Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada - 2024
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada (FOB) - 2024
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada (CIF) - 2024
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada (FOB) - 2024
The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $12,757 per ton in January 2024, falling by -13.1% against the previous month. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in October 2023 an increase of 110% month-to-month. As a result, the export price reached the peak level of $23,598 per ton. From November 2023 to January 2024, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to January 2024, the rate of growth in terms of prices for Germany amounted to 0.0% per month.
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada (CIF) - 2024
In January 2024, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $14,545 per ton, falling by -46.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average import price increased by 107% month-to-month. As a result, import price attained the peak level of $27,218 per ton, and then declined remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Costa Rica ($17,777 per ton), while the price for Tunisia ($3,962 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Africa (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada
In 2022, approx. 1.5K tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were exported from Canada; with an increase of 11% compared with 2021 figures. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 84%. As a result, the exports reached the peak of 1.5K tons; afterwards, it flattened through to 2022.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $19M in 2022. Over the period under review, exports enjoyed a significant expansion. 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 Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 6.5 | 9.0 | 16.9 | 41.2% |
| Germany | 0.4 | 2.4 | 1.8 | 2.6 | 86.6% |
| Philippines | 0.3 | 0.2 | 0.4 | N/A | 15.5% |
| Netherlands | 0.1 | 0.1 | 0.5 | N/A | 123.6% |
| Others | 0.3 | 0.6 | 0.5 | 0.1 | -30.7% |
| Total | 7.1 | 9.8 | 12.2 | 19.5 | 40.0% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Canada in 2022:
- United States (1128.0 tons)
- Germany (345.9 tons)
- Philippines (0.6 tons)
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada
In 2022, supplies from abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -19.3% to 1.1K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $12M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.1 | 3.7 | 2.6 | 4.3 | 27.0% |
| United States | 2.7 | 3.3 | 4.0 | 3.8 | 12.1% |
| Costa Rica | 0.3 | 1.3 | 0.8 | 1.8 | 81.7% |
| Mexico | 1.3 | 2.0 | 1.8 | 1.3 | 0.0% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Ireland | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 1.2 | 1.0 | 0.9 | 8.7% |
| Total | 7.1 | 11.5 | 10.3 | 12.4 | 20.4% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Canada in 2022:
- Brazil (413.3 tons)
- United States (328.0 tons)
- Costa Rica (141.4 tons)
- Mexico (133.4 tons)
- Greece (21.5 tons)
- Ireland (17.9 tons)
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