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

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,286 per ton, surging by 16% against the previous year. Over the period under review, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 78%. Over the period under review, average import prices reached the peak figure at $3,917 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($5,000 per ton), while the price for India ($2,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -11.5% to 154 kg for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of 174 kg, and then reduced in the following year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses stood at $506 in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57%. As a result, imports attained the peak of $521. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. United Arab Emirates (146.0 kg)
2. India (6.0 kg)
3. Egypt (2.0 kg)

Source: IndexBox Market Intelligence Platform