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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $28,892 per ton in 2022, surging by 4.5% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -20.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. As a result, import price attained the peak level of $36,450 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($28,986 per ton) and the United States ($28,896 per ton), while the price for the UK ($28,881 per ton) and Spain ($28,884 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+12.8%), 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 Israel (FOB) - 2022

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $22,989 per ton in 2020, waning by -21% against the previous year. Over the period under review, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2013 an increase of 102% against the previous year. The export price peaked at $34,816 per ton in 2015; however, from 2016 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2020, the rate of growth in terms of prices for Singapore amounted to +58.8% per year.

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

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Israel declined significantly to 4.2 tons, which is down by -72.1% against 2021 figures. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 247%. As a result, imports attained the peak of 15 tons, and then dropped dramatically in the following year.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank sharply to $121K in 2022. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 229%. As a result, imports attained the peak of $415K, and then declined remarkably in the following year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy83.024.060.031.0-28.0%
Spain24.012.029229.06.5%
United States62.04.016.028.0-23.3%
United Kingdom3.027.033.016.074.7%
Germany8.018.09.013.017.6%
ChinaN/AN/AN/A4.00%
France6.09.0N/AN/A50.0%
PanamaN/A30.0N/AN/A0%
Others1.02.05.0N/A123.6%
Total187126415121-13.5%

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

  1. Italy (1073.0 kg)
  2. Spain (1004.0 kg)
  3. United States (969.0 kg)
  4. United Kingdom (554.0 kg)
  5. Germany (450.0 kg)
  6. China (138.0 kg)

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

In 2020, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Israel fell notably to 87 kg, which is down by -97.3% on the year before. Overall, exports recorded a dramatic slump.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank rapidly to $2K in 2020. Over the period under review, exports continue to indicate a precipitous decline.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Israel (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
ChinaN/A2.00%
Germany94.0N/A0%
OthersN/AN/A0%
Total94.02.0-97.9%

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

  1. China (87.0 kg)

Source: IndexBox Market Intelligence Platform

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