Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus - 2022

Contents:

  1. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus (CIF) - 2022
  2. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus (FOB) - 2022
  3. Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus
  4. Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus

Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus (CIF) - 2022

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $15,954 per ton in 2022, increasing by 2.1% against the previous year. In general, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of 66% against the previous year. Over the period under review, average import prices hit record highs at $25,017 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($42,422 per ton), while the price for Italy ($5,879 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus (FOB) - 2022

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $16,698 per ton, increasing by 9.7% against the previous year. Over the period under review, the export price saw buoyant growth. The growth pace was the most rapid in 2015 an increase of 83% against the previous year. The export price peaked at $25,000 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +11.9% per year.

Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus

In 2022, purchases abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -25.2% to 1.6 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 6.7% against the previous year. As a result, imports reached the peak of 2.2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined rapidly to $26K in 2022. Overall, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of $34K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.814.09.87.6-0.9%
Slovenia3.23.15.84.310.4%
Germany5.74.35.94.3-9.0%
Italy3.83.65.54.01.7%
Brazil5.45.41.63.0-17.8%
Switzerland2.22.02.61.9-4.8%
Others1.11.42.30.4-28.6%
Total29.233.833.525.6-4.3%

Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Belarus in 2022:

  1. Italy (687.0 kg)
  2. Russia (246.0 kg)
  3. Slovenia (231.0 kg)
  4. Brazil (222.0 kg)
  5. Germany (158.0 kg)
  6. Switzerland (45.0 kg)

Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus

In 2022, approx. 539 kg of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were exported from Belarus; growing by 134% on the year before. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 161%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $9K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.81.33.49.033.3%
OthersN/A0.10.1N/A0.0%
Total3.81.43.59.033.3%

Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Belarus in 2022:

  1. Russia (539.0 kg)

Source: IndexBox Market Intelligence Platform

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