Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay - 2023
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $39,631 per ton, falling by -2% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 153% against the previous year. The export price peaked at $42,190 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($48,344 per ton), while the average price for exports to Mexico ($7,538 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 Ireland (+1.7%), 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 Uruguay (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $12,657 per ton, with a decrease of -64.6% against the previous year. In general, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 451% against the previous year. As a result, import price reached the peak level of $44,787 per ton. From 2019 to 2022, the average import prices remained at a 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 the United States ($38,000 per ton), while the price for Argentina totaled $12,197 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.3%).
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay
In 2022, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Uruguay surged to 250 tons, increasing by 47% on 2021. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 141%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $9.9M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 93%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | 0.7 | 4.6 | 5.4 | 177.7% |
| United States | 2.9 | 2.0 | 2.2 | 4.3 | 14.0% |
| Mexico | N/A | N/A | N/A | 0.2 | 0% |
| Free Zones | N/A | 0.4 | N/A | N/A | 0% |
| Argentina | N/A | 0.3 | N/A | N/A | 0% |
| Germany | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.0 | 3.6 | 6.9 | 9.9 | 48.9% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Uruguay in 2022:
- Ireland (111.7 tons)
- United States (105.6 tons)
- Mexico (32.5 tons)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Uruguay
After two years of decline, overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses increased by 44,578% to 16 tons in 2022. In general, 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 surged to $204K in 2022. Overall, imports posted significant growth. As a result, imports reached 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 Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 0.2 | N/A | 194 | 3014.5% |
| Others | 5.7 | 1.3 | 1.3 | 9.5 | 18.6% |
| Total | 5.8 | 1.5 | 1.3 | 204 | 227.6% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Uruguay in 2022:
- Argentina (15.9 tons)
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