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

Contents:

1. Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Cameroon (CIF) - 2022
2. Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Cameroon

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,652 per ton, with a decrease of -10.1% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for terpenic oils; gum, wood or sulphate turpentine oilses increased by +74.3% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 27%. The import price peaked at $4,064 per ton in 2021, and then fell in the following year.

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 China ($5,000 per ton), while the price for France ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, supplies from abroad of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -2.1% to 46 kg for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 6.8% against the previous year. As a result, imports reached the peak of 47 kg, and then contracted in the following year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses contracted to $168 in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of $191, and then contracted in the following year.

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

1. United Arab Emirates (44.0 kg)
2. China (1.0 kg)
3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform