Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland - 2023

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland (CIF) - 2023
  2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland (FOB) - 2022
  3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland
  4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland (CIF) - 2023

In November 2023, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $1,966 per ton, reducing by -39.2% against the previous month. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 109% month-to-month. Over the period under review, average import prices reached the maximum at $4,160 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($4,501 per ton), while the price for China ($1,283 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,506 per ton in 2022, rising by 9.1% against the previous year. In general, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 52%. As a result, the export price reached the peak level of $3,418 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,489 per ton), while the average price for exports to Germany ($844 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 Sweden (+92.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland

Imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Finland surged to 2.7K tons in 2022, jumping by 148% against the previous year. Overall, imports recorded significant growth. 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 skyrocketed to $5.5M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0391,112N/A1,94523.2%
Netherlands10.096.3N/A1,050371.8%
South Korea31124625476935.2%
Germany35730483468824.4%
Denmark22065884238220.2%
Belgium29.571.128217882.1%
France11312814917215.0%
RussiaN/AN/A17.299.8480.2%
Others17625515424010.9%
Total2,2562,8712,5325,52334.8%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Finland in 2022:

  1. China (1562.0 tons)
  2. South Korea (263.3 tons)
  3. Netherlands (250.7 tons)
  4. Germany (222.3 tons)
  5. Denmark (171.9 tons)
  6. Russia (58.2 tons)
  7. Belgium (57.0 tons)
  8. France (50.3 tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland

In 2022, after three years of growth, there was decline in overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, when their volume decreased by -1.4% to 1.1K tons. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 172%.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses rose notably to $2.7M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 314%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3511,4822,1851,84673.9%
SwedenN/AN/A241778222.8%
GermanyN/AN/A11967.2-43.5%
Others14.330.0N/A43.945.3%
Total3651,5122,5452,73695.7%

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Finland in 2022:

  1. Russia (529.3 tons)
  2. Sweden (470.7 tons)
  3. Germany (79.6 tons)

Source: IndexBox Market Intelligence Platform

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