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

Contents:

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

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

In 2022, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $4,693 per ton, rising by 12% against the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 165%. As a result, the export price reached the peak level of $7,602 per ton. From 2014 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 Germany ($5,026 per ton), while the average price for exports to Portugal ($1,556 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 Germany (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $5,940 per ton in 2022, rising by 3% against the previous year. Overall, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($26,708 per ton), while the price for Brazil ($3,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+10.0%), 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 Netherlands

In 2022, shipments abroad of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -17.3% to 52 tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 2.1% against the previous year. As a result, the exports reached the peak of 72 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses declined to $243K in 2022. Over the period under review, exports saw a deep setback.

Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany348112142110-31.9%
Norway17.6N/AN/A57.048.0%
United States1.499.951.517.5132.1%
Belgium7.29.74.78.76.5%
Curacao2.51.75.14.117.9%
Others25.866.259.445.320.6%
Total403290263243-15.5%

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

  1. Germany (21.9 tons)
  2. Norway (13.7 tons)
  3. United States (5.1 tons)
  4. Belgium (2.5 tons)
  5. Curacao (1.1 tons)

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

In 2022, approx. 17 tons of terpenic oils; gum, wood or sulphate turpentine oilses were imported into the Netherlands; which is down by -83.4% on 2021 figures. Over the period under review, imports faced a significant decline. The growth pace was the most rapid in 2021 with an increase of 6.5% against the previous year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses plummeted to $103K in 2022. Overall, imports showed a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 41%.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal89.967.913959.0-13.1%
United States1.113.149.214.6136.8%
Spain19.919.618.710.6-18.9%
Germany4612213429.9-72.2%
United Kingdom2.329.70.22.41.4%
France3.65.31.01.6-23.7%
BrazilN/A41.40.20.2-93.0%
Others26.129.851.74.8-43.1%
Total604428602103-44.5%

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

  1. Portugal (11.8 tons)
  2. Germany (2.0 tons)
  3. Spain (1.5 tons)
  4. United States (0.5 tons)
  5. United Kingdom (0.4 tons)
  6. France (0.3 tons)
  7. Brazil (0.1 tons)

Source: IndexBox Market Intelligence Platform

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