In 2023, Sweden led European exports of turpentine oils with 34.864 million kilograms, supported by a 16.8% growth from the previous year. Finland and Spain followed with exports reaching 21.172 and 8.063 million kilograms, respectively, each showcasing robust expansions of 7.49% and 11.58%. However, some countries like Germany and the UK experienced reductions, with year-on-year decreases of 2.54% and 22.58%, respectively. Countries like Lithuania and Ireland saw remarkable increases of 43.45% and 82.12%, reflecting potential for growth in niche markets.
Future trends to watch include increasing demand for sustainable products and innovations in pine-derived chemicals which may drive growth in this sector. Potential shifts in global trade policies could also impact export patterns, making market fluctuations noteworthy for stakeholders.
Top countries in Export of Gum, Wood or Sulphate Turpentine Oils, Pine Oil and Other Alike by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 34,864,000 | 2023 | +28.68% | +16.8% | View data |
| 2 | 2 Finland | 21,172,000 | 2023 | +15.62% | +7.49% | View data |
| 3 | 3 Spain | 8,063,000 | 2023 | -7.88% | +11.58% | View data |
| 4 | 4 Portugal | 4,066,500 | 2022 | -100% | -100% | View data |
| 5 | 5 Poland | 3,706,800 | 2023 | +2.04% | +3.15% | View data |
| 6 | 6 Germany | 1,848,600 | 2023 | -2.02% | -2.54% | View data |
| 7 | 7 Austria | 1,725,800 | 2023 | -2.21% | +25.39% | View data |
| 8 | 8 Latvia | 1,338,600 | 2023 | +7.09% | +16.13% | View data |
| 9 | 9 Czechia | 725,910 | 2022 | |||
| 10 | 10 Belgium | 693,540 | 2023 | +0.23% | +7.58% | View data |
