Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil - 2024

Contents:

1. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil (FOB) - 2024
2. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil (CIF) - 2022
3. Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil
4. Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil

Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil (FOB) - 2024

In February 2024, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $1,642 per ton, rising by 3.4% against the previous month. In general, the export price, however, recorded a noticeable reduction. Over the period under review, the average export prices hit record highs at $2,452 per ton in February 2023; however, from March 2023 to February 2024, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In February 2024, the highest price was recorded for prices to the United States ($1,856 per ton) and China ($1,776 per ton), while the average price for exports to France ($1,309 per ton) and Mexico ($1,557 per ton) were amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.4%), while the prices for the other major destinations experienced a decline.

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $5,452 per ton in 2022, with an increase of 48% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 193% against the previous year. As a result, import price reached the peak level of $6,796 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Mexico ($9,889 per ton), while the price for France ($3,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.2%), while the prices for the other major suppliers experienced a decline.

Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Brazil

In 2022, overseas shipments of terpenic oils; gum, wood or sulphate turpentine oilses were finally on the rise to reach 28K tons after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses reached $89M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 72%.

Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Brazil in 2022:

1. India (12.9K tons)
2. United States (6.3K tons)
3. Mexico (3.0K tons)
4. Japan (2.6K tons)
5. France (2.2K tons)
6. China (0.5K tons)
7. Spain (0.5K tons)

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

In 2022, overseas purchases of terpenic oils; gum, wood or sulphate turpentine oilses increased by 35% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic decline.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $74K in 2022. In general, imports, however, saw a dramatic contraction.

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

1. United States (5.1 tons)
2. Mexico (3.4 tons)
3. Portugal (2.5 tons)
4. France (2.4 tons)
5. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform