Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ireland - 2023

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $4,783 per ton, declining by -41.2% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 69%. As a result, import price attained the peak level of $8,134 per ton, and then fell 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 the Netherlands ($7,121 per ton), while the price for the United States ($2,839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 8 tons of terpenic oils; gum, wood or sulphate turpentine oilses were imported into Ireland; rising by 33% compared with 2021 figures. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,657%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses contracted remarkably to $38K in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 4,564%. As a result, imports reached the peak of $49K, and then fell significantly in the following year.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.10.529.521.060.3%
United States0.80.50.310.6136.6%
PortugalN/AN/AN/A5.40%
NetherlandsN/AN/AN/A1.20%
Belgium2.4N/AN/AN/A0%
GermanyN/AN/A18.9N/A0%
OthersN/AN/A0.40.1-75.0%
Total8.21.149.138.367.2%

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

  1. United States (3.7 tons)
  2. United Kingdom (3.3 tons)
  3. Portugal (0.8 tons)
  4. Netherlands (0.2 tons)

Source: IndexBox Market Intelligence Platform

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