Report Update: May 1, 2024

France - Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike - Market Analysis, Forecast, Size, Trends And Insights

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Price for Gum or Wood Oils in France - 2023

Price for Gum or Wood Oils in France (CIF) - 2023

In June 2023, the average gum or wood oils import price amounted to $2,821 per ton, declining by -12.4% against the previous month. Over the period under review, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, gum or wood oils import price increased by +65.6% against January 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 31% against the previous month. Over the period under review, average import prices reached the maximum at $3,219 per ton in May 2023, and then shrank in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,668 per ton), while the price for Sweden ($1,291 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Gum or Wood Oils in France (FOB) - 2022

The average gum or wood oils export price stood at $6,026 per ton in 2022, which is down by -20% against the previous year. In general, the export price, however, showed moderate growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 103% against the previous year. The export price peaked at $7,534 per ton in 2021, and then fell rapidly in the following year.

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 Germany ($18,159 per ton), while the average price for exports to India ($914 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 Germany (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gum or Wood Oils in France

Gum or wood oils imports into France rose sharply to 47K tons in 2022, with an increase of 14% compared with the previous year. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 2,729%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, gum or wood oils imports surged to $108M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,939%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Gum or Wood Oils in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	N/A	N/A	6.5	24.8	281.5%
Germany	0.2	0.2	5.9	22.4	382.0%
Spain	0.1	0.1	4.8	18.4	468.8%
Netherlands	N/A	0.1	4.8	18.2	1249.1%
United States	2.5	3.0	4.5	17.2	90.2%
India	0.6	0.4	1.6	6.1	116.6%
Argentina	N/A	N/A	8.3	N/A	0%
Sweden	N/A	N/A	3.8	N/A	0%
Finland	N/A	N/A	15.3	N/A	0%
Brazil	N/A	N/A	17.7	N/A	0%
Others	0.3	0.2	7.1	1.4	67.1%
Total	3.7	3.9	80.4	108	207.9%

Top Suppliers of Gum or Wood Oils to France in 2022:

Netherlands (15.9K tons)
Portugal (8.2K tons)
Spain (7.7K tons)
United States (7.0K tons)
Germany (4.0K tons)
India (3.2K tons)

Exports of Gum or Wood Oils in France

Gum or wood oils exports from France amounted to 1.8K tons in 2022, therefore, remained relatively stable against the year before. Overall, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 1.9%.

In value terms, gum or wood oils exports declined markedly to $11M in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 4.3%.

Export of Gum or Wood Oils in France (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	6,822	7,472	8,084	6,006	-4.2%
Belgium	1,512	914	1,394	1,036	-11.8%
Netherlands	1,071	915	1,097	815	-8.7%
Austria	1,347	429	500	550	-25.8%
United Kingdom	506	346	364	294	-16.6%
Egypt	397	392	284	260	-13.2%
United States	491	254	197	228	-22.6%
Switzerland	276	312	306	228	-6.2%
Jordan	761	62.9	9.3	201	-35.8%
Spain	419	186	160	185	-23.9%
Saudi Arabia	57.0	401	168	152	38.7%
India	99.8	264	199	148	14.0%
Kuwait	160	278	167	147	-2.8%
Others	1,261	991	850	847	-12.4%
Total	15,181	13,215	13,781	11,097	-9.9%

Top Export Markets for Gum or Wood Oils from France in 2022:

Germany (330.8 tons)
Austria (289.0 tons)
Belgium (254.8 tons)
India (161.9 tons)
Netherlands (128.8 tons)
United Kingdom (103.8 tons)
United States (82.5 tons)
Egypt (80.3 tons)
Saudi Arabia (69.6 tons)
Spain (59.1 tons)
Jordan (46.3 tons)
Kuwait (35.0 tons)
Switzerland (31.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for gum or wood oils in France. 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:

France

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in France
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023