Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam - 2022
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam (CIF) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam (FOB) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $28,889 per ton in 2022, rising by 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 85% against the previous year. Over the period under review, average import prices hit record highs at $35,165 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($29,411 per ton), while the price for China ($14,099 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.3%), 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 Vietnam (FOB) - 2022
The average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $28,749 per ton in 2022, with a decrease of -49.3% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The pace of growth was the most pronounced in 2014 an increase of 66%. Over the period under review, the average export prices hit record highs at $83,039 per ton in 2017; however, from 2018 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 France ($35,509 per ton), while the average price for exports to South Korea stood at $14,948 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+33.3%), 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 Vietnam
In 2022, after three years of growth, there was significant decline in purchases abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, when their volume decreased by -52.2% to 8.6 tons. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced markedly to $249K in 2022. In general, imports continue to indicate a slight slump. The pace of growth was the most pronounced in 2020 when imports increased by 34% against the previous year.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 49.9 | 74.0 | 97.2 | 75.4 | 14.8% |
| United Kingdom | 88.7 | 125 | 176 | 65.2 | -9.8% |
| Singapore | 42.5 | 62.5 | 42.8 | 32.0 | -9.0% |
| India | 28.8 | 24.8 | 30.2 | 25.2 | -4.4% |
| France | 17.0 | 15.5 | 15.9 | 11.5 | -12.2% |
| United States | 1.9 | 10.5 | 5.3 | 10.6 | 77.4% |
| Japan | 1.9 | 5.1 | 10.4 | 10.1 | 74.5% |
| Mexico | N/A | N/A | 45.3 | 2.6 | -94.3% |
| China | 17.9 | 9.8 | 6.3 | 2.4 | -48.8% |
| Others | 11.8 | 21.1 | 34.4 | 13.7 | 5.1% |
| Total | 260 | 348 | 464 | 249 | -1.4% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Vietnam in 2022:
- Italy (2565.0 kg)
- United Kingdom (2217.0 kg)
- Singapore (1089.0 kg)
- India (857.0 kg)
- France (391.0 kg)
- United States (359.0 kg)
- Japan (344.0 kg)
- China (171.0 kg)
- Mexico (88.0 kg)
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam
For the fourth year in a row, Vietnam recorded growth in shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which increased by 204% to 423 kg in 2022. In general, exports saw a significant expansion. As a result, the exports attained 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 surged to $12K in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 91%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.0 | 1.1 | 6.8 | 10.1 | 49.9% |
| South Korea | N/A | N/A | N/A | 2.0 | 0% |
| Nigeria | N/A | 3.0 | N/A | N/A | 0% |
| Others | N/A | N/A | 1.1 | N/A | 0% |
| Total | 3.0 | 4.1 | 7.9 | 12.2 | 59.6% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Vietnam in 2022:
- France (285.0 kg)
- South Korea (134.0 kg)
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