Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala (CIF) - 2022
In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $10,033 per ton, waning by -4.5% against the previous year. Over the period under review, the import price, however, posted moderate growth. The pace of growth was the most pronounced in 2016 an increase of 61%. The import price peaked at $12,959 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Mexico ($33,920 per ton), while the price for Brazil ($2,319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.8%), 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 Guatemala (FOB) - 2022
In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $3,802 per ton, falling by -9.5% against the previous year. Overall, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 45% against the previous year. As a result, the export price reached the peak level of $5,688 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($10,835 per ton), while the average price for exports to Costa Rica ($2,793 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 Honduras (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala
After two years of decline, overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 112% to 40 tons in 2022. In general, imports posted resilient growth. As a result, imports attained 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 $404K in 2022. Over the period under review, imports posted 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 Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 105 | 46.9 | 59.3 | 116 | 3.4% |
| Canada | N/A | N/A | N/A | 65.5 | 0% |
| Germany | 30.6 | 11.7 | 18.1 | 47.9 | 16.1% |
| United Kingdom | 34.6 | 68.8 | 14.0 | 44.9 | 9.1% |
| Brazil | 0.4 | N/A | 5.9 | 35.7 | 346.9% |
| Spain | 43.2 | 30.2 | 27.2 | 35.1 | -6.7% |
| China | N/A | N/A | 2.1 | 32.5 | 1447.6% |
| United States | 48.1 | 68.7 | 70.1 | 22.2 | -22.7% |
| Others | 6.7 | 4.8 | 3.3 | 3.4 | -20.2% |
| Total | 268 | 231 | 200 | 404 | 14.7% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Guatemala in 2022:
- Brazil (15.4 tons)
- Germany (5.0 tons)
- Canada (4.8 tons)
- Mexico (3.4 tons)
- Spain (3.2 tons)
- China (2.9 tons)
- United States (2.6 tons)
- United Kingdom (2.0 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala
Exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from Guatemala surged to 7.4 tons in 2022, increasing by 57% compared with the year before. In general, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $28K in 2022. Overall, exports, however, showed a slight downturn.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 18.2 | 18.0 | 14.2 | 17.7 | -0.9% |
| Honduras | 10.9 | 1.3 | 5.0 | 7.6 | -11.3% |
| El Salvador | N/A | 0.3 | 0.2 | 1.5 | 123.6% |
| Others | N/A | 0.3 | 0.3 | 1.3 | 108.2% |
| Total | 29.1 | 19.8 | 19.8 | 28.1 | -1.2% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Guatemala in 2022:
- Costa Rica (6.3 tons)
- Honduras (0.7 tons)
- El Salvador (0.3 tons)
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