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

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $10,374 per ton, increasing by 14% against the previous year. Overall, the import price enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2016 an increase of 46% against the previous year. Over the period under review, average import prices attained the peak figure at $12,007 per ton in 2019; however, from 2020 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 Switzerland ($36,512 per ton), while the price for Spain ($6,494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+16.4%), 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 Iran (FOB) - 2022

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $31,295 per ton, with an increase of 83% against the previous year. Overall, the export price posted a measured increase. The export price peaked at $39,739 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Swaziland amounted to +856.8% per year.

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

In 2022, purchases abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 37% to 45 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt descent.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $470K in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India18614675.2131-11.0%
Turkey88.362.456.792.51.6%
Spain21293.137.389.2-25.1%
United Arab Emirates10213449.383.1-6.6%
Italy15.912.15.47.5-22.2%
Germany42.96.52.83.0-58.8%
SloveniaN/A59.3N/AN/A0%
Others28812573.763.7-39.5%
Total935639300470-20.5%

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

  1. India (15.0 tons)
  2. Spain (13.7 tons)
  3. Turkey (9.1 tons)
  4. United Arab Emirates (2.4 tons)
  5. Italy (0.9 tons)
  6. Germany (0.2 tons)

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

Exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from Iran soared to 766 kg in 2022, growing by 20% compared with the previous year. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 210% against the previous year. As a result, the exports reached the peak of 932 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $24K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 429% against the previous year. As a result, the exports reached the peak of $37K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.63.61.523.853.3%
SwazilandN/A33.44.6N/A-86.2%
United Arab Emirates0.3N/AN/AN/A0%
OmanN/AN/A4.9N/A0%
Others0.1N/AN/A0.226.0%
Total7.037.010.924.050.8%

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

  1. China (763.0 kg)

Source: IndexBox Market Intelligence Platform

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