Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Tunisia - 2022

Contents:

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

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

In December 2022, the average import price for lac; natural gums, resins, gum-resins and balsamses amounted to $4,234 per ton, growing by 191% against the previous month. In general, the import price recorded strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was India ($11,335 per ton), while the price for Iraq ($1,679 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $713 per ton, declining by -26.4% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2019 an increase of 95%. The export price peaked at $1,397 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Libya.

From 2012 to 2022, the rate of growth in terms of prices for Senegal amounted to +15.3% per year.

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

In 2022, imports of lac; natural gums, resins, gum-resins and balsamses into Tunisia skyrocketed to 1.2K tons, with an increase of 97% against the year before. Over the period under review, imports enjoyed a prominent increase. 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 soared to $1.5M in 2022. In general, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France197N/A21134720.8%
Indonesia95.9N/A68.433151.1%
Sudan80.0N/A54.620637.1%
Egypt102N/A36.614311.9%
Ethiopia51.0N/A37.077.815.1%
Pakistan10.6N/A12.577.193.8%
Iraq7.3N/A18.464.7106.9%
United Arab Emirates67.3N/A252N/A93.5%
Others326N/A141267-6.4%
Total937N/A8331,51417.3%

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

  1. Indonesia (329.5 tons)
  2. Sudan (231.2 tons)
  3. Ethiopia (141.7 tons)
  4. Egypt (97.5 tons)
  5. Iraq (84.9 tons)
  6. France (84.2 tons)
  7. Pakistan (68.0 tons)

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

In 2022, exports of lac; natural gums, resins, gum-resins and balsamses from Tunisia skyrocketed to 5.2 tons, jumping by 40% on the previous year. Overall, exports showed a pronounced increase. 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 expanded to $3.7K in 2022. Over the period under review, exports, however, showed a abrupt decline.

Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya4.1N/A2.73.5-5.1%
FranceN/AN/A0.90.2-77.8%
Others0.8N/A0.1N/A-64.6%
Total4.8N/A3.63.7-8.3%

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

  1. Libya (5.2 tons)
  2. France (0.1 tons)

Source: IndexBox Market Intelligence Platform

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