Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia (FOB) - 2023
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia (CIF) - 2022
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia (FOB) - 2023
The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $126K per ton in November 2023, growing by 14% against the previous month. Overall, the export price posted a resilient expansion. The most prominent rate of growth was recorded in January 2023 an increase of 161% month-to-month. Over the period under review, the average export prices attained the maximum at $143K per ton in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Poland ($179K per ton), while the average price for exports to the Netherlands ($21,700 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia (CIF) - 2022
The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $15,630 per ton in 2022, waning by -64.7% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 105% against the previous year. As a result, import price reached the peak level of $44,247 per ton, and then declined markedly in the following year.
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 the Netherlands ($118,616 per ton), while the price for Italy ($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 the Netherlands (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia
In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses exported from Croatia rose remarkably to 26 tons, picking up by 11% against the previous year's figure. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 190%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses shrank notably to $1.7M in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 200%. As a result, the exports reached the peak of $3.3M, and then reduced remarkably in the following year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 485 | 504 | 891 | 739 | 15.1% |
| Netherlands | N/A | 210 | 1,810 | 438 | 44.4% |
| Romania | 133 | 129 | 209 | 199 | 14.4% |
| Lithuania | 68.0 | 58.8 | 77.2 | 76.9 | 4.2% |
| Poland | 33.0 | 40.5 | 78.1 | 59.2 | 21.5% |
| Czech Republic | 20.1 | 25.7 | 35.9 | 43.6 | 29.4% |
| Hungary | 9.7 | 20.1 | 50.8 | 39.6 | 59.8% |
| Others | 39.6 | 102 | 113 | 62.3 | 16.3% |
| Total | 789 | 1,089 | 3,266 | 1,658 | 28.1% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Croatia in 2022:
- Austria (11.6 tons)
- Netherlands (6.9 tons)
- Romania (2.7 tons)
- Lithuania (1.2 tons)
- Poland (0.9 tons)
- Czech Republic (0.7 tons)
- Hungary (0.6 tons)
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia
For the third year in a row, Croatia recorded decline in overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, which decreased by -63.9% to 8.3 tons in 2022. In general, imports faced a sharp slump. The smallest decline of -1.4% was in 2021.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined significantly to $130K in 2022. Over the period under review, imports recorded a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,052 | 429 | 887 | 45.4 | -64.9% |
| Spain | 36.7 | 22.9 | 38.9 | 22.8 | -14.7% |
| Germany | 22.9 | 20.9 | 37.1 | 15.8 | -11.6% |
| Hungary | 20.9 | 9.5 | 11.5 | 12.9 | -14.9% |
| South Africa | N/A | N/A | 15.7 | 7.5 | -52.2% |
| Mexico | N/A | N/A | N/A | 5.8 | 0% |
| Slovenia | 182 | 5.8 | 7.1 | 5.3 | -69.2% |
| Italy | N/A | 0.7 | 5.5 | 3.9 | 136.0% |
| Austria | 3.2 | 3.1 | 2.5 | 3.7 | 5.0% |
| United States | 0.4 | 8.6 | N/A | N/A | 2050.0% |
| Others | 6.5 | 5.0 | 17.8 | 7.2 | 3.5% |
| Total | 1,325 | 505 | 1,024 | 130 | -53.9% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Croatia in 2022:
- Spain (2967.0 kg)
- Hungary (1306.0 kg)
- Germany (1035.0 kg)
- South Africa (848.0 kg)
- Mexico (638.0 kg)
- Italy (518.0 kg)
- Netherlands (383.0 kg)
- Austria (220.0 kg)
- Slovenia (154.0 kg)
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