Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq (CIF) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $10,127 per ton in 2022, reducing by -17.4% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of 78% against the previous year. The import price peaked at $21,301 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($25,942 per ton), while the price for the UK ($7,062 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq
In 2022, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Iraq contracted remarkably to 11 tons, which is down by -18.2% compared with 2021 figures. In general, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell significantly to $112K in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 185%.
Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 14.4 | N/A | 56.0 | 97.2% |
United Arab Emirates | 114 | 34.9 | 113 | 40.5 | -29.2% |
Turkey | 35.9 | 6.5 | 6.3 | 4.0 | -51.9% |
Spain | 25.9 | N/A | N/A | N/A | 0% |
Others | 26.0 | 2.6 | 46.9 | 11.9 | -22.9% |
Total | 202 | 58.4 | 166 | 112 | -17.8% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Iraq in 2022:
- United Kingdom (7.9 tons)
- United Arab Emirates (2.9 tons)
- Turkey (0.2 tons)
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This report provides an in-depth analysis of the essential oils market in Iraq.
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