Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in New Zealand - 2024

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $23,619 per ton, rising by 36% against the previous year. Overall, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2014 when the average import price increased by 61% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($110,106 per ton), while the price for India ($10,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.8%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $53,194 per ton, growing by 50% against the previous year. In general, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 138%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($96,818 per ton), while the average price for exports to Fiji amounted to $29,200 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+15.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into New Zealand dropped notably to 21 tons, which is down by -48.5% against 2021. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of 40 tons, and then shrank significantly in the following year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses contracted dramatically to $490K in 2022. Overall, imports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2021 when imports increased by 143% against the previous year. As a result, imports reached the peak of $697K, and then declined markedly in the following year.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia10690.913921927.4%
United States218104352111-20.1%
United Kingdom50.645.867.156.23.6%
Brazil35.919.048.439.02.8%
India13.812.812.611.2-6.7%
ItalyN/AN/A19.4N/A0%
Others30.214.558.453.821.2%
Total4552876974902.5%

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

  1. Australia (10.8 tons)
  2. United States (5.0 tons)
  3. Brazil (2.8 tons)
  4. India (1.0 tons)
  5. United Kingdom (0.5 tons)

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

In 2022, shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -77% to 31 kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 680% against the previous year. As a result, the exports attained the peak of 1.9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses dropped significantly to $1.6K in 2022. Over the period under review, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 573%. As a result, the exports reached the peak of $56K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2.754.74.11.1-25.9%
Fiji5.71.70.20.6-52.8%
New CaledoniaN/AN/A0.2N/A0%
OthersN/AN/A0.3N/A0%
Total8.456.54.81.6-42.5%

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

  1. Fiji (20.0 kg)
  2. Australia (11.0 kg)

Source: IndexBox Market Intelligence Platform

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