Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the Czech Republic - 2023

Contents:

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

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

In 2022, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $1,243 per ton, jumping by 32% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 85%. As a result, the export price attained the peak level of $1,270 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,262 per ton), while the average price for exports to France stood at $607 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.3%).

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $4,663 per ton in 2022, approximately mirroring the previous year. In general, the import price recorded a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 87% against the previous year. As a result, import price reached the peak level of $6,303 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Poland ($11,839 per ton), while the price for Germany amounted to $4,586 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+89.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the Czech Republic

Exports of terpenic oils; gum, wood or sulphate turpentine oilses from the Czech Republic surged to 1.1K tons in 2022, increasing by 49% compared with 2021 figures. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses skyrocketed to $1.4M in 2022. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. India (1058.9 tons)
2. France (51.8 tons)

Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the Czech Republic

In 2022, imports of terpenic oils; gum, wood or sulphate turpentine oilses into the Czech Republic reduced rapidly to 15 tons, waning by -27.8% on the previous year's figure. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 204% against the previous year. As a result, imports attained the peak of 21 tons, and then fell dramatically in the following year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses contracted significantly to $71K in 2022. Over the period under review, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. As a result, imports attained the peak of $98K, and then contracted markedly in the following year.

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

1. Germany (14.9 tons)
2. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform