Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Azerbaijan - 2023
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Azerbaijan (CIF) - 2022
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Azerbaijan
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Azerbaijan (CIF) - 2022
The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $24,000 per ton in 2022, with an increase of 140% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 334% against the previous year. Over the period under review, average import prices hit record highs at $102,868 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2013 to 2022, the rate of growth in terms of prices for Ukraine amounted to +3.2% per year.
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Azerbaijan
In 2022, purchases abroad of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -33.3% to 2 kg, falling for the second year in a row after two years of growth. In general, imports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of 4 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses skyrocketed to $48 in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 48.0 | 0% |
| Poland | 36.0 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 27.0 | 30.0 | N/A | 11.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.0 | 27.0 | 30.0 | 48.0 | 10.1% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Azerbaijan in 2022:
- France (2.0 kg)
290
This report provides an in-depth analysis of the market for gum or wood oils in Azerbaijan.
632
This report provides an in-depth analysis of the global market for gum or wood oils.
290
This report provides an in-depth analysis of the market for gum or wood oils in Azerbaijan.
632
This report provides an in-depth analysis of the global market for gum or wood oils.
728
In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1565
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
728
In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1565
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
