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

Contents:

  1. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Paraguay (FOB) - 2024
  2. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Paraguay (CIF) - 2022
  3. Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Paraguay
  4. Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Paraguay

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

In January 2024, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $65,521 per ton, leveling off at the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 168% against the previous month. Over the period under review, the average export prices reached the peak figure at $73,021 per ton in June 2023; however, from July 2023 to January 2024, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In January 2024, the countries with the highest prices were Argentina ($66,600 per ton) and Brazil ($66,600 per ton), while the average price for exports to Spain ($65,041 per ton) and India ($65,283 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $9,755 per ton, which is down by -4.3% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 452% against the previous year. As a result, import price attained the peak level of $41,282 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($51,000 per ton), while the price for Brazil ($9,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -24% to 186 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 284 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $9.6M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 5%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.01.81.92.34.8%
United States1.61.41.11.84.0%
Germany0.70.71.11.219.7%
Spain1.82.02.31.2-12.6%
Switzerland0.50.50.50.711.9%
United Kingdom0.60.50.70.5-5.9%
Netherlands0.20.40.50.426.0%
Others1.51.61.51.50.0%
Total8.99.09.49.62.6%

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

  1. United States (53.3 tons)
  2. France (33.4 tons)
  3. Germany (22.9 tons)
  4. Spain (19.1 tons)
  5. Netherlands (13.5 tons)
  6. Switzerland (11.7 tons)
  7. United Kingdom (7.6 tons)

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

After two years of decline, purchases abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 55% to 1.2 tons in 2022. Over the period under review, imports, however, recorded a dramatic setback.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $12K in 2022. In general, imports, however, saw a dramatic descent.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil38.76.95.78.4-39.9%
Spain5.62.90.93.5-14.5%
Others0.10.11.50.10.0%
Total44.49.88.112.0-35.3%

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

  1. Brazil (868.0 kg)
  2. Spain (362.0 kg)

Source: IndexBox Market Intelligence Platform

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