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

Contents:

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

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

The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $1,517 per ton in 2022, rising by 15% against the previous year. Overall, the export price posted a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 250% against the previous year. As a result, the export price attained the peak level of $3,506 per ton. From 2017 to 2022, the average 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 Finland ($5,201 per ton), while the average price for exports to France ($1,197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $17,149 per ton, picking up by 187% against the previous year. Overall, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 387% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($18,105 per ton), while the price for Latvia amounted to $6,426 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of terpenic oils; gum, wood or sulphate turpentine oilses from Estonia rose slightly to 237 tons in 2022, with an increase of 3.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $359K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 48%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. France (211.9 tons)
2. Lithuania (10.7 tons)
3. Finland (10.4 tons)

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

Imports of terpenic oils; gum, wood or sulphate turpentine oilses into Estonia declined markedly to 3.5 tons in 2022, dropping by -89% on the previous year's figure. In general, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 407%.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses shrank remarkably to $61K in 2022. Over the period under review, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 110%.

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

1. Germany (3.2 tons)
2. Latvia (0.3 tons)

Source: IndexBox Market Intelligence Platform