Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany (CIF) - 2023
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany (FOB) - 2023
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany (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 $2,216 per ton, approximately equating the previous month. In general, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in February 2023 when the average import price increased by 6.4% month-to-month. As a result, import price reached the peak level of $2,599 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($2,650 per ton), while the price for Poland ($1,436 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 Belgium (-0.0%), while the prices for the other major suppliers experienced a decline.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany (FOB) - 2023
In November 2023, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,805 per ton, picking up by 8.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices attained the peak figure at $3,184 per ton in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($3,656 per ton), while the average price for exports to Belgium ($1,562 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany
In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Germany dropped significantly to 72K tons, which is down by -17.2% compared with the year before. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1.7%.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses shrank modestly to $175M in 2022. Over the period under review, imports saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 4.8%.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 36.2 | 56.1 | 56.1 | 50.7 | 11.9% |
| France | 62.4 | 63.6 | 56.5 | 50.7 | -6.7% |
| Belgium | 2.6 | 6.1 | 15.9 | 25.1 | 112.9% |
| South Korea | 31.4 | 22.3 | 16.9 | 17.9 | -17.1% |
| China | 15.0 | 7.7 | 11.6 | 7.7 | -19.9% |
| Estonia | 3.5 | 3.1 | 6.3 | 7.5 | 28.9% |
| Poland | 0.2 | 2.9 | 4.4 | 3.5 | 159.6% |
| United States | 19.0 | 1.4 | 1.8 | 2.3 | -50.5% |
| Others | 18.6 | 11.3 | 13.3 | 9.8 | -19.2% |
| Total | 189 | 175 | 183 | 175 | -2.5% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Germany in 2022:
- Netherlands (20.8K tons)
- France (17.8K tons)
- Belgium (10.6K tons)
- South Korea (8.2K tons)
- Estonia (4.5K tons)
- China (4.1K tons)
- Poland (2.2K tons)
- United States (0.6K tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany
In 2022, after three years of growth, there was significant decline in overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, when their volume decreased by -16.7% to 38K tons. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 16% against the previous year.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses declined to $108M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $111M, and then fell slightly in the following year.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.6 | 8.8 | 11.2 | 11.1 | 5.0% |
| Hungary | 6.0 | 8.1 | 8.1 | 9.3 | 15.7% |
| Slovakia | 1.2 | 0.9 | 3.2 | 8.6 | 92.8% |
| Italy | 8.4 | 9.9 | 10.8 | 7.6 | -3.3% |
| United States | 5.4 | 6.1 | 6.8 | 6.9 | 8.5% |
| China | 3.7 | 4.7 | 3.9 | 5.2 | 12.0% |
| Mexico | 2.1 | 4.7 | 5.8 | 5.0 | 33.5% |
| Spain | 3.7 | 2.5 | 5.6 | 4.7 | 8.3% |
| Poland | 4.3 | 3.2 | 5.5 | 4.2 | -0.8% |
| Turkey | 2.6 | 3.2 | 4.0 | 4.0 | 15.4% |
| Russia | 3.6 | 4.2 | 5.7 | 4.0 | 3.6% |
| Netherlands | 3.8 | 5.8 | 7.5 | 3.9 | 0.9% |
| Romania | 1.0 | 0.8 | 1.3 | 2.8 | 40.9% |
| Others | 28.1 | 27.5 | 31.2 | 30.5 | 2.8% |
| Total | 83.6 | 90.3 | 111 | 108 | 8.9% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Germany in 2022:
- Hungary (4.5K tons)
- France (4.1K tons)
- Italy (3.0K tons)
- Slovakia (2.7K tons)
- United States (2.4K tons)
- China (1.8K tons)
- Spain (1.7K tons)
- Turkey (1.5K tons)
- Netherlands (1.5K tons)
- Poland (1.5K tons)
- Mexico (1.4K tons)
- Russia (1.3K tons)
- Romania (1.0K tons)
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