Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Norway - 2024

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $6,833 per ton, reducing by -17.4% against the previous year. In general, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 113% against the previous year. As a result, import price attained the peak level of $8,269 per ton, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24,396 per ton), while the price for Denmark ($2,376 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+44.6%), 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 Norway (FOB) - 2022

The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $2,478 per ton in 2022, shrinking by -60.1% against the previous year. In general, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 777%. As a result, the export price attained the peak level of $8,231 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +0.8% per year.

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

After three years of growth, purchases abroad of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -54.4% to 25 tons in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 52%.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses dropped markedly to $171K in 2022. In general, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 124%. As a result, imports attained the peak of $454K, and then shrank sharply in the following year.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden75.511512675.0-0.2%
FranceN/A0.20.255.61567.3%
United StatesN/AN/A42.827.3-36.2%
Denmark16.830.359.35.5-31.1%
Germany48.83.24.14.2-55.8%
United KingdomN/AN/A175N/A0%
PortugalN/A48.2N/AN/A0%
Others3.65.147.03.4-1.9%
Total1452024541715.7%

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

  1. Sweden (17.9 tons)
  2. Denmark (2.3 tons)
  3. France (2.3 tons)
  4. United States (1.7 tons)
  5. Germany (0.6 tons)

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

In 2022, approx. 4.3 tons of terpenic oils; gum, wood or sulphate turpentine oilses were exported from Norway; picking up by 161% on the year before. In general, exports, however, faced a precipitous setback.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses rose slightly to $11K in 2022. Overall, exports, however, recorded a sharp shrinkage.

Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A2.310.7365.2%
India75.263.7N/AN/A-15.3%
Iceland6.49.07.9N/A11.1%
OthersN/AN/AN/AN/A0%
Total81.772.710.310.7-49.2%

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

  1. Sweden (4.3 tons)

Source: IndexBox Market Intelligence Platform

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