Price for Rosin; Salts of Rosin or of Resin Acids in Ecuador - 2022

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Ecuador (CIF) - 2022
  2. Imports of Rosin; Salts of Rosin or of Resin Acids in Ecuador

Price for Rosin; Salts of Rosin or of Resin Acids in Ecuador (CIF) - 2022

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $11,558 per ton, surging by 422% against the previous year. In general, the import price continues to indicate notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -17.4% per year.

Imports of Rosin; Salts of Rosin or of Resin Acids in Ecuador

In 2022, overseas purchases of rosin; salts of rosin or of resin acidses decreased by -99.8% to 165 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 243% against the previous year. As a result, imports attained the peak of 171 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rosin; salts of rosin or of resin acidses fell dramatically to $1.9K in 2022. Overall, imports saw a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 132% against the previous year. As a result, imports reached the peak of $377K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rosin; Salts of Rosin or of Resin Acids in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A1.90%
Colombia4.64.52.2N/A-30.8%
United States158372187N/A8.8%
Others0.20.20.1N/A-29.3%
Total1623771901.9-77.3%

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Ecuador in 2022:

  1. Mexico (165.0 kg)

Source: IndexBox Market Intelligence Platform

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