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

Contents:

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

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $5,667 per ton in 2022, picking up by 184% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. Over the period under review, average import prices hit record highs at $49,928 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($12,136 per ton), while the price for the Czech Republic ($2,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $8,361 per ton in 2022, dropping by -5.6% against the previous year. Over the last three years, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $8,861 per ton, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($8,999 per ton), while the average price for exports to the Netherlands amounted to $5,539 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of terpenic oils; gum, wood or sulphate turpentine oilses into Slovakia reduced sharply to 6.6 tons, with a decrease of -88.7% compared with the year before. Over the period under review, imports saw a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 302%. As a result, imports reached the peak of 59 tons, and then dropped sharply in the following year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses dropped notably to $37K in 2022. In general, imports continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 210%. As a result, imports attained the peak of $117K, and then shrank sharply in the following year.

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

1. Czech Republic (3.3 tons)
2. Spain (1.9 tons)
3. Germany (1.4 tons)

Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Slovakia

In 2022, exports of terpenic oils; gum, wood or sulphate turpentine oilses from Slovakia surged to 2.9 tons, with an increase of 45% against 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119%. As a result, the exports reached the peak of 3.4 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $24K in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 119%. As a result, the exports attained the peak of $26K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Czech Republic (2.4 tons)
2. Netherlands (0.5 tons)

Source: IndexBox Market Intelligence Platform