Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia (CIF) - 2022
In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $21,019 per ton, with an increase of 64% against the previous year. In general, the import price, however, showed a pronounced slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 84%. The import price peaked at $26,074 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($62,250 per ton), while the price for Finland ($8,568 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+79.4%), 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 Estonia (FOB) - 2022
In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $226,208 per ton, with an increase of 41% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 141% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($359,583 per ton), while the average price for exports to Russia ($35,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+285.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia
In 2022, overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -56.4% to 884 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, imports attained the peak of 2.8 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reduced markedly to $19K in 2022. In general, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 19%.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.9 | 3.2 | 3.4 | 7.2 | 55.9% |
| United Kingdom | 2.6 | 1.0 | 2.3 | 2.3 | -4.0% |
| Germany | 4.2 | 3.1 | 5.3 | 2.3 | -18.2% |
| Latvia | 1.1 | 7.6 | 5.8 | 1.5 | 10.9% |
| Finland | 7.4 | 6.6 | 7.0 | 1.4 | -42.6% |
| Ukraine | 1.4 | 1.8 | 0.2 | 1.1 | -7.7% |
| Lithuania | N/A | 0.2 | 0.2 | 1.1 | 134.5% |
| Others | 2.1 | 1.1 | 1.8 | 1.6 | -8.7% |
| Total | 20.8 | 24.7 | 26.0 | 18.6 | -3.7% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Estonia in 2022:
- Russia (372.0 kg)
- Finland (162.0 kg)
- Latvia (97.0 kg)
- Germany (96.0 kg)
- Ukraine (50.0 kg)
- United Kingdom (50.0 kg)
- Lithuania (30.0 kg)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia
In 2022, shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -44.2% to 24 kg, falling for the second consecutive year after two years of growth. In general, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 61 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reduced dramatically to $5.4K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 177% against the previous year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 829 | 2,873 | 5,904 | 4,315 | 73.3% |
| Sweden | 4.0 | 213 | 770 | 458 | 385.6% |
| Switzerland | N/A | N/A | N/A | 218 | 0% |
| Germany | N/A | N/A | N/A | 147 | 0% |
| Lithuania | N/A | 119 | 199 | 113 | -2.6% |
| Russia | 18.0 | N/A | N/A | 71.0 | 58.0% |
| Latvia | 610 | 657 | 4.0 | 53.0 | -55.7% |
| United Kingdom | N/A | 180 | N/A | N/A | 0% |
| Others | N/A | 2.0 | N/A | 54.0 | 419.6% |
| Total | 1,461 | 4,044 | 6,877 | 5,429 | 54.9% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Estonia in 2022:
- Finland (12.0 kg)
- Switzerland (3.0 kg)
- Lithuania (2.0 kg)
- Sweden (2.0 kg)
- Germany (2.0 kg)
- Russia (2.0 kg)
- Latvia (1.0 kg)
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