Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Chile - 2024

Contents:

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

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

In 2022, the average import price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $2,535 per ton, rising by 21% against the previous year. Overall, the import price posted buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 178%. Over the period under review, average import prices hit record highs at $4,581 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 the Netherlands ($7,281 per ton), while the price for Argentina totaled $2,396 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.2%).

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

In 2022, the average export price for terpenic oils; gum, wood or sulphate turpentine oilses amounted to $3,484 per ton, increasing by 57% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 142% against the previous year. The export price peaked at $3,651 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($3,509 per ton), while the average price for exports to Spain totaled $3,468 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+25.6%).

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

For the fourth consecutive year, Chile recorded growth in purchases abroad of terpenic oils; gum, wood or sulphate turpentine oilses, which increased by 47% to 171 tons in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,516%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses surged to $433K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 636%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

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

1. Argentina (165.9 tons)
2. Netherlands (4.9 tons)

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

Exports of terpenic oils; gum, wood or sulphate turpentine oilses from Chile soared to 101 tons in 2022, jumping by 280,956% compared with the year before. Over the period under review, exports posted a significant expansion.

In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses soared to $353K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (60.4 tons)
2. Mexico (40.7 tons)

Source: IndexBox Market Intelligence Platform