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

Contents:

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

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

The average import price for rosin; salts of rosin or of resin acidses stood at $5,940 per ton in 2022, growing by 51% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $8,468 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($6,242 per ton), while the price for Belgium amounted to $5,328 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+79.3%).

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

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $5,052 per ton, dropping by -4.3% against the previous year. Over the period under review, the export price saw a noticeable decrease. Over the period under review, the average export prices attained the maximum at $5,278 per ton in 2021, and then dropped in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for the UK amounted to -4.1% per year.

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

After three years of growth, supplies from abroad of rosin; salts of rosin or of resin acidses decreased by -46.4% to 121 tons in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 48,626%. As a result, imports attained the peak of 226 tons, and then dropped markedly in the following year.

In value terms, imports of rosin; salts of rosin or of resin acidses fell notably to $719K in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 34,465%. As a result, imports attained the peak of $890K, and then reduced markedly in the following year.

Import of Rosin; Salts of Rosin or of Resin Acids in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/A4595049.8%
BelgiumN/AN/A427213-50.1%
Others1.02.63.62.230.1%
Total1.02.6890719795.9%

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

  1. Argentina (80.8 tons)
  2. Belgium (39.9 tons)

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

Exports of rosin; salts of rosin or of resin acidses from Ireland skyrocketed to 64 tons in 2022, jumping by 56% compared with the previous year's figure. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +55.9% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $321K in 2022. Overall, total exports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +49.2% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Ireland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Kingdom21532149.3%
OthersN/A0.30%
Total21532149.3%

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

  1. United Kingdom (63.4 tons)

Source: IndexBox Market Intelligence Platform

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