Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey - 2024
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $19,663 per ton in 2022, increasing by 4.8% against the previous year. Overall, the import price posted notable growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 68%. Over the period under review, average import prices attained the maximum at $35,361 per ton in 2018; however, from 2019 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 Mexico ($40,897 per ton), while the price for Cyprus ($7,638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.7%), 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 Turkey (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $18,056 per ton, falling by -41.4% against the previous year. In general, the export price, however, saw mild growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 91%. As a result, the export price attained the peak level of $40,928 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($102,845 per ton), while the average price for exports to Azerbaijan ($9,068 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 China (+47.6%), 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 Turkey
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 -27.7% to 91 tons. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 122% against the previous year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted significantly to $1.8M in 2022. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 567 | 521 | 549 | 684 | 6.5% |
| Spain | 561 | 638 | 726 | 392 | -11.3% |
| Mexico | 95.1 | 122 | 458 | 304 | 47.3% |
| Germany | 111 | 89.7 | 156 | 137 | 7.3% |
| United States | 27.5 | 44.6 | 94.2 | 77.6 | 41.3% |
| France | 78.5 | 53.4 | 67.0 | 67.9 | -4.7% |
| United Kingdom | 88.4 | 464 | 118 | 39.5 | -23.5% |
| India | 16.0 | 12.7 | 62.0 | 16.2 | 0.4% |
| Cyprus | 15.8 | N/A | 1.5 | 15.3 | -1.1% |
| Brazil | 8.4 | 121 | 27.8 | 4.4 | -19.4% |
| Others | 16.4 | 42.6 | 93.3 | 44.1 | 39.1% |
| Total | 1,586 | 2,109 | 2,353 | 1,783 | 4.0% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Turkey in 2022:
- Italy (33.1 tons)
- Spain (27.8 tons)
- United States (7.4 tons)
- Mexico (7.4 tons)
- Germany (5.0 tons)
- France (2.8 tons)
- Cyprus (2.0 tons)
- United Kingdom (1.3 tons)
- India (1.0 tons)
- Brazil (0.2 tons)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey
In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Turkey soared to 2.9 tons, jumping by 41% on the previous year. Over the period under review, exports, however, faced a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 256%.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced notably to $53K in 2022. Overall, exports, however, continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 249% against the previous year.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 58.3 | 4.4 | 18.2 | 18.6 | -31.7% |
| China | N/A | 3.9 | 3.1 | 6.0 | 24.0% |
| Italy | N/A | N/A | N/A | 5.1 | 0% |
| Spain | N/A | N/A | N/A | 5.0 | 0% |
| Algeria | 0.5 | N/A | N/A | 2.9 | 79.7% |
| United Kingdom | 14.3 | N/A | 18.3 | 2.0 | -48.1% |
| Azerbaijan | N/A | 1.4 | 0.7 | 1.5 | 3.5% |
| Singapore | 35.0 | N/A | 0.1 | 1.4 | -65.8% |
| United States | 39.2 | 0.3 | 2.8 | 1.1 | -69.6% |
| Indonesia | 0.2 | 1.2 | 3.3 | 1.1 | 76.5% |
| Japan | N/A | N/A | 7.8 | N/A | 0% |
| Others | 10.9 | 7.2 | 9.6 | 8.1 | -9.4% |
| Total | 159 | 18.4 | 64.0 | 52.8 | -30.8% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Turkey in 2022:
- Netherlands (1684.0 kg)
- Spain (361.0 kg)
- Azerbaijan (161.0 kg)
- Singapore (142.0 kg)
- Algeria (95.0 kg)
- China (58.0 kg)
- Italy (56.0 kg)
- United Kingdom (46.0 kg)
- United States (42.0 kg)
- Indonesia (41.0 kg)
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