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

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Guatemala (CIF) - 2022
  2. Price for Rosin; Salts of Rosin or of Resin Acids in Guatemala (FOB) - 2022
  3. Imports of Rosin; Salts of Rosin or of Resin Acids in Guatemala
  4. Exports of Rosin; Salts of Rosin or of Resin Acids in Guatemala

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

The average import price for rosin; salts of rosin or of resin acidses stood at $729 per ton in 2022, waning by -21.1% against the previous year. In general, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 89% against the previous year. The import price peaked at $3,848 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,503 per ton), while the price for India totaled $677 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-6.1%).

Price for Rosin; Salts of Rosin or of Resin Acids in Guatemala (FOB) - 2022

In 2020, the average export price for rosin; salts of rosin or of resin acidses amounted to $1,393 per ton, dropping by -7.4% against the previous year. Over the period under review, the export price saw a deep downturn. Over the period under review, the average export prices reached the maximum at $1,504 per ton in 2019, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($1,632 per ton), while the average price for exports to Nicaragua amounted to $84 per ton.

From 2019 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (-94.4%).

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

In 2022, approx. 26 tons of rosin; salts of rosin or of resin acidses were imported into Guatemala; rising by 84% compared with 2021. In general, imports showed a buoyant increase. 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 soared to $19K in 2022. Over the period under review, imports, however, faced a deep slump.

Import of Rosin; Salts of Rosin or of Resin Acids in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India26.611.211.717.5-13.0%
United States4.51.71.41.6-29.2%
OthersN/AN/AN/AN/A0%
Total31.112.913.119.0-15.1%

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

  1. India (25.8 tons)
  2. United States (0.4 tons)

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

In 2020, approx. 1.7 tons of rosin; salts of rosin or of resin acidses were exported from Guatemala; with an increase of 122% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached 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 surged to $2.4K in 2020. In general, exports showed a significant 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 Guatemala (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
El SalvadorN/A2.30%
Nicaragua1.1N/A0%
OthersN/AN/A0%
Total1.12.4118.2%

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

  1. El Salvador (1427.0 kg)
  2. Nicaragua (261.0 kg)

Source: IndexBox Market Intelligence Platform

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