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Nepal - Gum, Wood or Sulphate Turpentine Oils, Pine Oil and Other Alike - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNepal: Market for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike 2024
Market Size for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Nepal
In 2023, the Nepalese gum or wood oils market was finally on the rise to reach $X for the first time since 2019, thus ending a three-year declining trend. Overall, consumption continues to indicate a perceptible setback. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.
Production of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Nepal
In value terms, gum or wood oils production contracted slightly to $X in 2023 estimated in export price. In general, production saw a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Gum or wood oils production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
Exports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike
Exports from Nepal
In 2023, after two years of growth, there was significant decline in overseas shipments of gum, wood or sulphate turpentine oils, pine oil and other alike, when their volume decreased by X% to X tons. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
In value terms, gum or wood oils exports reduced modestly to $X in 2023. Overall, exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
India (X tons) was the main destination for gum or wood oils exports from Nepal, accounting for a X% share of total exports. Moreover, gum or wood oils exports to India exceeded the volume sent to the second major destination, Pakistan (X tons), more than tenfold.
From 2012 to 2023, the average annual rate of growth in terms of volume to India stood at X%.
In value terms, India ($X) remains the key foreign market for gum, wood or sulphate turpentine oils, pine oil and other alike exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to India amounted to X%.
Export Prices by Country
The average gum or wood oils export price stood at $X per ton in 2023, increasing by X% against the previous year. In general, export price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, gum or wood oils export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2023, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Pakistan totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%).
Imports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike
Imports into Nepal
In 2023, the amount of gum, wood or sulphate turpentine oils, pine oil and other alike imported into Nepal expanded significantly to X tons, growing by X% on the previous year's figure. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.
In value terms, gum or wood oils imports surged to $X in 2023. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2023, India (X tons) was the main supplier of gum or wood oils to Nepal, with a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from India amounted to X%.
In value terms, India ($X) constituted the largest supplier of gum, wood or sulphate turpentine oils, pine oil and other alike to Nepal, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from India was relatively modest.
Import Prices by Country
In 2023, the average gum or wood oils import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while the price for China stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for gum or wood oils in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147140 - Gum, wood or sulphate turpentine oils, pine oil and other alike
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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