Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan (FOB) - 2023
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan (CIF) - 2023
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan (FOB) - 2023
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,564 per ton in November 2023, leveling off at the previous month. Overall, the export price, however, showed a mild reduction. The pace of growth was the most pronounced in December 2022 an increase of 7.8% month-to-month. As a result, the export price reached the peak level of $3,282 per ton. From January 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($4,973 per ton), while the average price for exports to Indonesia ($1,493 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 Philippines (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan (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 $1,718 per ton, growing by 2.2% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 13% month-to-month. As a result, import price reached the peak level of $2,160 per ton. From January 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,151 per ton), while the price for Taiwan (Chinese) ($1,571 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 China (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan
In 2022, overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -31.5% to 32K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of 48K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses shrank significantly to $94M in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 7.3% against the previous year. As a result, the exports attained the peak of $117M, and then contracted notably in the following year.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.8 | 32.2 | 29.8 | 20.4 | -12.8% |
| Thailand | 8.5 | 8.6 | 10.1 | 9.3 | 3.0% |
| Italy | 5.9 | 9.2 | 9.9 | 7.4 | 7.8% |
| United States | 9.0 | 5.4 | 7.8 | 7.1 | -7.6% |
| Indonesia | 9.2 | 8.3 | 6.8 | 5.9 | -13.8% |
| Taiwan (Chinese) | 8.6 | 7.5 | 7.9 | 5.8 | -12.3% |
| South Korea | 7.2 | 5.5 | 5.0 | 5.2 | -10.3% |
| Austria | 3.2 | 3.1 | 3.1 | 3.7 | 5.0% |
| India | 3.9 | 4.9 | 7.6 | 3.6 | -2.6% |
| Belgium | 2.1 | 4.1 | 3.6 | 3.1 | 13.9% |
| Vietnam | 1.7 | 1.1 | 2.7 | 2.1 | 7.3% |
| Greece | N/A | 1.0 | 0.8 | 1.5 | 22.5% |
| Poland | 0.3 | 0.2 | 0.8 | 1.3 | 63.0% |
| Others | 20.4 | 18.3 | 21.5 | 17.3 | -5.3% |
| Total | 111 | 109 | 117 | 93.7 | -5.5% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Japan in 2022:
- China (6.7K tons)
- Thailand (3.3K tons)
- Italy (2.8K tons)
- Indonesia (2.7K tons)
- Taiwan (Chinese) (1.9K tons)
- India (1.9K tons)
- United States (1.6K tons)
- South Korea (1.5K tons)
- Belgium (1.3K tons)
- Vietnam (0.8K tons)
- Greece (0.7K tons)
- Poland (0.6K tons)
- Austria (0.6K tons)
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan
In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses imported into Japan rose sharply to 21K tons, with an increase of 6.7% compared with 2021. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $41M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 7.7 | 9.6 | 10.8 | 8.7% |
| South Korea | 5.5 | 4.5 | 5.3 | 8.9 | 17.4% |
| Taiwan (Chinese) | 5.4 | 4.8 | 7.5 | 7.6 | 12.1% |
| United States | 5.8 | 5.1 | 5.4 | 6.8 | 5.4% |
| Singapore | 5.1 | 2.3 | 4.7 | 4.1 | -7.0% |
| Netherlands | 2.4 | 2.9 | 1.7 | 1.3 | -18.5% |
| Germany | 1.2 | 1.0 | 1.1 | 0.6 | -20.6% |
| Others | 1.3 | 0.9 | 1.2 | 0.8 | -14.9% |
| Total | 35.0 | 29.1 | 36.5 | 40.9 | 5.3% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Japan in 2022:
- China (6.4K tons)
- South Korea (5.0K tons)
- Taiwan (Chinese) (4.7K tons)
- Singapore (2.4K tons)
- United States (1.9K tons)
- Netherlands (0.4K tons)
- Germany (0.1K tons)
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