Terpenic oil trade by country: top importers, exporters and prices
World trade in terpenic oil was worth $83.5 million in 2024, about 23.0 thousand tonnes. That is an increase of 13% since 2017, and down 5% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $83.5M | 23.0K t |
| 2023 | $87.6M | 24.7K t |
| 2022 | $109.4M | 29.5K t |
| 2021 | $113.1M | 29.4K t |
| 2020 | $117.6M | 34.1K t |
| 2019 | $138.3M | 32.4K t |
| 2018 | $107.7M | 29.0K t |
| 2017 | $73.9M | 24.2K t |
Top terpenic oil exporting countries
Exports are led by India (22%), the United States (18%) and China (18%). 79 countries reported exports, and the top three account for 59%.
| Exporter | Value | Share |
|---|---|---|
| India | $18.7M | 22% |
| United States | $15.4M | 19% |
| China | $15.1M | 18% |
| Brazil | $14.1M | 17% |
| France | $4.2M | 5% |
| Belgium | $2.5M | 3% |
| United Arab Emirates | $1.5M | 1.8% |
| Spain | $1.5M | 1.8% |
| Germany | $1.4M | 1.7% |
| South Africa | $1.4M | 1.6% |
| Nepal | $1.3M | 1.6% |
| Netherlands | $860K | 1% |
Top importing countries and buyer markets
India is the biggest buyer with 11% of world imports, ahead of South Africa and Indonesia. Demand is spread widely: the top three take 25% across 159 importing countries.
| Importer | Value | Share |
|---|---|---|
| India | $9.3M | 11% |
| South Africa | $6.6M | 7.9% |
| Indonesia | $5.0M | 6% |
| Spain | $4.8M | 5.7% |
| United Kingdom | $4.7M | 5.6% |
| China | $4.2M | 5% |
| United States | $3.1M | 3.7% |
| United Arab Emirates | $2.9M | 3.5% |
| Netherlands | $2.9M | 3.4% |
| Mexico | $2.8M | 3.3% |
| Saudi Arabia | $2.8M | 3.3% |
| Colombia | $2.1M | 2.6% |
Average price per kg
The world average declared value was about $3.63 per kg in 2024. Among the main exporters, Spain averaged $6.25 per kg and the United Arab Emirates $1.61 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Terpenic oil (HS 3805.90) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 3805.90: Terpenic oils: produced by the treatment of coniferous woods, crude dipentene, sulphite turpentine and other crude para-cymene, n.e.c. in heading no. 3805. HS 3805 codes.
Common questions
Which countries export the most terpenic oil?
India exported $18.7 million in 2024, 22% of the world total, followed by the United States (18%) and China (18%). In all, 79 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most terpenic oil?
India imported $9.3 million in 2024, 11% of world imports, ahead of South Africa (8%) and Indonesia (6%). The top three importers together take 25%. Each country with its own page is linked from the table.
How big is the world trade in terpenic oil?
It was worth $83.5 million in 2024, about 23.0 thousand tonnes. That is an increase of 13% since 2017. The peak year was 2019 at $138.3 million. 79 countries reported exports and 159 reported imports.
What is the average price of terpenic oil per kg?
The world average declared value was about $3.63 per kg in 2024. Among the main exporters, Spain averaged $6.25 per kg and the United Arab Emirates $1.61 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for terpenic oil?
The HS code for terpenic oil is subheading 3805.90, in chapter 38 (chemical products n.e.c.). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 3805 page.
How can I find terpenic oil buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading terpenic oil, from direct customs feeds and mirror data. Tell us your markets to see them live.
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