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

Contents:

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

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $6,037 per ton in 2022, rising by 77% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. Over the period under review, average import prices reached the peak figure at $14,215 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($15,401 per ton), while the price for the United States ($1,861 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), 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 Oman (FOB) - 2022

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $20,081 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 161% against the previous year. The export price peaked at $62,702 per ton in 2012; however, from 2013 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 Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -7.6% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -20.9% to 27 tons. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,679% against the previous year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses soared to $164K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,376% against the previous year. As a result, imports attained the peak of $210K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.197.437.259.9205.5%
NetherlandsN/AN/AN/A20.40%
Italy1.623.615.910.889.0%
Spain0.614.112.410.3158.0%
United States1.219.213.69.6100.0%
India0.811.98.15.792.4%
IranN/AN/A11.6N/A0%
Others2.144.318.547.1182.0%
Total8.5210117164168.2%

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

  1. United Arab Emirates (13.9 tons)
  2. United States (5.2 tons)
  3. Netherlands (2.3 tons)
  4. Italy (1.2 tons)
  5. Spain (0.7 tons)
  6. India (0.6 tons)

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

In 2022, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses from Oman expanded significantly to 248 kg, with an increase of 5.5% compared with the previous year. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 147%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $5K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 535% against the previous year. As a result, the exports reached the peak of $5.2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar0.81.94.54.577.8%
OthersN/A3.30.30.5-61.1%
Total0.85.24.75.084.2%

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

  1. Qatar (245.0 kg)

Source: IndexBox Market Intelligence Platform

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