Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy (FOB) - 2024
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy (FOB) - 2024
In March 2024, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $15,467 per ton, waning by -34.6% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2024 an increase of 38% against the previous month. The export price peaked at $23,788 per ton in June 2023; however, from July 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Japan ($28,195 per ton), while the average price for exports to the United States ($11,180 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $14,385 per ton, waning by -8.4% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the maximum at $32,458 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($56,576 per ton), while the price for South Africa ($7,887 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy
For the third consecutive year, Italy recorded decline in overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which decreased by -20.7% to 2.1K tons in 2022. In general, exports continue to indicate a deep reduction. The smallest decline of -3.4% was in 2021.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses declined rapidly to $43M in 2022. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 5.4% against the previous year.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.4 | 11.9 | 10.8 | 8.8 | -20.3% |
| Germany | 10.1 | 8.6 | 10.8 | 6.4 | -14.1% |
| France | 7.4 | 6.2 | 6.4 | 5.1 | -11.7% |
| Ireland | 2.4 | 2.7 | 4.3 | 3.6 | 14.5% |
| China | 4.3 | 3.2 | 3.7 | 3.1 | -10.3% |
| Netherlands | 3.3 | 3.8 | 5.1 | 2.7 | -6.5% |
| Singapore | 2.3 | 1.4 | 1.7 | 2.3 | 0.0% |
| Japan | 3.9 | 4.0 | 2.8 | 2.2 | -17.4% |
| United Kingdom | 4.3 | 3.3 | 2.3 | 1.6 | -28.1% |
| Brazil | 1.0 | 1.1 | 1.0 | 1.2 | 6.3% |
| Switzerland | 4.1 | 1.5 | 1.5 | 1.0 | -37.5% |
| India | 1.1 | 1.2 | 0.9 | 0.9 | -6.5% |
| Mexico | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Others | 6.6 | 5.5 | 5.9 | 4.0 | -15.4% |
| Total | 68.6 | 54.9 | 57.8 | 43.4 | -14.2% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Italy in 2022:
- United States (427.6 tons)
- Germany (330.6 tons)
- France (205.8 tons)
- China (197.3 tons)
- Singapore (185.2 tons)
- Netherlands (144.8 tons)
- Ireland (92.5 tons)
- Brazil (87.1 tons)
- United Kingdom (66.3 tons)
- India (61.6 tons)
- Japan (47.2 tons)
- Switzerland (45.4 tons)
- Mexico (35.2 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy
In 2022, approx. 676 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Italy; surging by 2.6% against 2021. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell to $9.7M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $10M, and then shrank in the following year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.7 | 3.4 | 3.9 | 4.5 | 6.7% |
| Spain | 1.4 | 1.9 | 3.9 | 3.3 | 33.1% |
| Argentina | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Netherlands | 0.7 | 0.4 | 0.3 | 0.3 | -24.6% |
| Germany | 0.2 | 0.5 | 0.5 | 0.2 | 0.0% |
| South Africa | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.5 | 0.1 | 0.4 | 0.1 | -41.5% |
| Austria | 0.7 | 0.2 | 0.2 | 0.1 | -47.7% |
| Bolivia | 0.2 | N/A | 0.6 | N/A | 73.2% |
| Others | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| Total | 8.0 | 6.8 | 10.3 | 9.7 | 6.6% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Italy in 2022:
- France (317.2 tons)
- Spain (264.1 tons)
- Argentina (27.1 tons)
- South Africa (14.6 tons)
- United States (10.8 tons)
- Netherlands (10.6 tons)
- Germany (7.0 tons)
- Austria (5.5 tons)
636
This report provides an in-depth analysis of the essential oils market in Italy.
385
This report provides an in-depth analysis of the resinoids market in Italy.
1076
This report provides an in-depth analysis of the global essential oils market.
608
This report provides an in-depth analysis of the global resinoids market.
636
This report provides an in-depth analysis of the essential oils market in Italy.
385
This report provides an in-depth analysis of the resinoids market in Italy.
1076
This report provides an in-depth analysis of the global essential oils market.
608
This report provides an in-depth analysis of the global resinoids market.
439
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
1546
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
6574
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
439
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
1546
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
6574
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
