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

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $18,927 per ton, shrinking by -19.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $28,796 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($173,500 per ton), while the price for China ($13,031 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+24.8%), 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 Jordan (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $33,651 per ton, picking up by 122% against the previous year. Overall, the export price showed a tangible increase. The growth pace was the most rapid in 2015 an increase of 144%. The export price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +1.2% per year.

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

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Jordan soared to 316 kg, rising by 31% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses rose significantly to $6K in 2022. Overall, imports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 5.7%.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Jordan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0911,7621,8792,072-0.3%
United Kingdom4703349831,53348.3%
Lebanon1,0508859441,041-0.3%
Germany1,5171,031887763-20.5%
Spain803514416318-26.6%
India29735120387.0-33.6%
South AfricaN/A327170N/A-48.0%
Others169152178167-0.4%
Total6,3975,3565,6605,981-2.2%

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

  1. China (159.0 kg)
  2. United Kingdom (82.0 kg)
  3. Germany (41.0 kg)
  4. Spain (17.0 kg)
  5. Lebanon (6.0 kg)
  6. India (5.0 kg)

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

After two years of decline, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by 617% to 43 kg in 2022. Overall, exports, however, continue to indicate a dramatic curtailment.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $1.4K in 2022. Over the period under review, exports, however, recorded a precipitous decline.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.80.40.11.4-8.0%
Spain2.0N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total3.70.50.11.4-27.7%

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

  1. Germany (43.0 kg)

Source: IndexBox Market Intelligence Platform

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