Russian Federation - Rosin And Resin Acids And Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Rosin and Resin Acids in Russia - 2022
Contents:
- Price for Rosin and Resin Acids in Russia (CIF) - 2022
- Price for Rosin and Resin Acids in Russia (FOB) - 2022
- Imports of Rosin and Resin Acids in Russia
- Exports of Rosin and Resin Acids in Russia
Price for Rosin and Resin Acids in Russia (CIF) - 2022
The average rosin and resin acids import price stood at $1,786 per ton in 2022, shrinking by -4.8% against the previous year. Over the period under review, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14%. As a result, import price reached the peak level of $2,540 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Portugal ($1,904 per ton) and Belarus ($1,893 per ton), while the price for Indonesia ($1,415 per ton) and Sweden ($1,693 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Rosin and Resin Acids in Russia (FOB) - 2022
The average rosin and resin acids export price stood at $1,355 per ton in January 2022, shrinking by -4.9% against the previous month. In general, export price indicated a pronounced increase from January 2021 to January 2022: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, rosin and resin acids export price decreased by -4.9% against December 2021 indices. The growth pace was the most rapid in June 2021 when the average export price increased by 66% month-to-month. As a result, the export price attained the peak level of $1,570 per ton. From July 2021 to January 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In January 2022, the country with the highest price was Ukraine ($7,983 per ton), while the average price for exports to China ($704 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rosin and Resin Acids in Russia
In 2022, imports of rosin and resin acids and derivatives into Russia expanded modestly to 14K tons, rising by 4.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, imports reached the peak of 15K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, rosin and resin acids imports declined slightly to $25M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +52.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%.
Import of Rosin and Resin Acids in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.4 | 4.1 | 10.6 | 13.6 | 78.3% |
Belarus | 6.5 | 12.7 | 6.6 | 4.8 | -9.6% |
Finland | 1.9 | 2.3 | 2.3 | 2.7 | 12.4% |
Sweden | 1.3 | 1.2 | 1.4 | 1.3 | 0.0% |
Indonesia | 0.9 | 0.8 | 0.8 | 0.7 | -8.0% |
Portugal | 0.7 | 0.6 | 1.0 | 0.6 | -5.0% |
China | 0.5 | 0.7 | 0.4 | 0.5 | 0.0% |
Vietnam | 0.5 | 1.0 | 0.5 | N/A | 0.0% |
Others | 1.6 | 1.3 | 1.3 | 0.8 | -20.6% |
Total | 16.4 | 24.8 | 25.1 | 24.9 | 14.9% |
Top Suppliers of Rosin and Resin Acids to Russia in 2022:
- Brazil (7.7K tons)
- Belarus (2.5K tons)
- Finland (1.5K tons)
- Sweden (0.8K tons)
- Indonesia (0.5K tons)
- Portugal (0.3K tons)
- China (0.3K tons)
Exports of Rosin and Resin Acids in Russia
In 2022, after two years of decline, there was growth in overseas shipments of rosin and resin acids and derivatives, when their volume increased by 2.2% to 4.9K tons. Over the period under review, exports, however, recorded a noticeable descent.
In value terms, rosin and resin acids exports dropped to $4.8M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of $5.6M, and then fell in the following year.
Export of Rosin and Resin Acids in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 1.5 | 0.8 | 3.3 | 4.2 | 40.9% |
China | 2.3 | 2.8 | 1.6 | 0.6 | -36.1% |
India | 0.4 | 0.1 | N/A | N/A | -75.0% |
Others | 0.7 | 0.5 | 0.7 | N/A | 0.0% |
Total | 4.9 | 4.1 | 5.6 | 4.8 | -0.7% |
Top Export Markets for Rosin and Resin Acids from Russia in 2022:
- Belarus (3.7K tons)
- China (1.2K tons)
This report provides an in-depth analysis of the market for rosin and resin acids in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147150 - Rosin and resin acids, and derivatives, rosin spirit and oils, r un gums
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for rosin and resin acids in the Russian Federation.
This report provides an in-depth analysis of the global market for rosin and resin acids.
This report provides an in-depth analysis of the market for rosin and resin acids in the Russian Federation.
This report provides an in-depth analysis of the global market for rosin and resin acids.
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...
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...
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...
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...