Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy - 2023
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy (CIF) - 2022
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy (FOB) - 2022
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy
- Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy (CIF) - 2022
In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $4,473 per ton, standing approx. at the previous year. Over the period under review, the import price showed a tangible increase. The growth pace was the most rapid in 2018 an increase of 44% against the previous year. The import price peaked in 2022 and is likely to see steady 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 Germany ($11,947 per ton), while the price for Spain ($3,536 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), 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 Italy (FOB) - 2022
The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $15,188 per ton in 2022, picking up by 56% against the previous year. Over the period under review, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2021 an increase of 104%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($21,892 per ton), while the average price for exports to Slovenia ($4,565 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 Switzerland (+47.5%), 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 Italy
In 2022, after two years of decline, there was significant growth in overseas purchases of terpenic oils; gum, wood or sulphate turpentine oilses, when their volume increased by 24% to 114 tons. Overall, imports, however, continue to indicate a noticeable descent.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $511K in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +53.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 80.9 | 56.7 | 80.3 | 185 | 31.7% |
| Portugal | 200 | 214 | 246 | 138 | -11.6% |
| Spain | 148 | 6.0 | 9.4 | 76.2 | -19.9% |
| Germany | 38.9 | 36.7 | 62.1 | 59.0 | 14.9% |
| South Africa | 6.0 | 19.2 | 5.1 | 44.7 | 95.3% |
| Others | 5.1 | 0.3 | 5.6 | 6.8 | 10.1% |
| Total | 479 | 332 | 408 | 511 | 2.2% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Italy in 2022:
- France (47.5 tons)
- Portugal (31.2 tons)
- Spain (21.5 tons)
- South Africa (7.8 tons)
- Germany (4.9 tons)
Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy
For the third consecutive year, Italy recorded decline in overseas shipments of terpenic oils; gum, wood or sulphate turpentine oilses, which decreased by -46.7% to 2.7 tons in 2022. Over the period under review, exports continue to indicate a sharp downturn.
In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses fell rapidly to $42K in 2022. In general, exports saw a dramatic downturn.
| Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 9.7 | 9.6 | 17.0 | 19.5 | 26.2% |
| Germany | N/A | N/A | 0.5 | 5.5 | 1000.0% |
| France | 2.9 | 2.2 | 2.5 | 3.4 | 5.4% |
| South Korea | 4.1 | N/A | N/A | 2.7 | -13.0% |
| Croatia | 3.1 | 2.5 | 2.6 | 2.3 | -9.5% |
| Czech Republic | 1.9 | 1.8 | 2.9 | 2.0 | 1.7% |
| Poland | 1.0 | 1.4 | 1.1 | 1.3 | 9.1% |
| Slovenia | 0.6 | N/A | 1.0 | 0.7 | 5.3% |
| India | 106 | 43.0 | 5.9 | N/A | -76.4% |
| Others | 12.4 | 6.0 | 16.5 | 4.2 | -30.3% |
| Total | 142 | 66.7 | 50.0 | 41.5 | -33.6% |
Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Italy in 2022:
- Tunisia (891.0 kg)
- Germany (367.0 kg)
- South Korea (329.0 kg)
- France (226.0 kg)
- Croatia (177.0 kg)
- Czech Republic (150.0 kg)
- Slovenia (147.0 kg)
- Poland (128.0 kg)
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This report provides an in-depth analysis of the market for gum or wood oils in Italy.
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This report provides an in-depth analysis of the global market for gum or wood oils.
408
This report provides an in-depth analysis of the market for gum or wood oils in Italy.
636
This report provides an in-depth analysis of the global market for gum or wood oils.
736
In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1572
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
736
In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1572
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
