Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Russia - 2022

Contents:

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

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

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,198 per ton in 2022, surging by 3.2% against the previous year. Overall, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 6.7% against the previous year. Over the period under review, average import prices attained the maximum at $2,577 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Finland ($3,384 per ton), while the price for Taiwan (Chinese) ($1,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), 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 Russia (FOB) - 2022

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $1,098 per ton, growing by 33% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,349 per ton), while the average price for exports to Ukraine ($831 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 Estonia (+31.8%), 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 Russia

After three years of growth, overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -7.9% to 13K tons in 2022. The total import volume increased at an average annual rate of +8.5% 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 imports increased by 20%. As a result, imports attained the peak of 14K tons, and then contracted in the following year.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses dropped to $29M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $31M, and then dropped slightly in the following year.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.64.05.59.940.1%
Germany3.64.25.74.03.6%
Finland0.41.52.21.865.1%
South Korea1.21.01.11.57.7%
Estonia1.00.80.91.411.9%
TurkeyN/AN/AN/A0.80%
Taiwan (Chinese)0.90.90.90.5-17.8%
Netherlands0.91.30.90.1-51.9%
Others9.110.413.59.20.4%
Total20.624.030.729.212.3%

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

  1. China (6.2K tons)
  2. Germany (1.3K tons)
  3. Estonia (0.9K tons)
  4. Finland (0.5K tons)
  5. South Korea (0.5K tons)
  6. Taiwan (Chinese) (0.4K tons)
  7. Turkey (0.3K tons)

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

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 -39.3% to 11K tons. Over the period under review, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of 18K tons, and then fell significantly in the following year.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses fell markedly to $12M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports reached the peak of $15M, and then reduced sharply in the following year.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8322,7594,2922,1475.4%
Poland1,7261,9783,7342,1357.3%
SpainN/A2.41.69921933.1%
Italy5332454555792.8%
France2.796.4N/A569495.1%
Kazakhstan73.860.796.921041.7%
Uzbekistan71.762.311319639.8%
Ukraine8386181,087151-43.5%
Belarus431371N/AN/A-13.9%
Others2,7362,7594,8824,87621.2%
Total8,2458,95114,66211,85612.9%

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

  1. Poland (2.2K tons)
  2. Germany (1.8K tons)
  3. Spain (0.8K tons)
  4. Italy (0.5K tons)
  5. France (0.4K tons)
  6. Ukraine (0.2K tons)
  7. Uzbekistan (0.2K tons)
  8. Kazakhstan (0.2K tons)

Source: IndexBox Market Intelligence Platform

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