Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ecuador - 2022

Contents:

  1. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ecuador (CIF) - 2022
  2. Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ecuador

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $7,775 per ton in 2022, increasing by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The import price peaked at $8,675 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($9,063 per ton), while the price for Colombia ($7,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -2.6% to 702 kg, falling for the second consecutive year after two years of growth. In general, imports saw a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 108% against the previous year. As a result, imports attained the peak of 1.8 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses soared to $5.5K in 2022. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 135% against the previous year. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia0.92.10.63.151.0%
ChinaN/AN/AN/A1.40%
Brazil0.10.30.10.9108.0%
United States2.86.42.3N/A-9.4%
Others2.76.31.3N/A-30.6%
Total6.515.24.45.5-5.4%

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

  1. Colombia (426.0 kg)
  2. China (180.0 kg)
  3. Brazil (96.0 kg)

Source: IndexBox Market Intelligence Platform

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