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

Contents:

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

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

In 2022, the average import price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $3,025 per ton, surging by 10% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 151%. The import price peaked at $6,163 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Curacao ($4,379 per ton), while the price for Pakistan ($1,906 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2020, the average export price for oils, essential; of orange (terpeneless or not), including concretes and absoluteses amounted to $7,333 per ton, reducing by -56% against the previous year. In general, the export price faced a sharp decline. The export price peaked at $16,667 per ton in 2019, and then dropped dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2019 to 2020, the rate of growth in terms of prices for Portugal amounted to -82.0% per year.

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

After two years of decline, supplies from abroad of oils, essential; of orange (terpeneless or not), including concretes and absoluteses increased by 2,658% to 49 tons in 2022. Overall, imports enjoyed a significant increase. 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 $150K in 2022. In general, imports saw significant growth. As a result, imports attained 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 Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.00.91.960.7129.8%
ItalyN/AN/AN/A39.90%
CuracaoN/AN/AN/A37.60%
PakistanN/AN/AN/A8.90%
Spain2.70.80.1N/A-80.8%
China2.31.50.1N/A-79.1%
IndiaN/A0.6N/AN/A0%
Portugal32.85.00.5N/A-87.7%
Others5.044.42.32.4-21.7%
Total47.953.34.915046.3%

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

  1. Italy (18.5 tons)
  2. Belgium (16.7 tons)
  3. Curacao (8.6 tons)
  4. Pakistan (4.7 tons)

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

In 2020, the amount of oils, essential; of orange (terpeneless or not), including concretes and absoluteses exported from Angola shrank dramatically to 3 kg, which is down by -66.7% compared with 2019. In general, exports saw a precipitous decline.

In value terms, exports of oils, essential; of orange (terpeneless or not), including concretes and absoluteses plummeted to $22 in 2020. Over the period under review, exports recorded a significant contraction.

Export of Oils, Essential; of Orange (Terpeneless or Not), Including Concretes and Absolutes in Angola (USD)
COUNTRY20192020CAGR,
2019-2020
Portugal1503.0-98.0%
OthersN/A19.00%
Total15022.0-85.3%

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

  1. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform

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