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

Contents:

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

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

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $9,203 per ton in 2022, with a decrease of -49.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 165% against the previous year. The export price peaked at $18,204 per ton in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($47,712 per ton), while the average price for exports to the United States ($2,227 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 Kuwait (+27.0%), while the prices for the other major destinations experienced a decline.

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $13,744 per ton in 2022, picking up by 5.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 30%. As a result, import price attained the peak level of $14,418 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Africa ($13,550 per ton) and Brazil ($13,550 per ton), while the price for the UK ($13,531 per ton) and the United States ($13,549 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+5.8%), 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 Egypt

In 2022, approx. 299 tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were exported from Egypt; surging by 416% against the year before. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 3,919% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $2.8M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 4,702% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Netherlands (140.3 tons)
2. Germany (133.3 tons)
3. India (17.8 tons)
4. Jordan (3.6 tons)
5. United States (1.8 tons)

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

In 2022, purchases abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -33.4% to 43 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 176%. As a result, imports reached the peak of 164 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined rapidly to $585K in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 185% against the previous year. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. United States (10.8 tons)
2. Netherlands (10.4 tons)
3. Brazil (10.1 tons)
4. Germany (8.3 tons)
5. South Africa (1.2 tons)
6. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform