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

Contents:

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

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

The average import price for rosin; salts of rosin or of resin acidses stood at $867 per ton in 2022, with a decrease of -8.8% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 1.6% against the previous year. Over the period under review, average import prices hit record highs at $1,950 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +17.5% per year.

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

In 2022, imports of rosin; salts of rosin or of resin acidses into Luxembourg declined rapidly to 15 kg, with a decrease of -25% on the previous year's figure. In general, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 300% against the previous year.

In value terms, imports of rosin; salts of rosin or of resin acidses shrank markedly to $13 in 2022. Overall, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 280% against the previous year.

Import of Rosin; Salts of Rosin or of Resin Acids in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium55.05.019.013.0-38.2%
Germany886N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9415.019.013.0-76.0%

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

  1. Belgium (15.0 kg)

Source: IndexBox Market Intelligence Platform

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