Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela - 2022
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $12,082 per ton in 2022, shrinking by -35.3% against the previous year. Over the period under review, the import price, however, posted a prominent increase. The pace of growth was the most pronounced in 2014 an increase of 163% against the previous year. Over the period under review, average import prices hit record highs at $26,692 per ton in 2016; however, from 2017 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 Panama ($31,258 per ton), while the price for the United States ($5,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+96.9%), 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 Venezuela (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $421,605 per ton in 2020, increasing by 2.8% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2013 to 2020, the rate of growth in terms of prices for Costa Rica amounted to +2.8% per year.
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela
In 2022, overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were finally on the rise to reach 1.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep reduction.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses declined sharply to $15K in 2022. Overall, imports, however, faced a sharp descent.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.2 | 14.4 | 8.2 | 6.9 | -27.6% |
| Panama | 3.8 | 3.3 | 2.1 | 1.9 | -20.6% |
| United States | 8.9 | 5.8 | 2.7 | 1.7 | -42.4% |
| United Kingdom | 6.4 | 4.4 | 2.2 | 1.6 | -37.0% |
| Italy | 3.3 | 2.4 | 1.3 | 1.0 | -32.8% |
| Spain | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
| France | 2.2 | 1.3 | 0.6 | 0.4 | -43.3% |
| Others | 2.3 | 1.7 | 1.0 | 1.0 | -24.2% |
| Total | 45.5 | 33.8 | 18.6 | 15.1 | -30.8% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Venezuela in 2022:
- Germany (404.0 kg)
- United States (311.0 kg)
- United Kingdom (226.0 kg)
- Italy (110.0 kg)
- Spain (63.0 kg)
- Panama (62.0 kg)
- France (44.0 kg)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela
In 2020, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses from Venezuela soared to 162 kg, with an increase of 27% on 2019. The total export volume increased at an average annual rate of +26.6% from 2019 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses soared to $68K in 2020. The total export value increased at an average annual rate of +30.1% from 2019 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Costa Rica | 52.5 | 68.3 | 30.1% |
| Others | N/A | N/A | 0% |
| Total | 52.5 | 68.3 | 30.1% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Venezuela in 2022:
- Costa Rica (162.0 kg)
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