Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the United Arab Emirates - 2022

Contents:

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

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

The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $5,342 per ton in 2022, growing by 57% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 170%. The export price peaked in 2022 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 Kuwait ($11,982 per ton), while the average price for exports to Democratic Republic of the Congo ($746 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 India (+45.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $3,819 per ton in 2022, surging by 149% against the previous year. Over the period under review, the import price recorded mild growth. The growth pace was the most rapid in 2018 when the average import price increased by 352% against the previous year. As a result, import price reached the peak level of $8,273 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9,314 per ton), while the price for India ($1,932 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.3%), 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 United Arab Emirates

Exports of terpenic oils; gum, wood or sulphate turpentine oilses from the United Arab Emirates surged to 85 tons in 2022, growing by 2,853% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $453K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChadN/AN/AN/A4200%
KuwaitN/AN/AN/A16.50%
Oman11.75.79.54.4-27.8%
Democratic Republic of the CongoN/AN/AN/A2.90%
IranN/A73.4N/AN/A0%
Others1.50.70.39.283.0%
Total13.279.99.8453225.0%

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

  1. Chad (75.9 tons)
  2. Democratic Republic of the Congo (3.8 tons)
  3. Oman (1.4 tons)
  4. Kuwait (1.4 tons)

Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in supplies from abroad of terpenic oils; gum, wood or sulphate turpentine oilses, when their volume decreased by -84.1% to 11 tons. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 789% against the previous year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses shrank dramatically to $43K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 609%.

Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.9N/A22.532.4123.6%
France2.7N/A1.14.014.0%
ChinaN/AN/AN/A3.30%
India1.41.12.92.216.3%
United StatesN/A47.8N/A0.5-89.8%
NigeriaN/AN/A78.5N/A0%
OthersN/A0.33.00.415.5%
Total6.949.210842.983.9%

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

  1. United Kingdom (8.9 tons)
  2. India (1.1 tons)
  3. France (0.7 tons)
  4. China (0.3 tons)
  5. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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