Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia - 2023

Contents:

1. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia (CIF) - 2022
2. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia (FOB) - 2022
3. Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia
4. Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia (CIF) - 2022

The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $12,297 per ton in 2022, growing by 53% against the previous year. In general, the import price enjoyed a notable increase. The pace of growth appeared the most rapid in 2016 an increase of 56%. The import price peaked at $16,225 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($42,197 per ton), while the price for France ($3,454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia (FOB) - 2022

The average export price for lac; natural gums, resins, gum-resins and balsamses stood at $40,152 per ton in 2022, jumping by 55% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 219%. The export price peaked at $44,433 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($99,866 per ton), while the average price for exports to Serbia ($8,553 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 Bosnia and Herzegovina (+19.9%).

Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia

Imports of lac; natural gums, resins, gum-resins and balsamses into Croatia surged to 30 tons in 2022, picking up by 34% against 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lac; natural gums, resins, gum-resins and balsamses surged to $369K in 2022. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Croatia in 2022:

1. France (11.5 tons)
2. Germany (5.9 tons)
3. Italy (5.7 tons)
4. United Kingdom (4.0 tons)
5. Slovenia (2.2 tons)

Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Croatia

In 2022, overseas shipments of lac; natural gums, resins, gum-resins and balsamses were finally on the rise to reach 6.2 tons after two years of decline. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lac; natural gums, resins, gum-resins and balsamses skyrocketed to $248K in 2022. Overall, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Croatia in 2022:

1. Bosnia and Herzegovina (5.4 tons)
2. Turkey (0.5 tons)
3. Serbia (0.2 tons)

Source: IndexBox Market Intelligence Platform