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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $14,406 per ton in 2022, picking up by 79% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($46,179 per ton), while the price for Lebanon ($2,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+34.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Kuwait soared to 18 tons, picking up by 691% on the year before. Over the period under review, imports recorded a significant increase. 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 surged to $261K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.80.50.6125254.7%
Spain5.31.20.752.3114.5%
Germany2.60.10.128.7122.7%
Bulgaria2.80.10.115.576.9%
India5.70.2N/A7.911.5%
United Arab Emirates3.6N/AN/A5.917.9%
China1.2N/AN/A3.340.1%
United States5.50.1N/A1.3-38.2%
SwitzerlandN/A5.116.7N/A227.5%
Others3.60.40.221.380.9%
Total33.17.718.526199.0%

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

  1. France (9.1 tons)
  2. Spain (3.8 tons)
  3. Germany (1.3 tons)
  4. United Arab Emirates (1.1 tons)
  5. India (0.6 tons)
  6. Bulgaria (0.6 tons)
  7. China (0.5 tons)
  8. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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