Price for Rosin and Resin Acids in Brazil - 2023
Contents:
- Price for Rosin and Resin Acids in Brazil (FOB) - 2023
- Price for Rosin and Resin Acids in Brazil (CIF) - 2022
- Exports of Rosin and Resin Acids in Brazil
- Imports of Rosin and Resin Acids in Brazil
Price for Rosin and Resin Acids in Brazil (FOB) - 2023
In July 2023, the average rosin and resin acids export price amounted to $1,085 per ton, remaining stable against the previous month. Over the period under review, the export price saw a pronounced curtailment. As a result, the export price reached the peak level of $1,776 per ton. From August 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to the United States ($1,187 per ton) and Germany ($1,112 per ton), while the average price for exports to Pakistan ($948 per ton) and Spain ($1,030 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.7%), while the prices for the other major destinations experienced a decline.
Price for Rosin and Resin Acids in Brazil (CIF) - 2022
The average rosin and resin acids import price stood at $2,285 per ton in 2022, with a decrease of -7.1% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 176%. As a result, import price attained the peak level of $5,325 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,839 per ton), while the price for Argentina ($1,276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced a decline.
Exports of Rosin and Resin Acids in Brazil
In 2022, shipments abroad of rosin and resin acidses decreased by -19.7% to 74K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 7.7% against the previous year. As a result, the exports reached the peak of 97K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, rosin and resin acids exports dropped slightly to $132M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +64.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports attained the peak of $133M, leveling off in the following year.
| Export of Rosin and Resin Acids in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 18.3 | 12.2 | 22.5 | 27.5 | 14.5% |
| Spain | 11.7 | 7.0 | 17.2 | 26.7 | 31.7% |
| Japan | 9.7 | 8.5 | 13.1 | 17.7 | 22.2% |
| Turkey | 5.0 | 3.6 | 10.7 | 10.0 | 26.0% |
| India | 10.4 | 8.4 | 15.6 | 9.1 | -4.4% |
| United States | 1.8 | 3.1 | 4.9 | 8.0 | 64.4% |
| Netherlands | 3.2 | 2.6 | 3.4 | 5.9 | 22.6% |
| Greece | 1.4 | 1.1 | 2.8 | 4.7 | 49.7% |
| France | 1.5 | 0.2 | 2.7 | 4.7 | 46.3% |
| Germany | 2.0 | 1.6 | 5.4 | 4.1 | 27.0% |
| South Africa | 1.0 | 1.0 | 2.0 | 2.4 | 33.9% |
| Pakistan | 1.3 | 1.8 | 4.6 | 2.0 | 15.4% |
| China | 10.6 | 20.3 | 10.0 | 0.5 | -63.9% |
| Others | 7.5 | 9.1 | 18.5 | 9.1 | 6.7% |
| Total | 85.4 | 80.4 | 133 | 132 | 15.6% |
Top Export Markets for Rosin and Resin Acids from Brazil in 2022:
- Portugal (15.8K tons)
- Spain (15.2K tons)
- Japan (9.7K tons)
- Turkey (5.8K tons)
- India (4.9K tons)
- United States (4.2K tons)
- Netherlands (3.2K tons)
- France (2.8K tons)
- Greece (2.6K tons)
- Germany (2.3K tons)
- South Africa (1.3K tons)
- Pakistan (1.2K tons)
- China (0.3K tons)
Imports of Rosin and Resin Acids in Brazil
In 2022, after two years of decline, there was significant growth in overseas purchases of rosin and resin acidses, when their volume increased by 27% to 206 tons. In general, imports, however, saw a mild decline.
In value terms, rosin and resin acids imports surged to $470K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, imports reached the peak of $552K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Rosin and Resin Acids in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 108 | 110 | 142 | 212 | 25.2% |
| United States | 180 | 416 | 218 | 200 | 3.6% |
| Ireland | 14.5 | 21.7 | 35.6 | 49.8 | 50.9% |
| Others | 5.7 | 3.4 | 2.7 | 8.1 | 12.4% |
| Total | 308 | 552 | 399 | 470 | 15.1% |
Top Suppliers of Rosin and Resin Acids to Brazil in 2022:
- Argentina (166.0 tons)
- United States (25.5 tons)
- Ireland (13.0 tons)
561
This report provides an in-depth analysis of the market for rosin and resin acid and derivative in Brazil.
811
This report provides an in-depth analysis of the global market for rosin and resin acid and derivative.
561
This report provides an in-depth analysis of the market for rosin and resin acid and derivative in Brazil.
811
This report provides an in-depth analysis of the global market for rosin and resin acid and derivative.
723
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
732
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
723
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
732
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
