Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Portugal - 2024

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $30,677 per ton, which is down by -23.1% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 51%. The import price peaked at $39,918 per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($96,933 per ton), while the price for Italy ($21,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $90,667 per ton, with an increase of 132% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 600%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($124,000 per ton), while the average price for exports to Angola ($23,000 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 UK (+85.7%), 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 Portugal

In 2022, approx. 2.2 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Portugal; waning by -52.9% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 144% against the previous year. As a result, imports attained the peak of 4.6 tons, and then shrank markedly in the following year.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted markedly to $67K in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 178%. As a result, imports reached the peak of $184K, and then declined significantly in the following year.

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

1. Spain (1129.0 kg)
2. Ireland (600.0 kg)
3. Italy (335.0 kg)
4. France (42.0 kg)
5. Germany (25.0 kg)
6. Netherlands (18.0 kg)
7. United Kingdom (15.0 kg)

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

In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -43.8% to 9 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 17 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 soared to $816 in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,090%. As a result, the exports reached the peak of $1.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Czech Republic (6.0 kg)
2. Switzerland (1.0 kg)
3. United Kingdom (1.0 kg)
4. Angola (1.0 kg)

Source: IndexBox Market Intelligence Platform