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

Contents:

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

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $16,428 per ton in 2022, picking up by 37% against the previous year. In general, the import price posted a resilient increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($16,463 per ton), while the price for the Netherlands ($5,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+13.0%), 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 Israel (FOB) - 2022

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $34,615 per ton, rising by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2021 an increase of 26%. Over the period under review, the average export prices reached the peak figure at $39,591 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($131,174 per ton), while the average price for exports to China ($12,097 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 India (+17.7%), 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 Israel

Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Israel fell markedly to 66 tons in 2022, reducing by -46% against the previous year's figure. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 131%.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses contracted rapidly to $1.1M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 129%. As a result, imports attained the peak of $1.5M, and then dropped markedly in the following year.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland30.18.5164401137.1%
Italy2.42.03.2285391.5%
Brazil28130.4568131-22.5%
United States508218110121-38.0%
Germany5.18.014966.0134.8%
United Kingdom16.714.422.133.025.5%
Spain0.75.35.531.0253.8%
Netherlands70.549.469.91.0-75.8%
Greece206129164N/A-10.8%
Others2131701958.0-66.5%
Total1,3336351,4511,077-6.9%

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

  1. Switzerland (24.4 tons)
  2. Italy (17.3 tons)
  3. Brazil (8.0 tons)
  4. United States (7.4 tons)
  5. Germany (4.0 tons)
  6. United Kingdom (2.0 tons)
  7. Spain (1.9 tons)
  8. Netherlands (0.2 tons)

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

In 2022, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from Israel soared to 17 tons, rising by 238% against the previous year's figure. Over the period under review, exports recorded a significant expansion. As a result, the exports reached 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 surged to $577K in 2022. Overall, exports enjoyed a significant increase. 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 Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.93.42.1247549.9%
United States21.87.614.217499.8%
China32.461.114.277.033.4%
India2.210.515.571.0218.4%
Russia6.531.233.7N/A127.7%
Palestine1.24.08.5N/A166.1%
PortugalN/A6.2N/AN/A0%
Others22.940.153.88.0-29.6%
Total88.016414257787.2%

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

  1. United States (7.4 tons)
  2. China (6.4 tons)
  3. Netherlands (1.9 tons)
  4. India (0.7 tons)

Source: IndexBox Market Intelligence Platform

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