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

Contents:

  1. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal (FOB) - 2022
  2. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal (CIF) - 2022
  3. Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal
  4. Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal

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

In 2022, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $1,215 per ton, shrinking by -8.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 44%. As a result, the export price reached the peak level of $1,597 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.9% per year.

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $705 per ton, declining by -48.7% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $1,955 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -6.6% per year.

Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal

In 2022, the amount of terpenic oils; gum, wood or sulphate turpentine oilses exported from Nepal was estimated at 1.7K tons, rising by 6.6% against the previous year's figure. Overall, exports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 128%.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses shrank modestly to $2M in 2022. In general, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 100%.

Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.81.02.02.0-10.6%
PakistanN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.81.02.02.0-10.6%

Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Nepal in 2022:

  1. India (1.7K tons)

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

In 2022, imports of terpenic oils; gum, wood or sulphate turpentine oilses into Nepal declined remarkably to 8.5 tons, falling by -52.5% compared with the year before. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. As a result, imports attained the peak of 18 tons, and then reduced dramatically in the following year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses dropped significantly to $6K in 2022. In general, imports recorded a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $25K, and then declined remarkably in the following year.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.516.524.25.8-27.9%
China1.31.30.3N/A-52.0%
OthersN/AN/AN/A0.10%
Total16.817.824.56.0-29.1%

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

  1. India (8.5 tons)

Source: IndexBox Market Intelligence Platform

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