Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain (FOB) - 2024
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain (FOB) - 2024
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $14,259 per ton in March 2024, picking up by 10% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 when the average export price increased by 43% m-o-m. Over the period under review, the average export prices attained the maximum at $20,944 per ton in September 2023; however, from October 2023 to March 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($52,894 per ton), while the average price for exports to France ($11,485 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+27.5%), 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 Spain (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $20,226 per ton in 2022, with a decrease of -8.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 an increase of 38% against the previous year. The import price peaked at $25,690 per ton in 2019; however, from 2020 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 the UK ($50,507 per ton), while the price for Taiwan (Chinese) ($7,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+28.6%), 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 Spain
After three years of growth, overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -25.8% to 765 tons in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports reached the peak of 1K tons, and then declined markedly in the following year.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted rapidly to $13M in 2022. In general, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. As a result, the exports attained the peak of $19M, and then contracted dramatically in the following year.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.8 | 1.9 | 4.0 | 3.0 | 18.6% |
| Ireland | 0.4 | N/A | 1.5 | 2.2 | 76.5% |
| United Kingdom | 2.5 | 2.1 | 3.8 | 2.1 | -5.6% |
| United States | 2.8 | 1.7 | 3.2 | 1.4 | -20.6% |
| Germany | 1.1 | 1.8 | 2.1 | 1.4 | 8.4% |
| France | 1.1 | 0.8 | 1.1 | 1.0 | -3.1% |
| China | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Netherlands | 2.8 | 1.3 | 0.7 | 0.1 | -67.1% |
| Others | 1.8 | 3.3 | 2.2 | 1.7 | -1.9% |
| Total | 14.4 | 13.1 | 18.8 | 13.2 | -2.9% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Spain in 2022:
- Italy (260.9 tons)
- United Kingdom (102.2 tons)
- Ireland (91.1 tons)
- Germany (77.9 tons)
- United States (62.9 tons)
- France (50.8 tons)
- China (21.1 tons)
- Netherlands (3.5 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain
In 2022, approx. 72 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were imported into Spain; with an increase of 9.5% compared with the year before. In general, imports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell to $1.4M in 2022. Overall, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,433 | 568 | 718 | 605 | -25.0% |
| Bolivia | N/A | N/A | N/A | 247 | 0% |
| Argentina | 0.1 | N/A | N/A | 143 | 1026.6% |
| Germany | 40.2 | 180 | 220 | 132 | 48.6% |
| Netherlands | 180 | 17.1 | 41.0 | 105 | -16.4% |
| France | 49.2 | 165 | 74.0 | 103 | 27.9% |
| United Kingdom | 207 | 99.2 | 52.2 | 48.7 | -38.3% |
| Taiwan (Chinese) | N/A | 12.3 | N/A | 40.5 | 81.5% |
| Brazil | N/A | 0.1 | 170 | 0.1 | 0.0% |
| Belgium | 122 | 143 | 80.7 | N/A | -18.7% |
| Mexico | N/A | 7.6 | 42.5 | N/A | 459.2% |
| Others | 48.8 | 24.5 | 51.8 | 21.7 | -23.7% |
| Total | 2,081 | 1,218 | 1,450 | 1,447 | -11.4% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Spain in 2022:
- Italy (25.8 tons)
- Bolivia (16.4 tons)
- Germany (7.1 tons)
- France (6.9 tons)
- Taiwan (Chinese) (5.7 tons)
- Argentina (4.4 tons)
- Netherlands (3.1 tons)
- United Kingdom (1.0 tons)
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