Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic - 2022
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $29,040 per ton, growing by 29% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices attained the maximum at $36,963 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($31,191 per ton), while the average price for exports to the United States amounted to $26,996 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.3%), while the prices for the other major destinations experienced a decline.
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $9,825 per ton in 2022, reducing by -45% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. The import price peaked at $23,486 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26,024 per ton), while the price for Belgium ($5,080 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-4.3%), while the prices for the other major suppliers experienced a decline.
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in overseas shipments of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which increased by 7.9% to 2.2 tons in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $64K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | N/A | N/A | N/A | 33.3 | 0% |
| United States | 31.0 | 32.3 | 23.4 | 30.3 | -0.8% |
| Guyana | N/A | N/A | 22.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 31.0 | 32.3 | 45.8 | 63.5 | 27.0% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from the Dominican Republic in 2022:
- United States (1.1 tons)
- Trinidad and Tobago (1.1 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
In 2022, supplies from abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by 271% to 3.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $34K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 3.9 | 5.4 | 9.4 | 57.6% |
| Belgium | 1.8 | 2.6 | 2.4 | 9.3 | 72.9% |
| France | 4.6 | 5.4 | 4.0 | 8.6 | 23.2% |
| Switzerland | 4.5 | 5.3 | 3.0 | 2.9 | -13.6% |
| Germany | 0.8 | 0.8 | 0.5 | 1.1 | 11.2% |
| China | 0.3 | 0.3 | 0.2 | 0.6 | 26.0% |
| Spain | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Mexico | 0.9 | 0.5 | 0.3 | 0.4 | -23.7% |
| Jamaica | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.9 | 0.6 | 1.1 | 3.2% |
| Total | 17.6 | 19.8 | 16.6 | 33.9 | 24.4% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to the Dominican Republic in 2022:
- Belgium (1824.0 kg)
- United States (992.0 kg)
- France (329.0 kg)
- Germany (99.0 kg)
- Mexico (66.0 kg)
- China (52.0 kg)
- Spain (52.0 kg)
- Switzerland (17.0 kg)
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