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

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,493 per ton, with a decrease of -11.4% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for terpenic oils; gum, wood or sulphate turpentine oilses increased by +1.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 48%. The import price peaked at $3,943 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($8,226 per ton), while the price for Germany ($3,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $4,174 per ton in 2022, dropping by -6.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The growth pace was the most rapid in 2018 when the average export price increased by 61%. The export price peaked at $6,989 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($8,324 per ton), while the average price for exports to Sweden amounted to $4,172 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+4.3%).

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

In 2022, the amount of terpenic oils; gum, wood or sulphate turpentine oilses imported into Denmark skyrocketed to 179 tons, increasing by 32% against the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +49.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $624K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (159.0 tons)
2. Spain (10.7 tons)
3. Sweden (9.0 tons)

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

After three years of growth, overseas shipments of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -4.9% to 120 tons in 2022. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of 126 tons, and then reduced in the following year.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses fell to $499K in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $561K, and then declined in the following year.

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

1. Sweden (119.5 tons)

Source: IndexBox Market Intelligence Platform