Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama - 2022
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $32,955 per ton in 2022, rising by 17% against the previous year. Overall, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 82% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($33,410 per ton), while the average price for exports to Venezuela amounted to $32,254 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+47.1%), 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 Panama (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $17,034 per ton in 2022, growing by 7.9% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2016 an increase of 1,549% against the previous year. As a result, import price attained the peak level of $134,697 per ton. From 2017 to 2022, the average 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 Germany ($496,500 per ton), while the price for Colombia ($293 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+6,584.1%), 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 Panama
In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -14.2% to 531 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 71%. As a result, the exports reached the peak of 1.3 tons. 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 reached $17K in 2022. Overall, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 81%. As a result, the exports reached the peak of $34K. 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 Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 7.3 | 3.5 | 11.4 | 10.8 | 13.9% |
| Venezuela | 11.7 | 6.2 | 6.0 | 6.7 | -17.0% |
| Israel | N/A | 24.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.0 | 34.3 | 17.4 | 17.5 | -2.7% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Panama in 2022:
- Costa Rica (322.0 kg)
- Venezuela (209.0 kg)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama
In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Panama shrank dramatically to 293 kg, dropping by -15.1% compared with the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 143% against the previous year. As a result, imports reached the peak of 345 kg, and then reduced sharply in the following year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses shrank to $5K in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 110%.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 2,468 | 939 | 923 | 2,239 | -3.2% |
| Germany | 2,112 | 1,177 | 2,916 | 1,986 | -2.0% |
| Spain | 279 | 260 | 1,355 | 624 | 30.8% |
| Colombia | 54.0 | 33.0 | 90.0 | 63.0 | 5.3% |
| United States | 1,096 | 132 | 120 | 53.0 | -63.6% |
| Brazil | 49.0 | 36.0 | N/A | N/A | -26.5% |
| Others | 120 | 17.0 | 40.0 | 26.0 | -39.9% |
| Total | 6,178 | 2,594 | 5,444 | 4,991 | -6.9% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Panama in 2022:
- Colombia (215.0 kg)
- Free Zones (61.0 kg)
- Spain (11.0 kg)
- Germany (4.0 kg)
- United States (1.0 kg)
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