Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Venezuela - 2022
Contents:
- Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (CIF) - 2022
- Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Venezuela
Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (CIF) - 2022
In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $9,884 per ton, rising by 9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 37%. As a result, import price reached the peak level of $13,776 per ton. From 2018 to 2022, the average import prices remained 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 Brazil ($12,659 per ton), while the price for Mexico ($4,315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Venezuela
In 2022, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses into Venezuela dropped rapidly to 3.2 tons, waning by -22.3% on 2021. In general, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports reached the peak of 4.1 tons, and then dropped markedly in the following year.
In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses declined significantly to $31K in 2022. Over the period under review, imports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $37K, and then contracted notably in the following year.
| Import of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 0.6 | 0.4 | 5.5 | 12.2 | 172.9% |
| France | 9.7 | 8.8 | 12.7 | 5.8 | -15.8% |
| Brazil | 5.4 | 2.7 | 4.0 | 4.1 | -8.8% |
| Spain | 2.5 | 1.9 | 1.8 | 3.2 | 8.6% |
| Costa Rica | 5.0 | 3.1 | 2.0 | 2.0 | -26.3% |
| United States | 5.2 | 4.4 | 4.0 | 0.8 | -46.4% |
| Mexico | 1.1 | 1.0 | 1.4 | 0.6 | -18.3% |
| Others | 3.6 | 3.5 | 5.4 | 2.7 | -9.1% |
| Total | 33.2 | 25.7 | 37.0 | 31.4 | -1.8% |
Top Suppliers of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes to Venezuela in 2022:
- Colombia (1323.0 kg)
- France (507.0 kg)
- Spain (402.0 kg)
- Costa Rica (360.0 kg)
- Brazil (320.0 kg)
- Mexico (149.0 kg)
- United States (80.0 kg)
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