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

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $2,058 per ton, reducing by -31.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $3,008 per ton, and then shrank remarkably in the following year.

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 China ($3,382 per ton), while the price for Honduras ($1,550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), 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 Mexico

Imports of terpenic oils; gum, wood or sulphate turpentine oilses into Mexico skyrocketed to 2.6K tons in 2022, picking up by 436% against the previous year's figure. In general, imports showed prominent growth.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses soared to $5.3M in 2022. Over the period under review, imports enjoyed a perceptible expansion.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.43.90.22.419.7%
Portugal1.72.80.61.6-2.0%
Argentina0.71.30.40.98.7%
Honduras0.10.20.10.10.0%
United States1.00.70.1N/A-68.4%
Others0.10.30.10.226.0%
Total5.09.21.55.32.0%

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

  1. Brazil (1160.9 tons)
  2. Portugal (732.8 tons)
  3. Argentina (524.9 tons)
  4. Honduras (72.2 tons)
  5. United States (5.9 tons)

Source: IndexBox Market Intelligence Platform

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