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

Contents:

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

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

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $14,169 per ton, dropping by -51.8% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. As a result, the export price reached the peak level of $47,561 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($22,753 per ton), while the average price for exports to Germany ($6,233 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 Argentina (+7.3%), 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 Uruguay (CIF) - 2022

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $18,472 per ton, increasing by 32% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2014 when the average import price increased by 115% against the previous year. As a result, import price reached the peak level of $23,636 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Chile ($30,592 per ton), while the price for Brazil ($14,131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were finally on the rise to reach 31 tons after two years of decline. In general, exports saw a significant 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 soared to $435K in 2022. Over the period under review, exports continue to indicate a resilient 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States118N/A26.617714.5%
Free ZonesN/A137N/A1649.4%
Germany36.8N/AN/A93.136.3%
SpainN/A68.2N/AN/A0%
Bangladesh90.9N/AN/AN/A0%
Netherlands36.856.169.3N/A37.2%
Others3.4N/AN/AN/A0%
Total28626195.943515.0%

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

  1. Germany (14.9 tons)
  2. Free Zones (7.9 tons)
  3. United States (7.8 tons)

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

In 2022, approx. 3.3 tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were imported into Uruguay; with a decrease of -95.4% compared with 2021. In general, imports faced a precipitous decline. The smallest decline of -2.3% was in 2020.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell markedly to $61K in 2022. Over the period under review, imports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 3.3% against the previous year. As a result, imports attained the peak of $1M, and then dropped remarkably in the following year.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina22.7N/AN/A30.09.7%
ChileN/AN/AN/A24.70%
Brazil15.927526.25.6-29.4%
United Kingdom12149.964.6N/A-26.9%
United States673625845N/A12.1%
Others12624.970.51.1-79.4%
Total9599741,00661.3-60.0%

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

  1. Argentina (2100.0 kg)
  2. Chile (806.0 kg)
  3. Brazil (397.0 kg)
  4. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform

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