Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $21,343 per ton, picking up by 19% against the previous year. In general, the export price saw a modest expansion. The growth pace was the most rapid in 2013 when the average export price increased by 48% against the previous year. The export price peaked at $31,073 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($101,000 per ton), while the average price for exports to Russia ($18,145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+203.3%), 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 Lithuania (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $39,458 per ton, rising by 13% against the previous year. In general, the import price recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 48%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($144,500 per ton), while the price for the Czech Republic ($13,549 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.5%), 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 Lithuania
Exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Lithuania surged to 4 tons in 2022, increasing by 213% compared with the previous year. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 457% against the previous year. As a result, the exports attained the peak of 5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $85K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 12.7 | 59.6 | 10.2 | 64.4 | 71.8% |
| Finland | N/A | N/A | N/A | 10.2 | 0% |
| Belarus | 3.2 | 2.1 | 5.6 | 1.6 | -20.6% |
| Poland | 0.7 | 0.4 | 1.3 | 1.6 | 31.7% |
| Others | 3.7 | 1.3 | 5.8 | 7.4 | 26.0% |
| Total | 20.3 | 63.4 | 22.8 | 85.1 | 61.2% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Lithuania in 2022:
- Russia (3547.0 kg)
- Finland (221.0 kg)
- Belarus (61.0 kg)
- Poland (16.0 kg)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania
In 2022, approx. 2.1 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Lithuania; with an increase of 6.1% against the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 97%. As a result, imports attained the peak of 2.4 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses surged to $83K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.0 | 15.2 | 41.6 | 44.3 | 85.0% |
| Spain | 3.7 | 1.5 | 2.2 | 9.5 | 36.9% |
| Netherlands | 3.4 | N/A | 0.1 | 7.1 | 27.8% |
| Poland | 0.6 | 2.3 | 3.3 | 6.4 | 120.1% |
| Estonia | N/A | N/A | N/A | 4.9 | 0% |
| Czech Republic | N/A | N/A | 1.8 | 4.0 | 122.2% |
| Russia | 5.5 | 6.2 | 6.1 | 1.5 | -35.2% |
| Ukraine | 0.5 | 0.7 | 1.1 | 1.2 | 33.9% |
| United Kingdom | 3.4 | 45.3 | 5.5 | 0.7 | -41.0% |
| Latvia | 0.2 | 0.8 | 1.3 | 0.4 | 26.0% |
| United States | 1.1 | 5.0 | 2.3 | 0.3 | -35.2% |
| Finland | 0.6 | N/A | N/A | N/A | 0% |
| Italy | N/A | 0.1 | 2.5 | N/A | 2400.0% |
| Others | 1.5 | 3.4 | 1.3 | 2.1 | 11.9% |
| Total | 27.5 | 80.6 | 69.0 | 82.6 | 44.3% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Lithuania in 2022:
- Germany (501.0 kg)
- Spain (379.0 kg)
- Poland (316.0 kg)
- Czech Republic (297.0 kg)
- Netherlands (207.0 kg)
- Estonia (153.0 kg)
- Russia (104.0 kg)
- Ukraine (58.0 kg)
- Latvia (16.0 kg)
- United Kingdom (11.0 kg)
- United States (2.0 kg)
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