Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal - 2023
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal (FOB) - 2023
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal (CIF) - 2022
- Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal (FOB) - 2023
The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $2,129 per ton in November 2023, increasing by 2.1% against the previous month. In general, the export price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 17% month-to-month. The export price peaked at $3,088 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($3,563 per ton), while the average price for exports to Mexico ($1,698 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.4%), 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 Portugal (CIF) - 2022
The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $3,196 per ton in 2022, with an increase of 11% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 82%. As a result, import price attained the peak level of $5,461 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -3.9% per year.
Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal
In 2022, after two years of decline, there was significant growth in overseas shipments of terpenic oils; gum, wood or sulphate turpentine oilses, when their volume increased by 5.7% to 6.7K tons. Over the period under review, exports, however, continue to indicate a mild descent.
In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses stood at $24M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 50%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.8 | 4.2 | 5.0 | 6.8 | -8.2% |
| France | 0.5 | 1.4 | 5.2 | 6.2 | 131.5% |
| India | 3.3 | 2.9 | 3.3 | 4.8 | 13.3% |
| Spain | 3.1 | 2.7 | 4.7 | 3.7 | 6.1% |
| Germany | 2.4 | 1.5 | 1.2 | 0.9 | -27.9% |
| Hong Kong SAR | 1.7 | 0.1 | N/A | N/A | -94.1% |
| United States | 2.1 | N/A | 0.1 | N/A | -78.2% |
| Others | 1.5 | 1.3 | 1.7 | 1.3 | -4.7% |
| Total | 23.5 | 14.0 | 21.1 | 23.7 | 0.3% |
Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Portugal in 2022:
- Mexico (1.9K tons)
- France (1.7K tons)
- India (1.5K tons)
- Spain (1.0K tons)
- Germany (0.2K tons)
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal
Imports of terpenic oils; gum, wood or sulphate turpentine oilses into Portugal declined dramatically to 108 tons in 2022, reducing by -79.4% compared with the previous year's figure. Overall, imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 5.5% against the previous year.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses contracted remarkably to $346K in 2022. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.7 | 1.4 | 1.5 | 0.3 | -43.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 1.4 | 1.5 | 0.3 | -43.9% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Portugal in 2022:
- Spain (107.4 tons)
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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...
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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...
