Portugal - Essential Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEssential Oils Price in Portugal - 2023
Contents:
- Essential Oils Price in Portugal (CIF) - 2023
- Essential Oils Price in Portugal (FOB) - 2023
- Essential Oils Imports in Portugal
- Essential Oils Exports in Portugal
Essential Oils Price in Portugal (CIF) - 2023
The average essential oils import price stood at $15,086 per ton in August 2023, shrinking by -39.4% against the previous month. Overall, the import price, however, continues to indicate mild growth. The growth pace was the most rapid in June 2023 when the average import price increased by 83% against the previous month. Over the period under review, average import prices attained the peak figure at $24,908 per ton in July 2023, and then plummeted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($23,357 per ton), while the price for France ($4,925 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Essential Oils Price in Portugal (FOB) - 2023
The average essential oils export price stood at $19,758 per ton in August 2023, growing by 12% against the previous month. In general, the export price showed resilient growth. The pace of growth was the most pronounced in October 2022 an increase of 186% month-to-month. Over the period under review, the average export prices hit record highs at $41,699 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Spain ($19,763 per ton), while the average price for exports to the Netherlands amounted to $15,151 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Essential Oils Imports in Portugal
Essential oils imports into Portugal surged to 603 tons in 2022, picking up by 277% against the previous year's figure. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, essential oils imports soared to $7.8M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Essential Oils in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 49.3 | 448 | 210 | 3,050 | 295.5% |
United States | 510 | 361 | 511 | 1,301 | 36.6% |
Germany | 182 | 37.7 | 405 | 977 | 75.1% |
Spain | 538 | 1,065 | 553 | 709 | 9.6% |
Brazil | 123 | N/A | 190 | 696 | 78.2% |
Ireland | 0.4 | N/A | 34.3 | 442 | 933.8% |
Netherlands | 153 | 19.8 | 85.0 | 233 | 15.1% |
France | 126 | 106 | 62.3 | 205 | 17.6% |
Others | 276 | 452 | 155 | 189 | -11.9% |
Total | 1,958 | 2,489 | 2,206 | 7,801 | 58.5% |
Top Suppliers of Essential Oils to Portugal in 2022:
- Italy (326.2 tons)
- United States (85.7 tons)
- Spain (49.5 tons)
- Germany (42.1 tons)
- Brazil (38.2 tons)
- Ireland (29.4 tons)
- Netherlands (14.9 tons)
- France (12.7 tons)
Essential Oils Exports in Portugal
In 2022, the amount of essential oils exported from Portugal surged to 105 tons, increasing by 415% against the year before. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, essential oils exports skyrocketed to $849K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Essential Oils in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.1 | N/A | N/A | 476 | 1582.2% |
Belgium | 35.1 | 40.6 | 72.5 | 105 | 44.1% |
France | 67.6 | 215 | 135 | 95.6 | 12.2% |
Angola | 56.5 | 18.5 | 123 | 47.0 | -6.0% |
Spain | 77.7 | N/A | 38.6 | 24.1 | -32.3% |
Others | 35.7 | 44.0 | 71.8 | 100 | 41.0% |
Total | 273 | 318 | 441 | 849 | 46.0% |
Top Export Markets for Essential Oils from Portugal in 2022:
- Netherlands (88.2 tons)
- Belgium (4.5 tons)
- France (3.5 tons)
- Angola (2.7 tons)
- Spain (1.6 tons)
This report provides an in-depth analysis of the essential oils market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20531020 - Essential oils
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the essential oils market in Portugal.
This report provides an in-depth analysis of the resinoids market in Portugal.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the essential oils market in Portugal.
This report provides an in-depth analysis of the resinoids market in Portugal.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the global resinoids market.
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...