Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $12,310 per ton in 2022, remaining stable against the previous year. Overall, the import price, however, continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2019 an increase of 39% against the previous year. The import price peaked at $12,384 per ton in 2021, and then reduced in the following year.
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 Brazil ($19,008 per ton), while the price for China ($2,093 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+174.4%), 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 Kenya (FOB) - 2022
The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $29,047 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13%. The export price peaked at $32,527 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($29,718 per ton), while the average price for exports to Rwanda stood at $1,000 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-7.3%).
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya
In 2022, overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were finally on the rise to reach 5 tons after two years of decline. In general, imports, however, continue to indicate a abrupt decline.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $61K in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 7.8 | 6.7 | 5.5 | 37.5 | 68.8% |
| India | 12.4 | 10.2 | 9.4 | 20.8 | 18.8% |
| China | 1.6 | 1.6 | 1.0 | 1.5 | -2.1% |
| Spain | 13.0 | 15.5 | 12.8 | N/A | -0.8% |
| United Kingdom | 0.1 | 3.5 | 2.4 | N/A | 389.9% |
| South Africa | 2.4 | 1.8 | 1.6 | N/A | -18.4% |
| Netherlands | 5.8 | 4.3 | 1.2 | N/A | -54.5% |
| Others | 8.2 | 17.7 | 8.0 | 1.2 | -47.3% |
| Total | 51.3 | 61.4 | 41.8 | 61.0 | 5.9% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Kenya in 2022:
- India (2.2 tons)
- Brazil (2.0 tons)
- China (0.7 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya
In 2022, after two years of growth, there was significant decline in shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -7.3% to 127 kg. The total export volume increased at an average annual rate of +3.7% over the period from 2020 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 137 kg, and then contracted in the following year.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reduced to $3.7K in 2022. The total export value increased at an average annual rate of +4.0% from 2020 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of $4K, and then reduced in the following year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | 3.3 | 3.9 | 3.7 | 5.9% | |
| Others | 0.1 | 0.1 | N/A | 0.0% | |
| Total | 3.4 | 4.0 | 3.7 | 4.3% | |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Kenya in 2022:
- United Kingdom (124.0 kg)
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