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

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,055 per ton, reducing by -22.7% against the previous year. In general, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2017 an increase of 78%. The import price peaked at $5,750 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($18,975 per ton), while the price for the United Arab Emirates ($1,497 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+45.4%), 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 Iran

In 2022, imports of terpenic oils; gum, wood or sulphate turpentine oilses into Iran surged to 29 tons, rising by 24% on the previous year's figure. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 355%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses fell to $87K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 156%.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.238.536.032.5200.3%
Turkey30.25.220.722.3-9.6%
China0.621.323.721.5229.7%
India0.1N/AN/A6.9310.2%
Germany0.418.410.84.1117.2%
OthersN/AN/AN/AN/A0%
Total32.683.391.287.338.9%

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

  1. United Arab Emirates (21.7 tons)
  2. China (3.6 tons)
  3. India (1.5 tons)
  4. Turkey (1.2 tons)
  5. Germany (0.6 tons)

Source: IndexBox Market Intelligence Platform

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