Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (CIF) - 2022
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (FOB) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait
- Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (CIF) - 2022
In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $17,096 per ton, approximately mirroring the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 61% against the previous year. The import price peaked at $17,342 per ton in 2012; however, from 2013 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 Switzerland ($32,068 per ton), while the price for Singapore ($1,700 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+45.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (FOB) - 2022
In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $26,167 per ton, rising by 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 217% against the previous year. As a result, the export price reached the peak level of $75,633 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +2.6% per year.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait
In 2022, approx. 722 kg of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were imported into Kuwait; shrinking by -9.2% against 2021. In general, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 4.7% against the previous year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses reduced to $12K in 2022. Overall, imports showed a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 19%.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 9.3 | 5.6 | 6.4 | 5.7 | -15.1% |
| Turkey | 4.5 | 2.3 | 3.1 | 3.3 | -9.8% |
| France | 3.5 | 2.1 | 2.4 | 2.2 | -14.3% |
| United States | 6.3 | 0.6 | 0.6 | 0.6 | -54.3% |
| Egypt | 0.9 | 0.2 | 0.2 | 0.2 | -39.4% |
| Spain | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 1.1 | 0.3 | 0.2 | N/A | -57.4% |
| Singapore | 0.3 | N/A | N/A | N/A | 0% |
| Others | 2.8 | 0.3 | 0.4 | 0.3 | -52.5% |
| Total | 28.5 | 11.3 | 13.4 | 12.3 | -24.4% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Kuwait in 2022:
- Turkey (241.0 kg)
- Switzerland (177.0 kg)
- France (147.0 kg)
- United States (58.0 kg)
- Spain (25.0 kg)
- Singapore (20.0 kg)
- Egypt (16.0 kg)
- United Kingdom (6.0 kg)
Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait
In 2022, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from Kuwait declined dramatically to 6 kg, with a decrease of -33.3% on 2021 figures. In general, exports faced a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 80%.
In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses dropped sharply to $157 in 2022. Overall, exports recorded a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 99% against the previous year.
| Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 309 | 18.0 | 76.0 | 62.0 | -41.5% |
| France | N/A | 37.0 | N/A | N/A | 0% |
| Canada | N/A | 12.0 | N/A | N/A | 0% |
| Others | N/A | 38.0 | 133 | 95.0 | 58.1% |
| Total | 309 | 105 | 209 | 157 | -20.2% |
Top Export Markets for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes from Kuwait in 2022:
- Netherlands (2.0 kg)
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