**Turpentine Imports Surge in EU as Seasonal Demand Rises**
**Greek Importers Increase Purchases Amid Growing Construction Sector**
• Greek imports of turpentine and terpenic oils rose 12% year-over-year to 5,000 metric tons in June.
• The increase was driven by a 15% expansion in the country’s construction sector, which accounts for over 70% of turpentine demand.
• Average import prices fell 8% to $1,200 per metric ton due to increased supply from major producers.
Greek importers have been taking advantage of favorable market conditions and rising demand from the domestic construction industry. As a result, imports of turpentine and terpenic oils are expected to continue growing in the coming months, driven by seasonally higher demand for wood treatment products.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 15,288 | 75,871 |
| 2021 | 15,713 | 79,172 |
| 2022 | 54,742 | 325,850 |
| 2023 | 14,519 | 65,504 |
| 2024 | 2,254 | 22,580 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Spain | 1,456 | 12,361 |
| Germany | 428 | 7,950 |
| India | 341 | 1,505 |
| Italy | 28 | 736 |
| Austria | 1 | 28 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| India | 6,784 | 43,325 |
| Italy | 6,610 | 11,697 |
| Spain | 658 | 5,599 |
| Germany | 427 | 3,849 |
| Belgium | 25 | 488 |
| Romania | 13 | 396 |
| Bulgaria | 2 | 150 |
