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

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $18,128 per ton, falling by -11% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 an increase of 71% against the previous year. Over the period under review, average import prices attained the maximum at $20,357 per ton in 2021, and then shrank in the following year.

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 Belgium ($50,118 per ton), while the price for Spain ($9,607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.4%), 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 the Czech Republic (FOB) - 2022

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $42,779 per ton in 2022, growing by 5.1% against the previous year. In general, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 103%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($130,500 per ton), while the average price for exports to Croatia ($7,254 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 Hungary (+50.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 39 tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were imported into the Czech Republic; with an increase of 48% compared with the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $714K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (18.1 tons)
2. Germany (10.8 tons)
3. Italy (5.6 tons)
4. Spain (3.0 tons)
5. Belgium (0.8 tons)

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

For the fourth consecutive year, the Czech Republic recorded growth in overseas shipments of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, which increased by 126% to 4.3 tons in 2022. Over the period under review, exports posted 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 $185K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (1538.0 kg)
2. Slovakia (1406.0 kg)
3. Russia (995.0 kg)
4. Croatia (114.0 kg)
5. Germany (90.0 kg)
6. Hungary (23.0 kg)
7. Romania (2.0 kg)

Source: IndexBox Market Intelligence Platform