Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Kuwait - 2022
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Kuwait (CIF) - 2022
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Kuwait
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Kuwait (CIF) - 2022
The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $2,767 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a abrupt decline. The growth pace was the most rapid in 2020 when the average import price increased by 64% against the previous year. The import price peaked at $9,730 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,774 per ton), while the price for India stood at $2,766 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.2%), while the prices for the other major suppliers experienced a decline.
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Kuwait
Imports of terpenic oils; gum, wood or sulphate turpentine oilses into Kuwait totaled 1.7 tons in 2022, approximately equating the previous year. Over the period under review, imports enjoyed a significant expansion. The smallest decline of -60.3% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses stood at $4.6K in 2022. In general, imports showed a significant increase. The smallest decline of -34.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 30.0 | 67.0 | N/A | 4,061 | 413.5% |
| France | 71.0 | 29.0 | N/A | 588 | 102.3% |
| United Kingdom | 156 | 115 | N/A | N/A | -26.3% |
| United Arab Emirates | 1,093 | 670 | N/A | N/A | -38.7% |
| Others | 25.0 | 14.0 | N/A | N/A | -44.0% |
| Total | 1,375 | 895 | N/A | 4,649 | 50.1% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Kuwait in 2022:
- India (1468.0 kg)
- France (212.0 kg)
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In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
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In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1528
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
