Price for Rosin; Salts of Rosin or of Resin Acids in Germany - 2023

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Germany (FOB) - 2023
  2. Price for Rosin; Salts of Rosin or of Resin Acids in Germany (CIF) - 2023
  3. Exports of Rosin; Salts of Rosin or of Resin Acids in Germany
  4. Imports of Rosin; Salts of Rosin or of Resin Acids in Germany

Price for Rosin; Salts of Rosin or of Resin Acids in Germany (FOB) - 2023

The average export price for rosin; salts of rosin or of resin acidses stood at $6,409 per ton in November 2023, picking up by 30% against the previous month. Overall, export price indicated temperate growth from November 2022 to November 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for rosin; salts of rosin or of resin acidses increased by +1.9% against August 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 49% m-o-m. Over the period under review, the average export prices attained the maximum in November 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($16,041 per ton), while the average price for exports to the Netherlands ($2,444 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Rosin; Salts of Rosin or of Resin Acids in Germany (CIF) - 2023

The average import price for rosin; salts of rosin or of resin acidses stood at $2,759 per ton in November 2023, falling by -13.7% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 22% month-to-month. As a result, import price attained the peak level of $3,659 per ton. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($2,826 per ton), while the price for France stood at $2,184 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.4%), while the prices for the other major suppliers experienced a decline.

Exports of Rosin; Salts of Rosin or of Resin Acids in Germany

In 2022, overseas shipments of rosin; salts of rosin or of resin acidses were finally on the rise to reach 3.5K tons after two years of decline. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of rosin; salts of rosin or of resin acidses skyrocketed to $16M in 2022. Overall, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rosin; Salts of Rosin or of Resin Acids in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.72.63.75.224.4%
Czech RepublicN/AN/AN/A3.40%
Brazil1.90.93.03.016.4%
China0.50.50.82.058.7%
Serbia1.92.21.71.0-19.3%
Netherlands0.30.20.40.30.0%
United States1.80.5N/AN/A-72.2%
Others1.41.11.51.3-2.4%
Total10.58.011.016.215.6%

Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Germany in 2022:

  1. Czech Republic (1146.0 tons)
  2. India (1130.0 tons)
  3. Serbia (484.0 tons)
  4. China (257.7 tons)
  5. Brazil (212.4 tons)
  6. Netherlands (118.3 tons)

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

In 2022, approx. 5.4K tons of rosin; salts of rosin or of resin acidses were imported into Germany; picking up by 11% compared with the year before. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of rosin; salts of rosin or of resin acidses skyrocketed to $15M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +93.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Rosin; Salts of Rosin or of Resin Acids in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.83.04.77.863.0%
Belgium7.63.95.45.1-12.5%
France0.60.81.51.329.4%
FinlandN/A0.10.10.9200.0%
OthersN/AN/AN/AN/A0%
Total10.07.811.815.014.5%

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

  1. Netherlands (2.8K tons)
  2. Belgium (1.7K tons)
  3. France (0.6K tons)
  4. Finland (0.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Rosin; salts of rosin or of resin acids - Germany