In 2023, Indonesia led global exports of gum, wood, or sulphate turpentine oils with a value of 83.369 million USD, followed by Brazil at 80.543 million USD. The U.S. and European countries like Sweden and Portugal also played significant roles. Norway, showing a robust increase of 13.38%, and Canada's substantial 7.28% growth, highlighted notable trends. Conversely, China and Malaysia experienced declines of 11.59% and 15.82%, respectively, showcasing regional disparities.
Trends to watch include potential shifts in production capacities, evolving environmental regulations impacting key exporters, and increased demand from emerging markets, which might reshape the competitive landscape for turpentine oils.
Top countries in Export of Gum, Wood or Sulphate Turpentine Oils by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 83,369,000 | 2023 | +5.69% | +3.49% | View data |
| 2 | 2 Brazil | 80,543,000 | 2023 | +5.29% | +3.18% | View data |
| 3 | 3 United States | 25,091,000 | 2023 | +1.63% | +4.51% | View data |
| 4 | 4 Sweden | 24,090,000 | 2023 | +5.03% | +2.79% | View data |
| 5 | 5 Portugal | 22,561,000 | 2023 | +4.75% | +2.08% | View data |
| 6 | 6 Finland | 19,990,000 | 2023 | +5.11% | +3.47% | View data |
| 7 | 7 Argentina | 11,626,000 | 2023 | +4.2% | +3.22% | View data |
| 8 | 8 Canada | 7,779,000 | 2023 | +1.95% | +7.28% | View data |
| 9 | 9 France | 7,229,600 | 2023 | +6.36% | +1.08% | View data |
| 10 | 10 Spain | 6,913,000 | 2023 | +4.93% | +4.76% | View data |
