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

Contents:

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

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

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $37,459 per ton, waning by -1.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 41% against the previous year. The export price peaked at $59,908 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($227,000 per ton), while the average price for exports to India ($2,000 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 the Czech Republic (+8.8%), 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 Nepal (CIF) - 2022

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $10,856 per ton, waning by -25.3% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 90%. The import price peaked at $14,533 per ton in 2021, and then fell remarkably in the following year.

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 India ($14,023 per ton), while the price for Singapore ($4,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+16.7%), 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 Nepal

In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -22.5% to 183 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 198%. As a result, the exports reached the peak of 307 kg. 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 contracted markedly to $6.9K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 203% against the previous year. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.98.46.65.120.7%
Czech Republic0.51.20.90.711.9%
France0.21.30.90.644.2%
Canada0.20.60.40.314.5%
Others0.20.40.20.1-20.6%
Total3.911.99.06.920.9%

Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Nepal in 2022:

  1. United States (154.0 kg)
  2. France (14.0 kg)
  3. Canada (5.0 kg)
  4. Czech Republic (3.0 kg)

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

After three years of growth, supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -69.6% to 160 kg in 2022. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 75%.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses dropped rapidly to $1.7K in 2022. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 123%. As a result, imports reached the peak of $7.7K, and then declined dramatically in the following year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.82.57.31.2-12.6%
Malaysia0.80.90.30.5-14.5%
SingaporeN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.63.47.71.7-13.2%

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

  1. India (86.0 kg)
  2. Malaysia (69.0 kg)
  3. Singapore (4.0 kg)

Source: IndexBox Market Intelligence Platform

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