Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary - 2023
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary (CIF) - 2022
In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $13,004 per ton, with a decrease of -28.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 72%. As a result, import price reached the peak level of $33,913 per ton. From 2021 to 2022, the average 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 France ($103,692 per ton), while the price for China ($4,499 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), 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 Hungary (FOB) - 2022
In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $11,524 per ton, falling by -30.1% against the previous year. Overall, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2019 an increase of 124% against the previous year. As a result, the export price attained the peak level of $40,920 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
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 the Czech Republic ($14,290 per ton), while the average price for exports to the UK ($2,500 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 the Czech Republic (+39.4%), 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 Hungary
Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Hungary declined sharply to 19 tons in 2022, shrinking by -28.7% compared with the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports reached the peak of 27 tons, and then plummeted in the following year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined notably to $246K in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports reached the peak of $523K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 145 | 107 | 176 | 167 | 4.8% |
| China | 2.8 | 0.4 | 9.6 | 17.9 | 85.6% |
| Italy | 12.3 | 10.6 | 70.0 | 11.4 | -2.5% |
| Spain | 0.8 | 3.9 | 13.0 | 10.1 | 132.9% |
| Netherlands | 95.8 | 8.7 | 4.4 | 9.7 | -53.4% |
| Poland | 54.1 | 375 | 191 | 9.0 | -45.0% |
| Romania | 41.9 | N/A | N/A | 0.4 | -78.8% |
| Others | 28.2 | 17.5 | 17.0 | 20.9 | -9.5% |
| Total | 381 | 523 | 482 | 246 | -13.6% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Hungary in 2022:
- Germany (11.5 tons)
- China (4.0 tons)
- Netherlands (1.1 tons)
- Spain (1.1 tons)
- Italy (0.8 tons)
- Poland (0.2 tons)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary
In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses exported from Hungary skyrocketed to 7.1 tons, jumping by 42% compared with 2021 figures. Overall, exports, however, continue to indicate a abrupt curtailment.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell slightly to $82K in 2022. Over the period under review, exports, however, recorded a precipitous contraction.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.3 | N/A | 0.6 | 33.4 | 195.1% |
| Bulgaria | 21.4 | 27.2 | 22.1 | 20.1 | -2.1% |
| Croatia | 13.0 | 7.7 | 7.3 | 8.1 | -14.6% |
| Slovakia | 1.5 | 9.0 | 21.2 | 3.9 | 37.5% |
| Slovenia | 6.1 | 1.9 | 2.4 | 3.0 | -21.1% |
| Czech Republic | N/A | N/A | 2.6 | 2.5 | -3.8% |
| Romania | 2.6 | 4.3 | 0.8 | 2.1 | -6.9% |
| Greece | N/A | N/A | N/A | 1.1 | 0% |
| Germany | 67.6 | 57.1 | 11.3 | N/A | -59.1% |
| United Kingdom | 338 | N/A | N/A | N/A | 0% |
| Others | 11.1 | 10.2 | 13.9 | 7.5 | -12.3% |
| Total | 462 | 117 | 82.3 | 81.7 | -43.9% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Hungary in 2022:
- France (3210.0 kg)
- Bulgaria (1495.0 kg)
- Croatia (875.0 kg)
- Slovakia (353.0 kg)
- Slovenia (312.0 kg)
- Greece (181.0 kg)
- Czech Republic (176.0 kg)
- Romania (175.0 kg)
- United Kingdom (4.0 kg)
- Germany (1.0 kg)
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