Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia - 2022
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia (FOB) - 2022
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia (CIF) - 2022
- Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia (FOB) - 2022
In March 2022, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,370 per ton, dropping by -7.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 6.9% m-o-m. The export price peaked at $3,812 per ton in August 2021; however, from September 2021 to March 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($3,576 per ton), while the average price for exports to Germany ($1,570 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia (CIF) - 2022
The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $2,672 per ton in 2022, falling by -24.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 88%. As a result, import price attained the peak level of $3,552 per ton, and then declined notably in the following year.
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 Portugal ($9,892 per ton), while the price for Singapore ($1,581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.
Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia
In 2022, exports of terpenic oils; gum, wood or sulphate turpentine oilses from Indonesia surged to 21K tons, rising by 23% against 2021 figures. The total export volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses rose rapidly to $66M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 49.2 | 35.7 | 59.3 | 63.6 | 8.9% |
| United States | N/A | 1.1 | N/A | 1.3 | 8.7% |
| China | 1.0 | 4.3 | 2.0 | 0.7 | -11.2% |
| Others | 2.3 | 0.1 | 0.3 | 0.5 | -39.9% |
| Total | 52.4 | 41.3 | 61.7 | 66.1 | 8.0% |
Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Indonesia in 2022:
- India (20.4K tons)
- United States (0.5K tons)
- China (0.2K tons)
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia
Imports of terpenic oils; gum, wood or sulphate turpentine oilses into Indonesia contracted modestly to 125 tons in 2022, flattening at 2021. Overall, imports saw a sharp descent. The growth pace was the most rapid in 2021 with an increase of 4.8%.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses contracted notably to $334K in 2022. In general, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 97%.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 6,344 | 115 | 118 | 170 | -70.1% |
| Portugal | 91.7 | 32.3 | 116 | 102 | 3.6% |
| China | 11.8 | 20.4 | N/A | 9.3 | -7.6% |
| Others | 82.4 | 60.6 | 216 | 52.5 | -14.0% |
| Total | 6,530 | 229 | 451 | 334 | -62.9% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Indonesia in 2022:
- Singapore (107.5 tons)
- Portugal (10.4 tons)
- China (5.6 tons)
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In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
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In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
644
In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1528
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
