Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland (CIF) - 2023
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland (CIF) - 2023
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $43,965 per ton in November 2023, dropping by -3% against the previous month. Over the period under review, the import price, however, saw strong growth. The pace of growth was the most pronounced in December 2022 when the average import price increased by 87% against the previous month. Over the period under review, average import prices reached the peak figure at $45,337 per ton in October 2023, and then declined modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($202K per ton), while the price for the Netherlands ($6,925 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Argentina (+25.4%), 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 Ireland (FOB) - 2022
The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $25,189 per ton in 2022, falling by -8.4% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by +16.8% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 39%. Over the period under review, the average export prices reached the maximum at $27,484 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($129,896 per ton), while the average price for exports to Egypt ($17,805 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 the UK (+28.6%), 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 Ireland
Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Ireland skyrocketed to 1.8K tons in 2022, growing by 103% against 2021. In general, imports, however, continue to indicate a perceptible setback.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $41M in 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.8 | 12.1 | 16.6 | 21.9 | 3.4% |
| Germany | 1.7 | 1.1 | 1.7 | 7.3 | 62.5% |
| Brazil | 7.9 | 0.8 | 1.1 | 4.0 | -20.3% |
| Mexico | 2.1 | 1.0 | 2.2 | 3.8 | 21.9% |
| Argentina | 1.1 | 1.4 | 0.3 | 1.6 | 13.3% |
| Costa Rica | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Others | 1.0 | 0.8 | 0.5 | 1.8 | 21.6% |
| Total | 33.6 | 17.4 | 22.5 | 40.8 | 6.7% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Ireland in 2022:
- United States (529.3 tons)
- Brazil (460.0 tons)
- Mexico (341.8 tons)
- Germany (276.0 tons)
- Argentina (158.4 tons)
- Costa Rica (28.8 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland
In 2022, approx. 498 tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were exported from Ireland; remaining constant against the year before. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reduced to $13M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, the exports reached the peak of $14M, and then declined in the following year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 2.6 | 3.5 | 4.7 | 40.4% |
| France | 1.5 | 1.6 | 2.5 | 2.5 | 18.6% |
| South Africa | 0.7 | 1.3 | 1.3 | 1.5 | 28.9% |
| Singapore | 1.6 | 1.1 | 1.2 | 1.4 | -4.4% |
| Netherlands | 0.4 | 0.1 | 2.5 | 0.6 | 14.5% |
| India | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| Egypt | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.6 | 1.2 | 2.0 | 1.1 | 22.4% |
| Total | 7.1 | 8.5 | 13.6 | 12.5 | 20.7% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Ireland in 2022:
- China (187.1 tons)
- France (104.1 tons)
- South Africa (81.1 tons)
- Singapore (45.9 tons)
- India (20.5 tons)
- Egypt (15.3 tons)
- Netherlands (14.5 tons)
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