What is the price of oleoresins per kilogram/pound in Cyprus today?
The retail price range for Cyprus oleoresins is between US$ 26.22 and US$ 33.75 per kilogram or between US$ 11.89 and US$ 15.30 per pound(lb). Click here to see today's exact prices of oleoresins in Cyprus
The retail price range in Euro for oleoresins is between EUR 24.22 and EUR 31.18 per kilogram or between EUR 10.99 and EUR 14.14 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus oleoresins is between US$ 18.35 and US$ 23.62 per kilogram or between US$ 8.32 and US$ 10.71 per pound(lb).
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Cyprus Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from Cyprus over the last five years has been quite varied. In 2017, the price was 25.75 US $ per kg, followed by a sharp increase to 49.62 US $ per kg in 2018. In 2019, the price dropped to 16.20 US $ per kg, before rising again to 43.67 US $ per kg in 2020. The price then decreased to 19.60 US $ per kg in 2021, before increasing to 40.50 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Oleoresins from Cyprus in 2023 will be around 33.05 US $ per kg, and in 2024 it will be around 36.78 US $ per kg.Cyprus Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Cyprus has seen a significant fluctuation over the past five years. In 2017, the price was 25.75 US dollars per kg, which was followed by a sharp increase to 49.62 US dollars per kg in 2018. This was followed by a decrease to 16.2 US dollars per kg in 2019. In 2020, the price rose again to 43.67 US dollars per kg, and then decreased to 19.6 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Oleoresins into Cyprus is 40.5 US dollars. Based on the data, it is predicted that the import price per kilogram of Oleoresins into Cyprus will increase to around 45.00 US dollars per kg in 2023 and then decrease to around 35.00 US dollars per kg in 2024.Export values for Cyprus oleoresins
The total values in export for oleoresins in Cyprus were US$ 573, US$ 206, US$ 397 and US$ 81 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cyprus: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oleoresins in other countries across Middle East: Bahrain oleoresins, Cyprus oleoresins, Iraq oleoresins, Israel oleoresins, Jordan oleoresins, Kuwait oleoresins, Lebanon oleoresins, Palestine oleoresins, Oman oleoresins & Qatar oleoresins.
Cyprus oleoresins - Production, Exports, Imports, Seasons and HS Codes
The quantity of oleoresins sold by Cyprus in 2020 was 2 metric tons. In 2019 Cyprus sold 5 tonnes of oleoresins. For the year 2019 alone, the interest in Cyprus oleoresins (processed category) has gone down, with a change of -37.5 pc compared to the year 2018. Between 2017 and 2019, oleoresins' exports reduced by -37.5% bringing the exporter US$0.08m for the year 2019. Cyprus' oleoresins exports are classified as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Cyprus oleoresins export values
In 2019, Cyprus supplied oleoresins worth 0.08m USD, a reduction of -79.85% from 2018's total oleoresins export of 0.397m USD. The annual reduction in value of Cyprus oleoresins between 2017 to 2018 was 92.718%.
The per year variation in the amount of Cyprus' oleoresins exports between 2017 and 2019 was -37.5 per cent in comparison to a variation of -37.5% in the period between 2018 and 2019.
Export markets for Cyprus oleoresins ( in '000$ )
Cyprus brought in 66 tonnes of oleoresins in 2019.