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

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $32,439 per ton in 2022, declining by -44.9% against the previous year. Over the period under review, the import price, however, enjoyed pronounced growth. The pace of growth was the most pronounced in 2021 an increase of 91% against the previous year. As a result, import price attained the peak level of $58,887 per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($227,604 per ton), while the price for Italy ($11,238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+44.4%), 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 the Czech Republic (FOB) - 2022

The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $34,769 per ton in 2022, waning by -38.9% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 2013 when the average export price increased by 38%. The export price peaked at $56,945 per ton in 2021, and then declined sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($111,000 per ton), while the average price for exports to Ireland ($13,000 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 Italy (+96.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into the Czech Republic soared to 5.8 tons, growing by 52% compared with 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 71% against the previous year. As a result, imports attained the peak of 5.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced dramatically to $190K in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $227K, and then contracted significantly in the following year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany54.525.965.766.77.0%
Switzerland25.745.244.853.527.7%
Italy30.453.827.344.413.5%
France35.622.916.67.1-41.6%
India1.10.54.31.35.7%
TurkeyN/A9.051.5N/A472.2%
Others5.224.016.416.647.2%
Total1531812271907.5%

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

  1. Italy (3948.0 kg)
  2. Germany (1271.0 kg)
  3. Switzerland (235.0 kg)
  4. France (138.0 kg)
  5. India (58.0 kg)

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

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses exported from the Czech Republic surged to 2.3 tons, increasing by 134% against the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 308%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses surged to $80K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 332%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A1.848.42588.9%
BelgiumN/AN/A11.714.019.7%
Germany0.95.46.17.7104.5%
Slovakia3.96.47.45.210.1%
AustriaN/A0.61.81.558.1%
United KingdomN/A4.7N/A0.8-58.7%
Poland0.93.91.30.4-23.7%
ItalyN/A1.69.50.1-75.0%
SpainN/A2.14.3N/A104.8%
IrelandN/A0.94.2N/A366.7%
LithuaniaN/A2.11.7N/A-19.0%
Others1.74.46.01.4-6.3%
Total7.432.155.779.6120.7%

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

  1. Russia (1632.0 kg)
  2. Belgium (337.0 kg)
  3. Slovakia (182.0 kg)
  4. Germany (77.0 kg)
  5. Austria (15.0 kg)
  6. United Kingdom (14.0 kg)
  7. Poland (8.0 kg)
  8. Italy (1.0 kg)
  9. Ireland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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