Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $12,572 per ton, jumping by 55% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $17,363 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($29,523 per ton), while the price for China ($9,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $16,327 per ton in 2022, picking up by 38% against the previous year. Overall, the export price, however, saw a slight curtailment. The growth pace was the most rapid in 2015 an increase of 224% against the previous year. Over the period under review, the average export prices reached the maximum at $24,117 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Singapore ($28,471 per ton), while the average price for exports to Australia ($4,596 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 Singapore (+4.0%), 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 Malaysia
In 2022, overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -77.5% to 65 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of 291 tons, and then fell significantly in the following year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses dropped sharply to $822K in 2022. Overall, imports, however, posted measured growth. The pace of growth was the most pronounced in 2021 with an increase of 113%. As a result, imports reached the peak of $2.4M, and then declined markedly in the following year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 572 | 960 | 2,119 | 555 | -1.0% |
| China | 1.6 | 6.8 | 17.0 | 113 | 313.4% |
| Italy | 50.3 | 84.1 | 104 | 42.4 | -5.5% |
| Argentina | 3.0 | 3.2 | 8.0 | 35.7 | 128.3% |
| Japan | 32.2 | 42.9 | 41.7 | 29.4 | -3.0% |
| Others | 79.8 | 5.4 | 64.1 | 46.2 | -16.7% |
| Total | 739 | 1,103 | 2,354 | 822 | 3.6% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Malaysia in 2022:
- United States (45.2 tons)
- China (12.6 tons)
- Italy (2.0 tons)
- Japan (1.7 tons)
- Argentina (1.6 tons)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Malaysia
In 2022, approx. 4.7 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were exported from Malaysia; picking up by 533% against the previous year's figure. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 908% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $76K in 2022. In general, exports saw a significant increase. As a result, the exports reached 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.0 | 14.1 | 4.5 | 24.8 | 83.7% |
| Hong Kong SAR | N/A | N/A | N/A | 24.8 | 0% |
| Japan | N/A | N/A | N/A | 8.7 | 0% |
| United States | N/A | 6.0 | N/A | 7.8 | 14.0% |
| Australia | N/A | N/A | N/A | 7.2 | 0% |
| Bangladesh | N/A | N/A | 1.8 | 1.9 | 5.6% |
| Thailand | N/A | 5.4 | N/A | N/A | 0% |
| Germany | N/A | N/A | 2.4 | N/A | 0% |
| Others | N/A | N/A | N/A | 1.2 | 0% |
| Total | 4.0 | 25.6 | 8.7 | 76.4 | 167.3% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Malaysia in 2022:
- Australia (1570.0 kg)
- Hong Kong SAR (1295.0 kg)
- Singapore (870.0 kg)
- Japan (490.0 kg)
- United States (279.0 kg)
- Bangladesh (108.0 kg)
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