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

Contents:

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

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $9,246 per ton in 2022, increasing by 4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 40%. Over the period under review, average import prices hit record highs at $17,144 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($14,521 per ton), while the price for Spain ($4,620 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $25,667 per ton, with an increase of 2.7% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by +2.0% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 49% against the previous year. As a result, the export price attained the peak level of $29,848 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +3.4% per year.

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

Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Bangladesh shrank notably to 62 tons in 2022, falling by -43.3% compared with 2021 figures. Overall, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 629% against the previous year. As a result, imports reached the peak of 109 tons, and then dropped remarkably in the following year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined dramatically to $574K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 454% against the previous year. As a result, imports attained the peak of $972K, and then fell significantly in the following year.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12719.23611587.6%
Singapore82.015.623414520.9%
Brazil51.849.119575.813.5%
Spain16.08.421.210.6-12.8%
India27.515.943.84.1-47.0%
Uruguay85.5N/AN/AN/A0%
Others19167.3117181-1.8%
Total581175972574-0.4%

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

  1. Germany (20.0 tons)
  2. Singapore (13.6 tons)
  3. Brazil (11.1 tons)
  4. Spain (2.3 tons)
  5. India (0.3 tons)

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

After two years of decline, shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 50% to 6 kg in 2022. In general, exports, however, showed a precipitous shrinkage.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $154 in 2022. Overall, exports, however, showed a sharp decrease.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina9.0209100154157.7%
United Arab Emirates293N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total302209100154-20.1%

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

  1. Bosnia and Herzegovina (6.0 kg)

Source: IndexBox Market Intelligence Platform

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