Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $15,654 per ton in 2022, declining by -17% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 25% against the previous year. The import price peaked at $30,235 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($18,989 per ton), while the price for Uruguay ($6,653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+3.2%), 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 UK (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $21,638 per ton in 2022, dropping by -6.5% against the previous year. In general, the export price recorded a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of 15%. The export price peaked at $37,208 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($72,010 per ton), while the average price for exports to Ghana ($1,726 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 Spain (+3.2%), 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 UK
Imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses into the UK soared to 842 tons in 2022, increasing by 20% compared with 2021. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 contracted slightly to $13M in 2022. Over the period under review, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 3.7 | 1.3 | 1.9 | 3.3 | -3.7% |
| Italy | 3.3 | 2.7 | 3.6 | 3.0 | -3.1% |
| Spain | 3.8 | 2.6 | 5.2 | 2.5 | -13.0% |
| Brazil | 0.3 | N/A | 0.1 | 1.6 | 74.7% |
| United States | 1.6 | 0.7 | 1.1 | 1.3 | -6.7% |
| South Africa | 0.6 | 0.4 | 0.2 | 0.3 | -20.6% |
| Germany | 0.8 | 0.5 | 0.8 | 0.3 | -27.9% |
| Ireland | 0.4 | 0.3 | N/A | 0.3 | -9.1% |
| Uruguay | 0.3 | 0.2 | N/A | 0.2 | -12.6% |
| Netherlands | 1.1 | 1.3 | 0.1 | N/A | -69.8% |
| Others | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Total | 16.1 | 10.0 | 13.2 | 13.2 | -6.4% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to the UK in 2022:
- Argentina (222.5 tons)
- Italy (158.2 tons)
- Spain (130.1 tons)
- Brazil (118.8 tons)
- United States (79.2 tons)
- South Africa (38.8 tons)
- Uruguay (26.5 tons)
- Germany (19.7 tons)
- Ireland (18.3 tons)
- Netherlands (2.9 tons)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK
Exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from the UK stood at 568 tons in 2022, surging by 6.2% compared with 2021 figures. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 585 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced to $12M in 2022. Overall, exports, however, saw a noticeable downturn.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.6 | 4.5 | 3.9 | 3.3 | 8.3% |
| Uruguay | 0.6 | 0.3 | 0.6 | 1.7 | 41.5% |
| Singapore | 0.2 | 0.2 | 0.8 | 1.3 | 86.6% |
| Germany | 2.2 | 1.3 | 1.1 | 1.0 | -23.1% |
| Japan | 1.7 | 0.9 | 0.8 | 1.0 | -16.2% |
| China | 0.5 | 0.8 | 0.5 | 0.8 | 17.0% |
| Iran | N/A | N/A | N/A | 0.6 | 0% |
| France | 1.1 | 1.4 | 0.5 | 0.6 | -18.3% |
| United States | 0.7 | 0.9 | 0.3 | 0.4 | -17.0% |
| Netherlands | 1.2 | 0.6 | 2.0 | 0.1 | -56.3% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 2.2 | 1.8 | 1.8 | 1.5 | -12.0% |
| Total | 13.1 | 12.6 | 12.4 | 12.3 | -2.1% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from the UK in 2022:
- Ireland (178.8 tons)
- Uruguay (74.6 tons)
- Germany (53.7 tons)
- Singapore (53.4 tons)
- France (47.4 tons)
- China (28.2 tons)
- Ghana (24.4 tons)
- Japan (21.3 tons)
- Iran (15.4 tons)
- Netherlands (5.3 tons)
- United States (5.2 tons)
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