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

Contents:

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

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

In 2022, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,193 per ton, stabilizing at the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for terpenic oils; gum, wood or sulphate turpentine oilses increased by +39.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,360 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,238 per ton), while the average price for exports to the United States ($2,300 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 Hong Kong SAR (+10.9%), 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 Greece (CIF) - 2022

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $9,562 per ton, with an increase of 19% against the previous year. Overall, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of 84% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 the Netherlands ($16,220 per ton), while the price for Germany ($7,767 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 (+31.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of terpenic oils; gum, wood or sulphate turpentine oilses from Greece fell notably to 317 tons in 2022, dropping by -42.7% compared with 2021. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. As a result, the exports reached the peak of 553 tons, and then contracted rapidly in the following year.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses dropped dramatically to $1M in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $1.8M, and then dropped rapidly in the following year.

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

1. France (100.3 tons)
2. India (95.1 tons)
3. United States (59.1 tons)
4. Spain (39.8 tons)
5. Ireland (15.0 tons)
6. Turkey (4.0 tons)

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

In 2022, approx. 258 kg of terpenic oils; gum, wood or sulphate turpentine oilses were imported into Greece; with a decrease of -31.9% against 2021. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 96%.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses dropped markedly to $2.5K in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 103%.

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

1. Germany (202.0 kg)
2. Netherlands (50.0 kg)
3. Italy (6.0 kg)

Source: IndexBox Market Intelligence Platform