Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan - 2023
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan (CIF) - 2023
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan (FOB) - 2022
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan
- Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan (CIF) - 2023
In November 2023, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $1,783 per ton, waning by -10.6% against the previous month. In general, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in April 2023 an increase of 63% against the previous month. As a result, import price reached the peak level of $2,841 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were Brazil ($1,914 per ton) and Vietnam ($1,886 per ton), while the price for Finland ($1,573 per ton) and Sweden ($1,616 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan (FOB) - 2022
The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $16,174 per ton in 2022, approximately reflecting the previous year. In general, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 158%. As a result, the export price attained the peak level of $20,123 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($29,127 per ton), while the average price for exports to China ($9,471 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan
In 2022, supplies from abroad of terpenic oils; gum, wood or sulphate turpentine oilses was finally on the rise to reach 3.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep reduction.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses soared to $12M in 2022. Over the period under review, imports, however, recorded a deep downturn.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 12.6 | 5.9 | 1.6 | 9.0 | -10.6% |
| Vietnam | 1.6 | 1.5 | 1.1 | 1.9 | 5.9% |
| Sweden | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Argentina | 1.0 | 0.5 | 1.0 | 0.5 | -20.6% |
| United States | N/A | 1.4 | 1.0 | 0.3 | -53.7% |
| Indonesia | 1.1 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Total | 16.7 | 9.5 | 4.9 | 12.5 | -9.2% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Japan in 2022:
- Brazil (2524.2 tons)
- Vietnam (615.5 tons)
- Sweden (383.5 tons)
- Argentina (160.0 tons)
- United States (79.1 tons)
Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan
After two years of decline, overseas shipments of terpenic oils; gum, wood or sulphate turpentine oilses increased by 24% to 9.7 tons in 2022. Overall, exports, however, continue to indicate a precipitous contraction.
In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses skyrocketed to $156K in 2022. In general, exports, however, showed a sharp decrease.
| Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 53.4 | 103 | 41.6 | 79.2 | 14.0% |
| China | 311 | 63.0 | 63.6 | 45.5 | -47.3% |
| Vietnam | 2.4 | 5.0 | 14.7 | 20.0 | 102.7% |
| South Korea | 3.4 | 3.3 | 3.2 | 9.5 | 40.8% |
| Thailand | N/A | 5.1 | 2.6 | 2.1 | -35.8% |
| Germany | 20.3 | N/A | N/A | N/A | 0% |
| Others | 5.5 | 1.9 | N/A | N/A | -65.5% |
| Total | 396 | 182 | 126 | 156 | -26.7% |
Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Japan in 2022:
- China (4.8 tons)
- India (2.7 tons)
- Vietnam (1.5 tons)
- South Korea (0.5 tons)
- Thailand (0.2 tons)
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This report provides an in-depth analysis of the market for gum or wood oils in Japan.
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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...
