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

Contents:

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

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $12,063 per ton in 2022, reducing by -43.4% against the previous year. In general, the import price showed a abrupt downturn. The growth pace was the most rapid in 2015 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the maximum at $37,241 per ton in 2013; however, from 2014 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 Germany ($33,597 per ton), while the price for Belgium amounted to $7,732 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-11.1%).

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

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $59,238 per ton in 2022, with an increase of 145% against the previous year. Overall, the export price showed notable growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($205,200 per ton), while the average price for exports to Belgium stood at $13,625 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses imported into Luxembourg soared to 40 tons, rising by 8,511% against the previous year's figure. In general, imports recorded a significant expansion. 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 soared to $479K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.51.01.6256700.0%
Germany6.76.96.8220220.2%
Others3.93.21.43.2-6.4%
Total11.111.29.8479250.8%

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

  1. Belgium (33.1 tons)
  2. Germany (6.5 tons)

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

In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses exported from Luxembourg contracted notably to 21 kg, which is down by -51.2% on 2021. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 438% against the previous year. As a result, the exports reached the peak of 43 kg, and then reduced markedly in the following year.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses skyrocketed to $1.2K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 196%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A1,0260%
BelgiumN/AN/AN/A2180%
Germany12815.0406N/A78.1%
France420336632N/A22.7%
Others16.0N/AN/AN/A0%
Total5643511,0381,24430.2%

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

  1. Belgium (16.0 kg)
  2. Austria (5.0 kg)

Source: IndexBox Market Intelligence Platform

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