Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Israel - 2024

Contents:

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

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

In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,472 per ton, picking up by 17% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The import price peaked at $2,979 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2,472 per ton) and Italy ($2,472 per ton), while the price for the UK ($2,472 per ton) and South Korea ($2,472 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%), 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 Israel (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,546 per ton in 2022, with a decrease of -4.5% against the previous year. In general, the export price showed a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 68%. As a result, the export price attained the peak level of $3,543 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($4,795 per ton), while the average price for exports to Hong Kong SAR ($514 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 India (-2.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Israel dropped to 874 tons, with a decrease of -8% compared with 2021. In general, imports recorded a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 47%.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses expanded markedly to $2.2M in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.3% 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 +67.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 56%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,0044457051,60817.0%
Germany99.215514315816.8%
Italy55.919024814437.1%
United Kingdom94.161.639.11156.9%
United States66.120.376.758.0-4.3%
Belgium43.638.342.658.010.0%
Thailand290126262N/A-5.0%
Others42625349820.0-63.9%
Total2,0791,2882,0142,1611.3%

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

  1. South Korea (650.5 tons)
  2. Germany (63.9 tons)
  3. Italy (58.3 tons)
  4. United Kingdom (46.5 tons)
  5. United States (23.5 tons)
  6. Belgium (23.5 tons)

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

In 2022, shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -16% to 2.2 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports attained the peak of 60 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses contracted remarkably to $5.6K in 2022. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, the exports reached the peak of $145K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1021163.22.6-70.6%
India7.38.50.20.2-69.9%
Portugal9.78.60.10.1-78.2%
United States4.04.40.10.1-70.8%
Hong Kong SAR6.66.50.10.1-75.3%
Others0.31.43.32.6105.4%
Total1301457.05.6-64.9%

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

  1. Thailand (1520.0 kg)
  2. Hong Kong SAR (218.0 kg)
  3. United States (153.0 kg)
  4. Portugal (143.0 kg)
  5. India (39.0 kg)

Source: IndexBox Market Intelligence Platform

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