Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ethiopia - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ethiopia (CIF) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ethiopia
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ethiopia (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,575 per ton in 2022, picking up by 22% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $1,853 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Italy ($2,356 per ton), while the price for India ($1,371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ethiopia
In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses imported into Ethiopia skyrocketed to 409 tons, jumping by 19% against the year before. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $644K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.8 | 53.4 | 93.9 | 296 | 95.2% |
| Turkey | N/A | N/A | N/A | 280 | 0% |
| India | 26.1 | 48.0 | 64.2 | 48.9 | 23.3% |
| Italy | 35.0 | 33.5 | 41.5 | 20.0 | -17.0% |
| South Korea | 150 | 147 | 81.6 | N/A | -26.2% |
| France | 98.0 | 88.4 | 105 | N/A | 3.5% |
| United Arab Emirates | 20.3 | 10.2 | 11.4 | N/A | -25.1% |
| Others | 7.6 | 12.7 | 46.0 | N/A | 146.0% |
| Total | 377 | 393 | 443 | 644 | 19.5% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Ethiopia in 2022:
- Turkey (193.7 tons)
- China (171.2 tons)
- India (35.6 tons)
- Italy (8.5 tons)
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