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

Contents:

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

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

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $11,474 per ton in 2022, jumping by 30% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $14,329 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($11,485 per ton), while the average price for exports to Belarus amounted to $9,026 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $12,224 per ton, falling by -2.5% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 61% against the previous year. The import price peaked at $22,285 per ton in 2012; however, from 2013 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 Germany ($16,255 per ton), while the price for Spain ($10,296 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume increased by 211% to 22 tons. In general, exports saw a resilient 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 soared to $248K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia70.070.952.023549.7%
Belarus2.43.75.09.055.4%
Uzbekistan42.1N/AN/AN/A0%
Others6.914.84.34.1-15.9%
Total12189.461.324827.0%

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

  1. Russia (20.5 tons)
  2. Belarus (1.0 tons)

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

Imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Lithuania surged to 20 tons in 2022, jumping by 194% compared with 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $244K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain69.348.929.914227.0%
Germany10.46.82.480.998.1%
Latvia9.69.316.78.2-5.1%
Russia5.96.57.32.3-26.9%
Others4.036.229.110.839.2%
Total99.210885.324435.0%

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

  1. Spain (13.8 tons)
  2. Germany (5.0 tons)
  3. Latvia (0.6 tons)
  4. Russia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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