Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Pakistan - 2023

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $8,995 per ton, declining by -10.1% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 -23.9% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 62%. As a result, import price attained the peak level of $11,821 per ton. From 2018 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 countries with the highest prices were the UK ($11,000 per ton) and Italy ($9,675 per ton), while the price for Brazil ($8,455 per ton) and the United States ($8,804 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), 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 Pakistan (FOB) - 2022

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $3,577 per ton in 2022, falling by -85% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2013 an increase of 27% against the previous year. The export price peaked at $46,555 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +20.9% per year.

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

In 2022, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Pakistan skyrocketed to 112 tons, rising by 21% against 2021 figures. Over the period under review, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 42%.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses expanded sharply to $1M in 2022. Overall, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 32%.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland649110353499-8.4%
Brazil265177142202-8.7%
United States366128128192-19.3%
United Kingdom19498.549.634.4-43.8%
Germany21.426.213.927.18.2%
Italy31.822.723.424.2-8.7%
Spain48.51.160.417.3-29.1%
Others1381361579.0-59.7%
Total1,7147009261,005-16.3%

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

  1. Ireland (54.5 tons)
  2. Brazil (23.8 tons)
  3. United States (21.9 tons)
  4. United Kingdom (3.1 tons)
  5. Germany (2.9 tons)
  6. Italy (2.5 tons)
  7. Spain (1.9 tons)

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

After two years of decline, overseas shipments of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 86% to 2.8 tons in 2022. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined dramatically to $9.9K in 2022. Over the period under review, exports, however, faced a sharp decrease. The smallest decline of -13.9% was in 2020.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TunisiaN/AN/A9.99.90.0%
Netherlands27.037.421.7N/A-10.4%
France21.74.43.5N/A-59.8%
Others0.60.60.5N/A-8.7%
Total49.442.535.69.9-41.5%

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

  1. Tunisia (2.8 tons)

Source: IndexBox Market Intelligence Platform

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