Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $14,460 per ton in 2022, with an increase of 35% against the previous year. In general, the import price showed a prominent expansion. The growth pace was the most rapid in 2017 an increase of 46%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Germany ($32,306 per ton), while the price for Mexico ($9,816 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), 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 Argentina (FOB) - 2022
In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $7,489 per ton, which is down by -21.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,616 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($9,263 per ton), while the average price for exports to Brazil ($4,491 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 Italy (+16.4%), 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 Argentina
In 2022, overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses decreased by -6.6% to 431 tons, falling for the second consecutive year after two years of growth. In general, imports saw a noticeable shrinkage. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, imports attained the peak of 532 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $6.2M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained 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 Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,283 | 2,632 | 2,344 | 2,555 | 3.8% |
| United States | 1,405 | 1,450 | 1,348 | 1,887 | 10.3% |
| Mexico | 627 | 279 | 519 | 913 | 13.3% |
| Germany | 75.5 | 111 | 109 | 219 | 42.6% |
| Italy | 127 | 147 | 124 | 177 | 11.7% |
| Others | 539 | 573 | 520 | 487 | -3.3% |
| Total | 5,056 | 5,193 | 4,965 | 6,238 | 7.3% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Argentina in 2022:
- Brazil (237.9 tons)
- Mexico (93.0 tons)
- United States (76.6 tons)
- Italy (8.0 tons)
- Germany (6.8 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Argentina
In 2022, after two years of decline, there was significant growth in shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume increased by 205,593% to 453 tons. Over the period under review, exports saw a strong 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 $3.4M in 2022. Overall, exports posted prominent 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 Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,697 | 1,471 | N/A | 2,157 | 8.3% |
| Netherlands | 332 | 286 | N/A | 830 | 35.7% |
| Italy | N/A | N/A | N/A | 328 | 0% |
| Brazil | 561 | 94.4 | N/A | 73.3 | -49.3% |
| Canada | N/A | 104 | N/A | N/A | 0% |
| Others | 51.1 | N/A | 2.1 | N/A | -79.7% |
| Total | 2,641 | 1,955 | 2.1 | 3,389 | 8.7% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Argentina in 2022:
- United States (241.4 tons)
- Netherlands (159.3 tons)
- Italy (35.5 tons)
- Brazil (16.3 tons)
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