Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bahrain - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bahrain (CIF) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bahrain
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bahrain (CIF) - 2022
In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $4,400 per ton, dropping by -42.2% against the previous year. Overall, the import price showed a mild slump. The pace of growth appeared the most rapid in 2014 an increase of 119% against the previous year. The import price peaked at $13,328 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 China ($11,406 per ton), while the price for Brazil ($3,875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bahrain
In 2022, after three years of growth, there was significant decline in overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -14.2% to 19 tons. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 672%. As a result, imports attained the peak of 23 tons, and then contracted in the following year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reduced sharply to $85K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 490% against the previous year.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.6 | 2.8 | 47.1 | 68.8 | 385.8% |
| China | N/A | 0.2 | 2.2 | 13.2 | 712.4% |
| United States | 0.1 | 0.7 | 2.2 | 2.3 | 184.4% |
| Spain | N/A | 0.8 | 23.3 | N/A | 2812.5% |
| United Arab Emirates | 4.6 | 27.4 | 93.4 | N/A | 350.6% |
| Others | 0.3 | 1.0 | 4.1 | 1.2 | 58.7% |
| Total | 5.6 | 32.9 | 172 | 85.5 | 148.1% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Bahrain in 2022:
- Brazil (17.8 tons)
- China (1.2 tons)
- United States (0.4 tons)
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