In 2023, the import value of gum, wood, or sulphate turpentine to the US was USD 18.59 million. The forecasted data from 2024 indicates a steady increase, growing from USD 18.964 million to USD 20.387 million by 2028. The year-on-year percentage increase from 2024 to 2025 is 1.94%, while from 2025 to 2026, it is 1.86%. From 2026 to 2027, the increase is 1.78%, and from 2027 to 2028, it rises by 1.72%. Over the five-year forecast period, the compound annual growth rate (CAGR) is 1.79%.

Future trends to watch for:

The influence of international trade agreements on tariff rates.
Technological advancements impacting production and supply chain efficiencies.
Changes in demand driven by shifts in consumer preferences for natural products.
Environmental policies affecting sourcing and regulation of turpentine imports.