Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico (CIF) - 2024
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico (FOB) - 2024
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico (CIF) - 2024
In April 2024, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $19,750 per ton, shrinking by -12.8% against the previous month. Overall, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in November 2023 an increase of 135% against the previous month. As a result, import price attained the peak level of $61,708 per ton. From December 2023 to April 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Germany ($34,920 per ton), while the price for Spain ($13,676 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Italy (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico (FOB) - 2024
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $35,390 per ton in February 2024, growing by 14% against the previous month. Over the period under review, the export price posted a modest increase. The growth pace was the most rapid in March 2023 an increase of 56% against the previous month. The export price peaked at $103K per ton in July 2023; however, from August 2023 to February 2024, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From February 2023 to February 2024, the rate of growth in terms of prices for the United States amounted to +1.4% per month.
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico
In 2022, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Mexico surged to 440 tons, picking up by 117% compared with the previous year's figure. In general, imports posted a significant increase. As a result, imports attained 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 soared to $9.5M in 2022. Overall, imports saw strong 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 0.7 | 0.4 | 0.5 | 4.7 | 88.7% |
| United States | 3.7 | 4.2 | 3.9 | 2.9 | -7.8% |
| Italy | 0.6 | 0.7 | 0.9 | 1.3 | 29.4% |
| Brazil | N/A | N/A | N/A | 0.3 | 0% |
| Spain | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
| Germany | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.4 | N/A | N/A | 300.0% |
| Total | 5.5 | 6.0 | 5.5 | 9.5 | 20.0% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Mexico in 2022:
- Argentina (197.6 tons)
- United States (107.0 tons)
- Italy (98.6 tons)
- Spain (16.4 tons)
- Brazil (10.7 tons)
- Germany (8.6 tons)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico
In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -61.8% to 79 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 86%. As a result, the exports attained the peak of 359 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted dramatically to $2.6M in 2022. Over the period under review, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. As a result, the exports reached the peak of $7.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.5 | 6.8 | 3.4 | 2.6 | -16.7% |
| Germany | 1.2 | 0.9 | N/A | N/A | -25.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 5.8 | 7.8 | 3.4 | 2.6 | -23.5% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Mexico in 2022:
- United States (79.0 tons)
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