Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $14,236 per ton in 2022, rising by 58% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($36,564 per ton), while the price for India ($6,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+98.7%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $8,000 per ton, reducing by -83.1% against the previous year. Over the period under review, the export price saw a pronounced setback. The pace of growth appeared the most rapid in 2015 an increase of 307% against the previous year. The export price peaked at $47,330 per ton in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($10,500 per ton), while the average price for exports to New Zealand ($6,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka
Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Sri Lanka soared to 8.4 tons in 2022, with an increase of 204% on 2021. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses surged to $119K in 2022. In general, imports enjoyed a pronounced increase.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.5 | 79.7 | 9.1 | 32.9 | 2.6% |
| Brazil | 1.7 | 2.5 | 0.8 | 32.4 | 167.1% |
| United Kingdom | 23.1 | 19.8 | 2.4 | 19.9 | -4.8% |
| Spain | 0.1 | 0.2 | 2.5 | 19.3 | 477.9% |
| India | 10.6 | 11.9 | 2.8 | 7.3 | -11.7% |
| United States | 2.5 | 3.3 | 0.9 | 3.7 | 14.0% |
| Italy | 1.1 | 1.6 | 0.7 | 3.7 | 49.8% |
| South Africa | 6.5 | 7.8 | 5.4 | N/A | -8.9% |
| Others | 27.5 | 25.3 | 0.2 | N/A | -91.5% |
| Total | 104 | 152 | 24.8 | 119 | 4.6% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Sri Lanka in 2022:
- Brazil (3.1 tons)
- United Kingdom (1.8 tons)
- India (1.1 tons)
- Spain (1.1 tons)
- Germany (0.9 tons)
- United States (0.2 tons)
- Italy (0.2 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka
After three years of growth, overseas shipments of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -41.5% to 55 kg in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 193%.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell rapidly to $440 in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 181% against the previous year. As a result, the exports attained the peak of $4.4K, and then reduced dramatically in the following year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 11.0 | 239 | 2072.7% |
| Maldives | 43.0 | 131 | 36.0 | 126 | 43.1% |
| New Zealand | N/A | N/A | N/A | 75.0 | 0% |
| Canada | 436 | 650 | 941 | N/A | 46.9% |
| France | 262 | 397 | 477 | N/A | 34.9% |
| Costa Rica | N/A | N/A | 211 | N/A | 0% |
| Singapore | 9.0 | 1.0 | 1,579 | N/A | 1224.6% |
| Oman | N/A | 116 | N/A | N/A | 0% |
| Egypt | N/A | N/A | 404 | N/A | 0% |
| South Africa | 3.0 | 17.0 | 48.0 | N/A | 300.0% |
| Taiwan (Chinese) | 24.0 | 55.0 | 80.0 | N/A | 82.6% |
| Pakistan | 3.0 | 12.0 | 26.0 | N/A | 194.4% |
| Brazil | N/A | N/A | 178 | N/A | 0% |
| Others | 52.0 | 203 | 458 | N/A | 196.8% |
| Total | 832 | 1,582 | 4,449 | 440 | -19.1% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Sri Lanka in 2022:
- South Korea (32.0 kg)
- Maldives (12.0 kg)
- New Zealand (11.0 kg)
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