Slovenia: Market for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike 2024

Market Size for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Slovenia

The Slovene gum or wood oils market was estimated at $X in 2022, increasing by X% against the previous year. Over the period under review, consumption posted a notable expansion. Gum or wood oils consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Slovenia

In value terms, gum or wood oils production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Gum or wood oils production peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike

Exports from Slovenia

In 2022, the amount of gum, wood or sulphate turpentine oils, pine oil and other alike exported from Slovenia skyrocketed to X tons, rising by X% against the previous year's figure. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gum or wood oils exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for gum or wood oils exports from Slovenia, accounting for a X% share of total exports. Moreover, gum or wood oils exports to Serbia exceeded the volume sent to the second major destination, Croatia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Serbia stood at X%.

In value terms, Serbia ($X) emerged as the key foreign market for gum, wood or sulphate turpentine oils, pine oil and other alike exports from Slovenia, comprising X% of total exports. The second position in the ranking was taken by Croatia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Serbia amounted to X%.

Export Prices by Country

The average gum or wood oils export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Croatia totaled $X per ton.

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

Imports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike

Imports into Slovenia

In 2022, after three years of growth, there was significant decline in overseas purchases of gum, wood or sulphate turpentine oils, pine oil and other alike, when their volume decreased by X% to X tons. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, gum or wood oils imports reduced sharply to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest gum or wood oils supplier to Slovenia, accounting for a X% share of total imports. Moreover, gum or wood oils imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

In value terms, the largest gum or wood oils suppliers to Slovenia were Germany ($X), Belgium ($X) and France ($X), together comprising X% of total imports.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average gum or wood oils import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gum or wood oils import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform