Price for Rosin and Resin Acids in Slovenia - 2023

Price for Rosin and Resin Acids in Slovenia (CIF) - 2022

In 2022, the average rosin and resin acids import price amounted to $2,247 per ton, remaining constant against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rosin and resin acids import price increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63% against the previous year. Over the period under review, average import prices reached the peak figure at $2,370 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,800 per ton), while the price for Vietnam ($933 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rosin and Resin Acids in Slovenia (FOB) - 2022

In 2022, the average rosin and resin acids export price amounted to $4,120 per ton, falling by -5.1% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 333%. As a result, the export price attained the peak level of $9,294 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Croatia.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +5.8% per year.

Imports of Rosin and Resin Acids in Slovenia

In 2022, the amount of rosin and resin acidses imported into Slovenia skyrocketed to 98 tons, rising by 32% on the previous year. Overall, imports, however, continue to indicate a mild shrinkage.

In value terms, rosin and resin acids imports surged to $221K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rosin and Resin Acids in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	43.6	21.6	37.0	71.2	17.8%
Germany	6.6	25.6	31.3	46.8	92.1%
China	14.5	14.1	N/A	40.9	41.3%
Portugal	22.8	41.4	54.5	33.3	13.5%
Poland	4.0	15.7	19.9	21.7	75.7%
Vietnam	N/A	23.0	N/A	0.2	-90.7%
Spain	N/A	N/A	21.5	N/A	0%
Brazil	37.7	N/A	N/A	N/A	0%
Others	11.6	5.4	4.3	7.1	-15.1%
Total	141	147	169	221	16.2%

Top Suppliers of Rosin and Resin Acids to Slovenia in 2022:

Indonesia (38.4 tons)
China (18.0 tons)
Germany (17.0 tons)
Portugal (15.0 tons)
Poland (9.6 tons)
Vietnam (0.2 tons)

Exports of Rosin and Resin Acids in Slovenia

In 2022, approx. 4.8 tons of rosin and resin acidses were exported from Slovenia; shrinking by -31.2% compared with 2021 figures. Overall, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year.

In value terms, rosin and resin acids exports declined rapidly to $20K in 2022. In general, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 48%.