Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Nepal - 2022

Contents:

  1. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Nepal (CIF) - 2022
  2. Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Nepal

Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Nepal (CIF) - 2022

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $14,303 per ton, with an increase of 5.4% against the previous year. In general, the import price posted a strong expansion. The growth pace was the most rapid in 2019 an increase of 116% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($20,000 per ton), while the price for India stood at $14,125 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.5%), 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 Nepal

Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Nepal contracted notably to 33 kg in 2022, waning by -81.4% compared with the year before. In general, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses shrank remarkably to $472 in 2022. Over the period under review, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5595411,444452-6.8%
China10030.052.020.0-41.5%
United Kingdom70.0N/AN/AN/A0%
United States2,257686754N/A-42.2%
Others48.015.0151N/A77.4%
Total3,0341,2722,401472-46.2%

Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Nepal in 2022:

  1. India (32.0 kg)
  2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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