France dominates the European import market for gum, wood or sulphate turpentine oils, pine oil, and similar products, accounting for 71.54% of the total. It experienced a significant year-on-year growth of 101.78% in 2023, indicating a dynamic increase in demand or import activities. Other notable contributors include Spain and Germany, although their market shares are significantly smaller, at 6.81% and 2.75%, respectively. Germany showed a slight decline of 0.36% in the same year. Notable growth was also observed in Hungary and Slovakia with increases of 34.64% and 46.6%, respectively.
Future trends to watch include potential continued growth in demand from France, likely driven by its industrial needs. Countries like Hungary, Slovakia, and Estonia show strong upward trends, which could indicate an increasing future market presence. Conversely, countries like Italy and Poland, which have experienced declines, may undergo strategic changes in their import behaviors. Monitoring these trends can provide insights into shifts in the European market and potential new growth areas.
Top countries in Import of Gum, Wood or Sulphate Turpentine Oils, Pine Oil and Other Alike Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 71.54 | 2023 | +1.75% | +101.78% | View data |
| 2 | 2 Spain | 6.81 | 2023 | +13.69% | +6.27% | View data |
| 3 | 3 Germany | 2.75 | 2023 | +1.55% | -0.36% | View data |
| 4 | 4 Finland | 2.57 | 2023 | +6.39% | +11.32% | View data |
| 5 | 5 United Kingdom | 2.05 | 2023 | -5.87% | -5.06% | View data |
| 6 | 6 Portugal | 1.33 | 2023 | +10.63% | +0.94% | View data |
| 7 | 7 Netherlands | 1.16 | 2023 | +3.84% | -4.14% | View data |
| 8 | 8 Belgium | 0.86 | 2023 | -0.72% | -4.77% | View data |
| 9 | 9 Hungary | 0.58 | 2023 | +6.11% | +34.64% | View data |
| 10 | 10 Denmark | 0.32 | 2023 | +5.79% | +14.14% | View data |
