Orange Terpene Price Trend and Forecast

Orange Terpene Regional Price Overview

Get the latest insights on price movement and trend analysis of Orange Terpene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Orange Terpene Price Trend for the Second Half of 2024

Orange terpene experienced significant price fluctuations in the market during the latter half of 2024. A combination of citrus greening disease and extreme weather conditions, such as droughts and floods, led to one of the worst orange harvests in decades, with Brazil, the world's largest producer, being the most affected. Consequently, the availability of high-quality citrus fruit, particularly oranges, was severely compromised, resulting in difficulties in extracting D-limonene, an important compound derived from orange terpene. Therefore, the availability of orange terpene was significantly reduced due to the citrus shortage, leading to higher prices and market instability. Especially in Europe, there was a strong demand for citrus-based products.
 

Orange Terpene Price Chart

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In response to the strained supply, citrus growers in regions like South Africa were able to capitalize on the higher prices, although they remained a smaller player in the global market. However, even with increased production in these areas, the overall supply was insufficient to fully meet global demand. The rising prices of citrus oil and its derivatives were also a result of ongoing challenges in key production regions. Supply issues and fluctuating prices continued to exert pressure on the global market for citrus terpenes throughout the latter half of 2024.

Analyst Insight

According to Procurement Resource, the orange terpene price graph is expected to show regional variations in the upcoming months primarily influenced by the oscillations in the upstream market.

Procurement Resource provides latest prices of Orange Terpene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.