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

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $9,203 per ton, picking up by 6.9% against the previous year. Overall, the import price enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when the average import price increased by 164% against the previous year. Over the period under review, average import prices hit record highs at $9,268 per ton in 2017; however, from 2018 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 the UK ($19,573 per ton), while the price for Ireland ($5,423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.6%), 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 Japan (FOB) - 2022

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $20,420 per ton, reducing by -54.5% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2019 an increase of 61% against the previous year. As a result, the export price reached the peak level of $64,093 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($235,362 per ton), while the average price for exports to Indonesia ($4,507 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 China (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume increased by 58% to 2.6K tons. Overall, imports, however, showed a sharp descent.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $24M in 2022. Over the period under review, imports, however, saw a significant contraction.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.911.35.59.3-16.4%
Brazil29.515.93.68.0-35.3%
Germany3.72.42.43.2-4.7%
United Kingdom1.11.01.21.715.6%
Ireland0.50.70.50.66.3%
Others1.01.01.01.13.2%
Total51.632.314.223.9-22.6%

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

  1. Brazil (1367.9 tons)
  2. United States (809.5 tons)
  3. Germany (162.9 tons)
  4. Ireland (112.5 tons)
  5. United Kingdom (89.1 tons)

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

In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses exported from Japan surged to 61 tons, picking up by 191% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports attained 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 surged to $1.2M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore37831936553312.1%
China89.713919924940.5%
Indonesia4.35.629.1200259.6%
South Korea154227118113-9.8%
Taiwan (Chinese)302263108101-30.6%
Vietnam7.313.96.37.1-0.9%
Others25.362.811642.919.2%
Total9601,0319411,2469.1%

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

  1. Indonesia (44.3 tons)
  2. China (7.0 tons)
  3. South Korea (3.2 tons)
  4. Taiwan (Chinese) (3.1 tons)
  5. Singapore (2.3 tons)
  6. Vietnam (0.8 tons)

Source: IndexBox Market Intelligence Platform

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