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

Contents:

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

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

In April 2024, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $35,949 per ton, rising by 35% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 55% against the previous month. Over the period under review, average import prices attained the maximum at $64,322 per ton in February 2024; however, from March 2024 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($163K per ton), while the price for Italy ($19,714 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Argentina (+21.0%), 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 Japan (FOB) - 2024

In April 2024, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $36,718 per ton, waning by -26.2% against the previous month. In general, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in February 2024 when the average export price increased by 499% month-to-month. The export price peaked at $245K per ton in September 2023; however, from October 2023 to April 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was Singapore ($47,795 per ton), while the average price for exports to China ($29,722 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+20.7%), 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 Japan

For the third year in a row, Japan recorded decline in overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which decreased by -6% to 430 tons in 2022. In general, imports showed a deep reduction. The smallest decline of -4.5% was in 2021.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced to $19M in 2022. Over the period under review, imports showed a abrupt shrinkage.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.211.39.89.1-11.7%
Italy3.85.24.23.7-0.9%
Germany3.12.93.13.32.1%
United Kingdom1.31.21.01.0-8.4%
Argentina2.00.40.50.6-33.1%
Spain0.10.60.60.458.7%
Others0.90.70.80.6-12.6%
Total24.522.420.118.6-8.8%

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

  1. United States (223.4 tons)
  2. Italy (109.7 tons)
  3. Argentina (24.1 tons)
  4. Germany (23.2 tons)
  5. United Kingdom (19.8 tons)
  6. Spain (16.7 tons)

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

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses exported from Japan dropped sharply to 14 tons, falling by -57% compared with the year before. In general, exports saw a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank markedly to $679K in 2022. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 15%.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3147951,019362-34.9%
Singapore78.512278.014121.6%
IndonesiaN/AN/A49.687.275.8%
Taiwan (Chinese)19827823056.5-34.2%
South Korea82.547.484.830.1-28.5%
Malaysia23.15.9N/AN/A-74.5%
Others4.727.13.02.4-20.1%
Total1,7011,2751,465679-26.4%

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

  1. China (7.9 tons)
  2. Singapore (3.8 tons)
  3. Taiwan (Chinese) (1.0 tons)
  4. South Korea (0.7 tons)
  5. Indonesia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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