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

Contents:

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

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

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $25,148 per ton, picking up by 36% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 126%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Sweden ($79,218 per ton), while the average price for exports to Bosnia and Herzegovina ($5,389 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 Sweden (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $27,915 per ton in 2022, falling by -16.4% against the previous year. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 53% against the previous year. The import price peaked at $48,382 per ton in 2012; however, from 2013 to 2022, 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 Mexico ($148,500 per ton), while the price for China ($8,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+77.3%), 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 Serbia

In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses was finally on the rise to reach 705 kg after two years of decline. In general, exports, however, faced a abrupt shrinkage.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $18K in 2022. Over the period under review, exports posted a pronounced expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden9.40.7N/A9.81.4%
Montenegro4.91.72.63.5-10.6%
HungaryN/A0.62.52.6108.2%
Bosnia and Herzegovina2.13.52.41.6-8.7%
OthersN/AN/A1.70.2-88.2%
Total16.46.69.217.72.6%

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

  1. Bosnia and Herzegovina (306.0 kg)
  2. Hungary (160.0 kg)
  3. Sweden (124.0 kg)
  4. Montenegro (112.0 kg)

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

In 2022, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into Serbia reduced markedly to 447 kg, declining by -27.7% on the previous year. Overall, imports faced a dramatic downturn. The smallest decline of -13.7% was in 2021.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses declined significantly to $12K in 2022. In general, imports showed a precipitous descent. The smallest decline of -7% was in 2020.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.8N/A0.63.018.6%
Germany9.46.412.72.7-34.0%
MexicoN/AN/AN/A2.10%
Spain1.42.81.82.114.5%
BulgariaN/AN/AN/A1.40%
ChinaN/A1.20.40.1-71.1%
Slovenia8.90.13.5N/A-37.3%
Indonesia3.12.41.5N/A-30.4%
AustraliaN/A6.1N/AN/A0%
Others0.13.90.21.0115.4%
Total24.723.020.612.5-20.3%

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

  1. Italy (148.0 kg)
  2. Germany (136.0 kg)
  3. Spain (90.0 kg)
  4. Bulgaria (35.0 kg)
  5. Mexico (14.0 kg)
  6. China (14.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Top Import Markets for Essential Oils: Key Statistics and Insights
Jan 22, 2024
Eye 440

Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.

Which Country Imports the Most Essential Oils in the World?
Jul 26, 2018
Eye 1546

In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...

Which Country Exports the Most Essential Oils in the World?
Jul 26, 2018
Eye 6574

In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...

Top Import Markets for Essential Oils: Key Statistics and Insights
Jan 22, 2024
Eye 440

Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.

Which Country Imports the Most Essential Oils in the World?
Jul 26, 2018
Eye 1546

In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...

Which Country Exports the Most Essential Oils in the World?
Jul 26, 2018
Eye 6574

In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...

Free Data: Oils, essential; of lemon (terpeneless or not), including concretes and absolutes - Serbia