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From 2017 to 2023, the growth of Alkyd Resins exports failed to regain momentum, with exports plummeting to $101M in 2023.
In 2019, Alkyd Resins exports reached a record high of 29K tons, but failed to regain momentum from 2020 to 2023. By 2023, the value of exports had expanded to $69M.
Alkyd Resins imports peaked at 13K tons in 2013, but declined to a lower figure from 2014 to 2023. In terms of value, imports sharply contracted to $13M in 2023.
From April 2023 to January 2024, the exports of Alkyd Resins failed to regain momentum, with the value decreasing significantly to $2.4M in January 2024.
The import growth of Alkyd Resins remained low from February 2023 to October 2023. In terms of value, imports of Alkyd Resins declined slightly to $2.9M in October 2023.
The rate of expansion was most notable in March 2023, experiencing a month-on-month growth of 220%. However, in terms of value, the exports of Alkyd Resins witnessed a significant decline to $348K in September 2023.
The export growth of Alkyd Resins from April 2023 to July 2023 remained at a lower figure. In terms of value, Alkyd Resins exports contracted slightly to $7.9M in July 2023.
The price of Alkyd Resins in South Africa was $1,915 per ton (FOB) in July 2023, showing a decline of -7.5% compared to the previous month.
In terms of value, imports of Alkyd Resins surged to $1.1M in June 2023.
In March 2023, the alkyd resins price amounted to $3,090 per ton (CIF, Spain), increasing by 1.7% against the previous month.
In February 2023, the alkyd resins price stood at $1,946 per ton (CIF, Qatar), picking up by 6% against the previous month.
In December 2022, the alkyd resins price was $3,949 per ton FOB Mexico, a decrease of -3.7% compared to the previous month.