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

Contents:

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

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $13,260 per ton in 2022, growing by 12% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by +64.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum at $14,088 per ton in 2018; however, from 2019 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 Switzerland ($64,356 per ton), while the price for the Netherlands ($9,713 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.7%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $17,068 per ton, surging by 26% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $18,299 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($22,067 per ton), while the average price for exports to Moldova ($13,871 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 the Netherlands (+5.8%), 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 Ukraine

In 2022, approx. 20 tons of oils, essential; of orange (terpeneless or not), including concretes and absoluteses were imported into Ukraine; rising by 30% against 2021 figures. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. As a result, imports reached the peak of 27 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses surged to $260K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Brazil (7.1 tons)
2. Germany (4.9 tons)
3. Netherlands (2.9 tons)
4. Spain (2.7 tons)
5. Italy (1.7 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -12.8% to 3.2 tons. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses rose markedly to $55K in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $58K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Germany (2394.0 kg)
2. Kazakhstan (367.0 kg)
3. Moldova (186.0 kg)
4. Lithuania (62.0 kg)
5. Estonia (55.0 kg)
6. Latvia (55.0 kg)

Source: IndexBox Market Intelligence Platform