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

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $11,229 per ton, shrinking by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. Over the period under review, average import prices attained the maximum at $12,043 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Ireland ($40,774 per ton), while the price for Brazil ($7,564 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+9.7%), 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 Chile (FOB) - 2022

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $35,436 per ton in 2022, flattening at the previous year. Overall, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 45%. The export price peaked at $107,081 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +10.7% per year.

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

In 2022, approx. 145 tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were imported into Chile; rising by 57% against the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $1.6M in 2022. Over the period under review, imports recorded a buoyant expansion. 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 Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States55237364074410.5%
Brazil27923129760429.4%
ItalyN/A40.8N/A10560.4%
China5.69.52.451.2109.1%
Spain27.527.741.247.620.1%
Germany56.742.611.2N/A-55.6%
Others93.487.910781.6-4.4%
Total1,0148131,0981,63317.2%

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

  1. Brazil (79.9 tons)
  2. United States (47.4 tons)
  3. Italy (6.7 tons)
  4. China (5.9 tons)
  5. Spain (3.7 tons)

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

In 2022, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from Chile totaled 298 kg, remaining constant against the previous year. In general, exports faced a precipitous descent. The smallest decline of -76.7% was in 2020.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses totaled $11K in 2022. Overall, exports recorded a deep setback. The smallest decline of -70.7% was in 2020.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BoliviaN/AN/AN/A10.60%
Peru14.84.4N/AN/A-70.3%
Others0.3N/AN/AN/A0%
Total15.14.4N/A10.6-11.1%

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

  1. Bolivia (298.0 kg)

Source: IndexBox Market Intelligence Platform

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