Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Saudi Arabia - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Saudi Arabia (CIF) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Saudi Arabia
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Saudi Arabia (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,797 per ton in 2021, surging by 5.6% against the previous year. In general, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of 51% against the previous year. As a result, import price reached the peak level of $2,311 per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($2,762 per ton), while the price for Taiwan (Chinese) ($1,273 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Saudi Arabia
After two years of growth, purchases abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -2.9% to 14K tons in 2021. The total import volume increased at an average annual rate of +14.4% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 14K tons, and then fell modestly in the following year.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reached $25M in 2021. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 18%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 5.4 | 7.0 | 10.6 | 40.1% | |
South Korea | 10.4 | 8.5 | 8.7 | -8.5% | |
Netherlands | 1.7 | 1.7 | 1.7 | 0.0% | |
Japan | N/A | 1.6 | 1.6 | 0.0% | |
Germany | 0.9 | 0.6 | 0.8 | -5.7% | |
Taiwan (Chinese) | 0.6 | 0.7 | 0.7 | 8.0% | |
Thailand | 0.9 | 3.1 | N/A | 244.4% | |
Others | 0.4 | 0.7 | 0.6 | 22.5% | |
Total | 20.3 | 24.0 | 24.6 | 10.1% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Saudi Arabia in 2022:
- China (6.2K tons)
- South Korea (4.9K tons)
- Japan (0.9K tons)
- Netherlands (0.8K tons)
- Taiwan (Chinese) (0.6K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the silicates market in Saudi Arabia.
This report provides an in-depth analysis of the global silicates market.
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