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

Contents:

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

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

The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $5,021 per ton in 2022, shrinking by -3.5% against the previous year. In general, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66% against the previous year. As a result, import price reached the peak level of $5,204 per ton, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +7.3% per year.

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

In 2022, the amount of terpenic oils; gum, wood or sulphate turpentine oilses imported into Morocco dropped rapidly to 76 tons, falling by -37.2% against 2021. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. As a result, imports reached the peak of 120 tons, and then reduced notably in the following year.

In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses shrank markedly to $379K in 2022. Over the period under review, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 165%. As a result, imports reached the peak of $626K, and then dropped dramatically in the following year.

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

1. Portugal (75.4 tons)

Source: IndexBox Market Intelligence Platform