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

Contents:

  1. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Slovenia (CIF) - 2023
  2. Price for Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Slovenia (FOB) - 2022
  3. Imports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Slovenia
  4. Exports of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Slovenia

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

The average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $30,748 per ton in November 2023, picking up by 8.4% against the previous month. Overall, the import price showed pronounced growth. The most prominent rate of growth was recorded in May 2023 an increase of 345% month-to-month. Over the period under review, average import prices reached the maximum at $68,827 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($54,167 per ton), while the price for Italy ($17,182 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), 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 Slovenia (FOB) - 2022

The average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses stood at $52,843 per ton in 2022, surging by 387% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. Over the period under review, the average export prices reached the maximum at $67,408 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($75,764 per ton), while the average price for exports to Italy ($10,000 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 Croatia (+6.2%), 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 Slovenia

In 2022, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses imported into Slovenia declined to 79 tons, dropping by -8.4% compared with 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports attained the peak of 86 tons, and then declined in the following year.

In value terms, imports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses surged to $1.5M in 2022. Over the period under review, imports, however, recorded a significant increase. 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 Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1442872831,281107.2%
Brazil434182149150-29.8%
United States60.74.510830.5-20.5%
NetherlandsN/A28.268.012.4-33.7%
Italy2.55.01126.235.4%
Others12531.610833.5-35.5%
Total7675398291,51325.4%

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

  1. Germany (55.9 tons)
  2. Brazil (16.5 tons)
  3. United States (3.6 tons)
  4. Netherlands (1.2 tons)
  5. Italy (0.8 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses, when their volume decreased by -84% to 581 kg. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 630%. As a result, the exports reached the peak of 3.6 tons, and then shrank markedly in the following year.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses fell markedly to $31K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 466% against the previous year.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A18.00%
Croatia2.75.64.44.014.0%
AustriaN/A2.62.72.3-5.9%
SpainN/A2.42.82.2-4.3%
GermanyN/AN/AN/A0.70%
Bosnia and Herzegovina0.50.71.10.711.9%
Serbia1.70.31.10.5-33.5%
ChinaN/A20.3N/AN/A0%
IranN/AN/A10.1N/A0%
NetherlandsN/AN/A13.4N/A0%
Others0.91.63.82.438.7%
Total5.933.539.430.773.3%

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

  1. Mexico (237.0 kg)
  2. Croatia (87.0 kg)
  3. Germany (47.0 kg)
  4. Austria (46.0 kg)
  5. Spain (43.0 kg)
  6. Bosnia and Herzegovina (31.0 kg)
  7. Serbia (29.0 kg)

Source: IndexBox Market Intelligence Platform

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