Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway (CIF) - 2024
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway (CIF) - 2024
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $82,345 per ton in May 2024, approximately equating the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 70% m-o-m. Over the period under review, average import prices attained the peak figure at $104K per ton in June 2023; however, from July 2023 to May 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Ireland ($135K per ton), while the price for the United States ($38,402 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Ireland (+11.3%), 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 Norway (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $93,567 per ton, jumping by 1,326% against the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 2,567% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +8.6% per year.
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway
In 2022, supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -19% to 4.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 104%.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell markedly to $347K in 2022. Overall, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. As a result, imports reached the peak of $528K, and then fell notably in the following year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.9 | 0.4 | 266 | 182 | 297.4% |
| United States | 243 | 241 | 211 | 120 | -21.0% |
| Germany | 18.8 | 34.0 | 20.4 | 26.9 | 12.7% |
| United Kingdom | 8.0 | 21.0 | 9.7 | 9.4 | 5.5% |
| China | N/A | N/A | 0.8 | 2.6 | 225.0% |
| India | N/A | N/A | N/A | 1.3 | 0% |
| Morocco | N/A | N/A | N/A | 0.1 | 0% |
| Others | 4.8 | 1.2 | 19.1 | 4.8 | 0.0% |
| Total | 278 | 297 | 528 | 347 | 7.7% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Norway in 2022:
- Italy (2610.0 kg)
- United States (571.0 kg)
- Germany (412.0 kg)
- United Kingdom (218.0 kg)
- China (133.0 kg)
- Morocco (82.0 kg)
- India (64.0 kg)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway
In 2022, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -31% to 60 kg, falling for the second consecutive year after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 153%. As a result, the exports attained the peak of 149 kg. 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 skyrocketed to $5.6K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 6,634%. As a result, the exports attained the peak of $9.1K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 5.6 | 0% |
| Germany | N/A | 8.0 | N/A | N/A | 0% |
| Sweden | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Netherlands | N/A | 1.1 | 0.4 | N/A | -63.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 9.1 | 0.6 | 5.6 | 282.6% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Norway in 2022:
- Canada (60.0 kg)
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