Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $58,308 per ton in 2022, increasing by 4.2% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by +148.3% against 2015 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 97%. The import price peaked in 2022 and is likely to continue 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 Italy ($82,000 per ton), while the price for Poland ($12,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), 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 Luxembourg (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $35,364 per ton in 2022, waning by -8.4% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The growth pace was the most rapid in 2013 an increase of 145%. As a result, the export price reached the peak level of $106,125 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($58,000 per ton), while the average price for exports to Belgium ($22,000 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 Germany (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg
In 2022, purchases abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -13.6% to 247 kg, falling for the second year in a row after two years of growth. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of 336 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted to $14K in 2022. Overall, imports saw a slight contraction. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports attained the peak of $18K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.7 | 7.8 | 8.1 | 6.8 | 13.1% |
| Germany | 5.1 | 7.9 | 6.3 | 5.6 | 3.2% |
| Belgium | 0.9 | 2.2 | 1.3 | 1.7 | 23.6% |
| Italy | 3.7 | N/A | N/A | 0.1 | -70.0% |
| Poland | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Others | 0.7 | N/A | 0.1 | 0.1 | -47.7% |
| Total | 15.0 | 18.0 | 16.0 | 14.4 | -1.4% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Luxembourg in 2022:
- France (100.0 kg)
- Germany (88.0 kg)
- Belgium (47.0 kg)
- Poland (4.0 kg)
- Italy (1.0 kg)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg
For the third consecutive year, Luxembourg recorded decline in overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which decreased by -15.4% to 11 kg in 2022. In general, exports faced a abrupt descent.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses dropped markedly to $389 in 2022. Over the period under review, exports faced a abrupt descent. The smallest decline of -12.5% was in 2020.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 353 | 355 | 299 | 251 | -10.7% |
| France | 317 | 231 | 89.0 | 116 | -28.5% |
| Belgium | N/A | N/A | 114 | 22.0 | -80.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 670 | 586 | 502 | 389 | -16.6% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Luxembourg in 2022:
- Germany (8.0 kg)
- France (2.0 kg)
- Belgium (1.0 kg)
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