Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Norway - 2024

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $92,312 per ton, rising by 2.9% against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 116% against the previous year. As a result, import price attained the peak level of $99,980 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 the United States ($176,149 per ton), while the price for Sweden ($28,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.0%), 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 Norway (FOB) - 2022

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $97,786 per ton in 2022, picking up by 112% against the previous year. Overall, the export price enjoyed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +25.6% per year.

Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Norway

In 2022, supplies from abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -51.1% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined markedly to $330K in 2022. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 51%.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States85.722725516524.4%
Germany7.945.896.6105136.9%
United Kingdom1.64.931.418.9127.7%
Belgium0.20.20.86.9225.5%
Italy1.42.87.66.062.4%
Denmark0.31.514.66.0171.4%
Sweden1.80.83.14.333.7%
Netherlands3.311.444.44.06.6%
Others29029720314.8-62.9%
Total392591656330-5.6%

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

  1. Germany (1350.0 kg)
  2. United States (934.0 kg)
  3. United Kingdom (416.0 kg)
  4. Denmark (207.0 kg)
  5. Italy (180.0 kg)
  6. Sweden (152.0 kg)
  7. Belgium (117.0 kg)
  8. Netherlands (100.0 kg)

Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Norway

After two years of decline, shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 400% to 70 kg in 2022. Over the period under review, exports, however, saw a dramatic slump.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $6.8K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.10.20.16.8308.2%
Germany1.10.40.3N/A-47.8%
Singapore0.4N/AN/AN/A0%
Netherlands1.80.50.1N/A-76.4%
OthersN/AN/A0.1N/A0%
Total3.41.20.66.826.0%

Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Norway in 2022:

  1. Canada (70.0 kg)

Source: IndexBox Market Intelligence Platform

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