The amount of oleoresins sold by Italy in 2020 was 383 tons. In 2019 Italy sold 284 tonnes of oleoresins. Across 2019 alone, the market for Italy oleoresins (processed category) has gone up, recording a change of 16.393 % compared to the year 2018. Between 2017 and 2019, oleoresins' exports went up by 25.66 percent netting the exporter US$4.58m for the year 2019. Italy's oleoresins exports are categorised as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Italia oleoresine export values
In 2019, Italy supplied oleoresins worth 4.58m USD, a contraction of -2.51% from 2018's total oleoresins export of 4.698m USD. The yearly reduction in value of Italy oleoresins between 2017 to 2018 was 13.123 pc.
The annual change in the volume of Italy's oleoresins exports between 2017 and 2019 was 25.66 pc compared to a variation of 16.393% in the period between 2018 and 2019.
Italy's stake of the world's total oleoresins' exports in 2019 was 2.3 percent. Italy holds position 6 in world exports of oleoresins.
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Export markets for Italia oleoresine ( in '000$ )
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Import/Export Trends
Italy is a net exporter of oleoresins. The annual growth of Italy oleoresins in value between 2015 to 2019 was 8%, per year, while annual growth in quantity during the same period was 3%, per annum.
Italy bought 1,095 tonnes of oleoresins in 2019.
