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

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,393 per ton, with a decrease of -75.3% against the previous year. Over the period under review, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 an increase of 255% against the previous year. Over the period under review, average import prices attained the peak figure at $19,426 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the United States ($25,250 per ton), while the price for Italy ($1,285 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 States (+16.3%), 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 Bahrain

In 2022, purchases abroad of terpenic oils; gum, wood or sulphate turpentine oilses increased by 742% to 379 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses soared to $1.3K in 2022. In general, imports, however, recorded a relatively flat trend pattern.

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

1. Italy (330.0 kg)
2. United States (24.0 kg)
3. United Kingdom (18.0 kg)
4. France (7.0 kg)

Source: IndexBox Market Intelligence Platform