Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany (CIF) - 2023
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany (FOB) - 2023
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany (CIF) - 2023
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $13,354 per ton in November 2023, with an increase of 12% against the previous month. Over the period under review, import price indicated slight growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -2.1% against September 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 184% month-to-month. Over the period under review, average import prices attained the peak figure at $16,044 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($13,708 per ton), while the price for Brazil ($9,109 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced a decline.
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany (FOB) - 2023
The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $31,421 per ton in November 2023, rising by 30% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +4.0%. The growth pace was the most rapid in December 2022 an increase of 46% m-o-m. Over the period under review, the average export prices attained the peak figure at $32,488 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($160K per ton), while the average price for exports to Italy ($8,649 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.8%), 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 Germany
In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses imported into Germany amounted to 15K tons, flattening at 2021. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $149M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 56.1 | 76.5 | 111 | 935.4% |
| Brazil | 75.6 | 14.5 | 16.6 | 23.3 | -32.5% |
| United States | 3.9 | 3.8 | 5.1 | 5.1 | 9.4% |
| Italy | 2.2 | 2.0 | 2.7 | 3.8 | 20.0% |
| Mexico | 2.6 | 1.2 | 2.0 | 1.8 | -11.5% |
| Others | 4.0 | 3.4 | 4.6 | 4.6 | 4.8% |
| Total | 88.4 | 81.1 | 107 | 149 | 19.0% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Germany in 2022:
- Netherlands (11.1K tons)
- Brazil (2.3K tons)
- Italy (0.3K tons)
- Mexico (0.2K tons)
- United States (0.2K tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Germany
In 2022, approx. 3.3K tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were exported from Germany; picking up by 5.2% on 2021. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. As a result, the exports attained the peak of 3.5K 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 soared to $73M in 2022. Over the period under review, exports showed significant growth. 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 6.3 | 10.1 | 16.1 | 38.2% |
| Ireland | 1.5 | 1.7 | 2.2 | 8.5 | 78.3% |
| China | 2.7 | 3.0 | 4.8 | 6.5 | 34.0% |
| United Kingdom | 2.9 | 2.9 | 5.2 | 6.0 | 27.4% |
| Netherlands | 2.6 | 3.3 | 3.8 | 4.8 | 22.7% |
| Italy | 1.6 | 1.3 | 2.3 | 4.1 | 36.8% |
| Japan | 2.6 | 2.4 | 2.4 | 4.1 | 16.4% |
| France | 2.7 | 2.1 | 2.0 | 3.3 | 6.9% |
| Singapore | 1.8 | 1.9 | 1.9 | 3.0 | 18.6% |
| Switzerland | 1.7 | 1.1 | 1.8 | 2.5 | 13.7% |
| Turkey | 0.6 | 1.0 | 1.6 | 1.2 | 26.0% |
| India | 0.6 | 1.0 | 1.2 | 1.2 | 26.0% |
| Russia | 0.7 | 0.6 | 0.6 | 0.9 | 8.7% |
| Others | 9.2 | 9.0 | 8.7 | 10.7 | 5.2% |
| Total | 37.2 | 37.5 | 48.5 | 73.0 | 25.2% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Germany in 2022:
- United States (687.8 tons)
- Ireland (308.5 tons)
- Italy (286.5 tons)
- United Kingdom (249.1 tons)
- Japan (238.3 tons)
- France (218.1 tons)
- China (214.4 tons)
- Switzerland (155.0 tons)
- Netherlands (128.1 tons)
- Singapore (79.6 tons)
- India (79.1 tons)
- Turkey (63.1 tons)
- Russia (59.8 tons)
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