Price for Rosin; Salts of Rosin or of Resin Acids in India - 2023
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in India (CIF) - 2022
- Price for Rosin; Salts of Rosin or of Resin Acids in India (FOB) - 2022
- Imports of Rosin; Salts of Rosin or of Resin Acids in India
- Exports of Rosin; Salts of Rosin or of Resin Acids in India
Price for Rosin; Salts of Rosin or of Resin Acids in India (CIF) - 2022
In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $5,193 per ton, picking up by 19% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rosin; salts of rosin or of resin acidses increased by +44.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($21,767 per ton), while the price for the Netherlands ($3,138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rosin; Salts of Rosin or of Resin Acids in India (FOB) - 2022
The average export price for rosin; salts of rosin or of resin acidses stood at $940 per ton in 2022, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2014 when the average export price increased by 458%. As a result, the export price attained the peak level of $2,127 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($2,943 per ton), while the average price for exports to Iran ($841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rosin; Salts of Rosin or of Resin Acids in India
Imports of rosin; salts of rosin or of resin acidses into India rose significantly to 1K tons in 2022, picking up by 11% on the previous year's figure. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of rosin; salts of rosin or of resin acidses soared to $5.3M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Rosin; Salts of Rosin or of Resin Acids in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,735 | 1,923 | 2,993 | 4,443 | 36.8% |
| Singapore | 103 | 222 | 360 | 513 | 70.8% |
| Belgium | 121 | 208 | 486 | 241 | 25.8% |
| Netherlands | 1,080 | 135 | 95.5 | 62.8 | -61.3% |
| China | 161 | 68.0 | N/A | N/A | -57.8% |
| Others | 434 | 28.0 | 69.3 | 15.0 | -67.4% |
| Total | 3,635 | 2,584 | 4,004 | 5,274 | 13.2% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to India in 2022:
- Germany (914.7 tons)
- Belgium (53.6 tons)
- Singapore (23.6 tons)
- Netherlands (20.0 tons)
Exports of Rosin; Salts of Rosin or of Resin Acids in India
In 2022, approx. 269 tons of rosin; salts of rosin or of resin acidses were exported from India; shrinking by -51.3% compared with 2021 figures. In general, exports showed a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 233%.
In value terms, exports of rosin; salts of rosin or of resin acidses shrank markedly to $253K in 2022. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year.
| Export of Rosin; Salts of Rosin or of Resin Acids in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 537 | N/A | N/A | 199 | -28.2% |
| Bahrain | N/A | N/A | N/A | 32.4 | 0% |
| Russia | N/A | N/A | N/A | 18.1 | 0% |
| Guatemala | N/A | 41.3 | 79.4 | N/A | 92.3% |
| Trinidad and Tobago | 29.5 | 22.5 | N/A | N/A | -23.7% |
| Oman | N/A | N/A | 86.8 | N/A | 0% |
| Egypt | 74.8 | 75.6 | N/A | N/A | 1.1% |
| Mexico | N/A | N/A | 252 | N/A | 0% |
| Others | 52.5 | 11.1 | 36.7 | 3.5 | -59.5% |
| Total | 694 | 150 | 455 | 253 | -28.6% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from India in 2022:
- Iran (237.0 tons)
- Russia (18.0 tons)
- Bahrain (11.0 tons)
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This report provides an in-depth analysis of the market for rosin and resin acids in India.
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This report provides an in-depth analysis of the global market for rosin and resin acids.
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This report provides an in-depth analysis of the market for rosin and resin acids in India.
760
This report provides an in-depth analysis of the global market for rosin and resin acids.
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In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
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In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
679
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
