Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the United Arab Emirates - 2022

Contents:

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

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

The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $21,001 per ton in 2022, with an increase of 4% against the previous year. Over the period under review, the import price showed a prominent expansion. The growth pace was the most rapid in 2013 when the average import price increased by 177%. The import price peaked at $52,283 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Germany ($58,242 per ton), while the price for Indonesia ($12,015 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+14.4%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $2,188 per ton, dropping by -3.7% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 122%. The export price peaked at $11,967 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($13,393 per ton), while the average price for exports to Democratic Republic of the Congo ($1,770 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 Ethiopia (+24.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the United Arab Emirates

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into the United Arab Emirates contracted significantly to 7.3 tons, waning by -37.2% on the previous year's figure. Over the period under review, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 206%.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses plummeted to $152K in 2022. In general, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom63.215.493.882.09.1%
Italy12.97.23.921.518.6%
GermanyN/A11.12.521.238.2%
Spain4.56.77.511.235.5%
Belgium0.10.13.47.4319.8%
IndonesiaN/A6.56.56.50.0%
India21.15.419.91.8-56.0%
France11.515.947.70.6-62.6%
United StatesN/A18.612.9N/A-30.6%
Canada214N/AN/AN/A0%
Others18.114.635.30.2-77.7%
Total346102233152-24.0%

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

  1. United Kingdom (4379.0 kg)
  2. Italy (952.0 kg)
  3. Spain (603.0 kg)
  4. Indonesia (541.0 kg)
  5. Germany (364.0 kg)
  6. Belgium (307.0 kg)
  7. India (75.0 kg)
  8. France (24.0 kg)

Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the United Arab Emirates

In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from the United Arab Emirates was estimated at 43 tons, with an increase of 10% against 2021 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,349%. Over the period under review, the exports of reached 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 rose significantly to $94K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 384% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo3.347.039.559.1161.6%
RwandaN/AN/AN/A13.20%
Pakistan1.22.64.610.6106.7%
Oman0.31.26.610.1222.9%
Others12.533.138.41.4-51.8%
Total17.383.989.194.376.0%

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

  1. Democratic Republic of the Congo (33.4 tons)
  2. Rwanda (7.1 tons)
  3. Oman (1.3 tons)
  4. Pakistan (0.8 tons)

Source: IndexBox Market Intelligence Platform

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