Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia - 2023

Contents:

  1. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia (CIF) - 2022
  2. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia (FOB) - 2022
  3. Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia
  4. Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia

Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia (CIF) - 2022

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $5,124 per ton, increasing by 45% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 58%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Germany ($15,266 per ton), while the price for Slovenia ($3,186 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia (FOB) - 2022

The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $14,920 per ton in 2022, which is down by -13.4% against the previous year. Over the period under review, the export price, however, saw measured growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 193%. Over the period under review, the average export prices reached the peak figure at $17,226 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($20,500 per ton), while the average price for exports to Slovenia totaled $13,158 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia

Imports of terpenic oils; gum, wood or sulphate turpentine oilses into Croatia fell sharply to 3 tons in 2022, reducing by -60.2% against 2021 figures. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 216%.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses contracted dramatically to $15K in 2022. Overall, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 119% against the previous year.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia39.44.522.97.6-42.2%
Germany1.50.71.15.049.4%
Italy3.12.52.62.3-9.5%
United KingdomN/AN/AN/A0.50%
Others1.04.40.1N/A-68.4%
Total45.012.226.715.4-30.1%

Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Croatia in 2022:

  1. Slovenia (2393.0 kg)
  2. Germany (327.0 kg)
  3. Italy (209.0 kg)
  4. United Kingdom (79.0 kg)

Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia

In 2022, approx. 100 kg of terpenic oils; gum, wood or sulphate turpentine oilses were exported from Croatia; surging by 223% compared with 2021 figures. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $1.5K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Croatia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A66.01,0001415.2%
Bosnia and Herzegovina4872964684920.3%
Montenegro55.092.0N/AN/A67.3%
SerbiaN/A232N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5426205341,49240.1%

Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Croatia in 2022:

  1. Slovenia (76.0 kg)
  2. Bosnia and Herzegovina (24.0 kg)

Source: IndexBox Market Intelligence Platform

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