Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia - 2024
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia (CIF) - 2022
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia (FOB) - 2022
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia
- Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia (CIF) - 2022
The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $4,802 per ton in 2022, surging by 5.4% against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 47% against the previous year. The import price peaked at $5,109 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($19,304 per ton), while the price for Vietnam ($3,704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia (FOB) - 2022
The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $3,364 per ton in 2022, which is down by -28.2% against the previous year. In general, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. Over the period under review, the average export prices reached the maximum at $6,797 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($9,335 per ton), while the average price for exports to Indonesia ($1,818 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 Mauritius (+20.1%), while the prices for the other major destinations experienced a decline.
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia
In 2022, imports of terpenic oils; gum, wood or sulphate turpentine oilses into Malaysia surged to 103 tons, with an increase of 37% against the previous year's figure. Overall, imports, however, saw a deep contraction.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses soared to $495K in 2022. Over the period under review, imports, however, saw a abrupt decrease.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 682 | 511 | 305 | 301 | -23.9% |
| Japan | 18.3 | 5.8 | 32.2 | 71.9 | 57.8% |
| Vietnam | 34.0 | 11.0 | N/A | 66.7 | 25.2% |
| Taiwan (Chinese) | 8.8 | N/A | N/A | 53.6 | 82.6% |
| Others | 21.0 | 1.4 | 6.6 | 2.0 | -54.3% |
| Total | 764 | 529 | 344 | 495 | -13.5% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Malaysia in 2022:
- China (66.8 tons)
- Vietnam (18.0 tons)
- Taiwan (Chinese) (14.4 tons)
- Japan (3.7 tons)
Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia
In 2022, approx. 4.9 tons of terpenic oils; gum, wood or sulphate turpentine oilses were exported from Malaysia; dropping by -56.5% against 2021 figures. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 11 tons, and then contracted sharply in the following year.
In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses shrank rapidly to $17K in 2022. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 3.6% against the previous year.
| Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | N/A | 7.0 | 18.1 | 8.1 | 7.6% |
| Singapore | 5.9 | 3.6 | 4.1 | 4.7 | -7.3% |
| Indonesia | 1.9 | N/A | 1.6 | 3.8 | 26.0% |
| Mauritius | 15.0 | 9.1 | 3.8 | N/A | -49.7% |
| New Caledonia | 17.9 | 13.1 | 14.7 | N/A | -9.4% |
| Taiwan (Chinese) | 14.8 | 16.8 | 11.1 | N/A | -13.4% |
| Others | N/A | 1.8 | N/A | N/A | 0% |
| Total | 55.4 | 51.4 | 53.3 | 16.6 | -33.1% |
Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Malaysia in 2022:
- Indonesia (2.1 tons)
- Singapore (2.0 tons)
- Brunei Darussalam (0.9 tons)
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This report provides an in-depth analysis of the market for gum or wood oils in Malaysia.
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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...
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...
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...
