Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark - 2023

Contents:

  1. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark (CIF) - 2023
  2. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark (FOB) - 2022
  3. Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark
  4. Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark

Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark (CIF) - 2023

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $13,575 per ton in November 2023, reducing by -28.2% against the previous month. Over the period under review, the import price showed a perceptible reduction. The pace of growth was the most pronounced in December 2022 an increase of 244% m-o-m. As a result, import price attained the peak level of $84,713 per ton. From January 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($111K per ton), while the price for the UK ($13,042 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $30,194 per ton, rising by 148% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The export price peaked at $65,689 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($99,148 per ton), while the average price for exports to the UK ($6,493 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 Iceland (+3.5%), while the prices for the other major destinations experienced a decline.

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

For the third consecutive year, Denmark recorded decline in supplies from abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, which decreased by -31% to 172 tons in 2022. In general, imports showed a abrupt shrinkage. The smallest decline of -3.9% was in 2021.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses expanded sharply to $1.6M in 2022. Over the period under review, imports recorded a abrupt decline.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1936515901,05976.4%
Brazil1,545589653346-39.3%
Germany94.870.011297.40.9%
Netherlands5.818.511.424.962.5%
Others43.456.870.240.6-2.2%
Total1,8821,3851,4361,568-5.9%

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

  1. Brazil (86.4 tons)
  2. United Kingdom (73.3 tons)
  3. Germany (7.8 tons)
  4. Netherlands (2.9 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -59.3% to 5 tons. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 267% against the previous year. As a result, the exports attained the peak of 12 tons, and then declined rapidly in the following year.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $150K in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 122%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland16.830.841.893.177.0%
Norway13.528.621.626.625.4%
Sweden2.311.42.418.8101.4%
IcelandN/AN/A0.64.5650.0%
United KingdomN/AN/A70.01.7-97.6%
Poland6.46.96.40.9-48.0%
GermanyN/A10.9N/AN/A0%
Others4.17.16.04.96.1%
Total43.195.714915051.5%

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

  1. Norway (3079.0 kg)
  2. Finland (939.0 kg)
  3. Sweden (384.0 kg)
  4. United Kingdom (268.0 kg)
  5. Iceland (98.0 kg)
  6. Poland (61.0 kg)

Source: IndexBox Market Intelligence Platform

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