Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Tanzania - 2023

Contents:

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

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

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $35,769 per ton, picking up by 404% against the previous year. In general, the import price posted resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 714% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +30.0% per year.

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

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $10,000 per ton in 2022, increasing by 2,150% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 414,366%. As a result, the export price reached the peak level of $359,203 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +198.1% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, when their volume decreased by 99.9% to 13 kg. In general, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 7,076% against the previous year.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell dramatically to $465 in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 6,074%.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A0.50%
India0.852.060.9N/A772.5%
FranceN/AN/A297N/A0%
OthersN/AN/AN/AN/A0%
Total0.852.03580.5-14.5%

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

  1. Spain (13.0 kg)

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

In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -55.6% to 4 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 13%. As a result, the exports reached the peak of 9 kg, and then contracted significantly in the following year.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses surged to $40 in 2022. Overall, exports, however, posted significant growth. 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 Tanzania (USD)
COUNTRY202020212022CAGR,
2020-2022
United Kingdom9.04.040.0110.8%
OthersN/AN/AN/A0%
Total9.04.040.0110.8%

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

  1. United Kingdom (4.0 kg)

Source: IndexBox Market Intelligence Platform

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