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

Contents:

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

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $10,127 per ton in 2022, reducing by -17.4% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of 78% against the previous year. The import price peaked at $21,301 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($25,942 per ton), while the price for the UK ($7,062 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Iraq contracted remarkably to 11 tons, which is down by -18.2% compared with 2021 figures. In general, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell significantly to $112K in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 185%.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A14.4N/A56.097.2%
United Arab Emirates11434.911340.5-29.2%
Turkey35.96.56.34.0-51.9%
Spain25.9N/AN/AN/A0%
Others26.02.646.911.9-22.9%
Total20258.4166112-17.8%

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

  1. United Kingdom (7.9 tons)
  2. United Arab Emirates (2.9 tons)
  3. Turkey (0.2 tons)

Source: IndexBox Market Intelligence Platform

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