Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Libya - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Libya (CIF) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Libya
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Libya (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $7,221 per ton in 2022, increasing by 3.8% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -33.6% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 96%. As a result, import price reached the peak level of $10,870 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,625 per ton), while the price for Greece totaled $5,915 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%).
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Libya
In 2022, after three years of growth, there was decline in supplies from abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -2.6% to 23 tons. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 6.3%. As a result, imports attained the peak of 23 tons, and then shrank modestly in the following year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reached $165K in 2022. Overall, imports saw a mild descent.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 126 | 120 | 123 | 124 | -0.5% |
| Greece | 38.4 | 36.8 | 38.0 | 38.5 | 0.1% |
| Others | 5.1 | 9.6 | 2.0 | 2.3 | -23.3% |
| Total | 170 | 166 | 163 | 165 | -1.0% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Libya in 2022:
- United States (16.2 tons)
- Greece (6.5 tons)
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