Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $10,397 per ton in 2022, growing by 8.4% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 -23.1% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of 63%. Over the period under review, average import prices reached the maximum at $13,520 per ton in 2017; however, from 2018 to 2022, 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 Spain ($16,519 per ton), while the price for the United States ($7,305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (FOB) - 2022
The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $40,966 per ton in 2022, standing approx. at the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2016 when the average export price increased by 63%. The export price peaked at $69,155 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($60,778 per ton), while the average price for exports to Haiti stood at $10,831 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.6%).
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into the Dominican Republic shrank markedly to 4.7 tons in 2022, which is down by -40.4% against the previous year's figure. In general, imports showed a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 1,016% against the previous year. As a result, imports attained the peak of 7.9 tons, and then shrank markedly in the following year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell remarkably to $49K in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 807% against the previous year. As a result, imports attained the peak of $76K, and then fell sharply in the following year.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.0 | 3.5 | 4.1 | 22.5 | 124.1% |
| United States | 58.5 | 3.7 | 61.1 | 19.4 | -30.8% |
| China | N/A | N/A | N/A | 7.2 | 0% |
| Germany | N/A | 0.8 | 10.3 | N/A | 1187.5% |
| Others | 0.5 | 0.5 | 0.7 | 0.2 | -26.3% |
| Total | 61.0 | 8.4 | 76.2 | 49.3 | -6.9% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to the Dominican Republic in 2022:
- United States (2.7 tons)
- Spain (1.4 tons)
- China (0.7 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic
In 2022, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from the Dominican Republic reduced markedly to 179 kg, which is down by -35.4% against 2021. Overall, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 177% against the previous year.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell notably to $7.3K in 2022. Over the period under review, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 255% against the previous year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 214 | 0.1 | 10.1 | 6.6 | -68.6% |
| Haiti | 0.6 | 3.2 | 1.4 | 0.8 | 10.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 215 | 3.2 | 11.4 | 7.3 | -67.6% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from the Dominican Republic in 2022:
- United States (108.0 kg)
- Haiti (71.0 kg)
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