Netherlands: Market for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike 2024

Market Size for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in the Netherlands

The Dutch gum or wood oils market reduced to $X in 2023, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in the Netherlands

In value terms, gum or wood oils production fell to $X in 2023 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Gum or wood oils production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

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Exports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike

Exports from the Netherlands

In 2023, the amount of gum, wood or sulphate turpentine oils, pine oil and other alike exported from the Netherlands expanded modestly to X tons, picking up by X% compared with the previous year. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports failed to regain momentum.

In value terms, gum or wood oils exports skyrocketed to $X in 2023. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and Israel (X tons) were the main destinations of gum or wood oils exports from the Netherlands, with a combined X% share of total exports. India, Japan, Ireland, Sweden, Poland, Italy, the United Arab Emirates, Ukraine, France and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gum or wood oils exported from the Netherlands were India ($X), Sweden ($X) and Japan ($X), with a combined X% share of total exports. Israel, Germany, Poland, Belgium, Ireland, France, the United Arab Emirates, Ukraine, Austria and Italy lagged somewhat behind, together accounting for a further X%.

Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gum or wood oils export price stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike

Imports into the Netherlands

In 2023, the amount of gum, wood or sulphate turpentine oils, pine oil and other alike imported into the Netherlands fell markedly to X tons, shrinking by X% compared with 2022. Overall, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, gum or wood oils imports fell slightly to $X in 2023. Over the period under review, total imports indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Belgium (X tons) constituted the largest supplier of gum or wood oils to the Netherlands, accounting for a X% share of total imports. Moreover, gum or wood oils imports from Belgium exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Poland (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of gum, wood or sulphate turpentine oils, pine oil and other alike to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with an X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average gum or wood oils import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, gum or wood oils import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform