Price for Rosin; Salts of Rosin or of Resin Acids in Mexico - 2023
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in Mexico (FOB) - 2022
- Price for Rosin; Salts of Rosin or of Resin Acids in Mexico (CIF) - 2023
- Exports of Rosin; Salts of Rosin or of Resin Acids in Mexico
- Imports of Rosin; Salts of Rosin or of Resin Acids in Mexico
Price for Rosin; Salts of Rosin or of Resin Acids in Mexico (FOB) - 2022
In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $3,948 per ton, jumping by 33% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rosin; salts of rosin or of resin acidses increased by +42.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.0% per year.
Price for Rosin; Salts of Rosin or of Resin Acids in Mexico (CIF) - 2023
In September 2023, the average import price for rosin; salts of rosin or of resin acidses amounted to $2,015 per ton, reducing by -13.6% against the previous month. In general, the import price saw a mild decrease. The pace of growth appeared the most rapid in November 2022 an increase of 4.6% m-o-m. As a result, import price attained the peak level of $2,454 per ton. From December 2022 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -1.4% per month.
Exports of Rosin; Salts of Rosin or of Resin Acids in Mexico
Exports of rosin; salts of rosin or of resin acidses from Mexico contracted notably to 224 tons in 2022, falling by -26.8% on the previous year. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of 306 tons, and then reduced rapidly in the following year.
In value terms, exports of rosin; salts of rosin or of resin acidses fell to $886K in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $908K, and then reduced modestly in the following year.
| Export of Rosin; Salts of Rosin or of Resin Acids in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 722 | 670 | 839 | 873 | 6.5% |
| Canada | N/A | N/A | 62.3 | N/A | 0% |
| Others | 6.8 | 6.7 | 6.9 | 12.8 | 23.5% |
| Total | 729 | 677 | 908 | 886 | 6.7% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Mexico in 2022:
- United States (222.7 tons)
Imports of Rosin; Salts of Rosin or of Resin Acids in Mexico
In 2022, approx. 316 tons of rosin; salts of rosin or of resin acidses were imported into Mexico; rising by 31% against the previous year's figure. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of 379 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 soared to $743K in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.9% against 2020 indices.
| Import of Rosin; Salts of Rosin or of Resin Acids in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 586 | 735 | 322 | 743 | 8.2% |
| Germany | 15.8 | 17.8 | 10.8 | N/A | -17.3% |
| India | 15.5 | 21.4 | 31.0 | N/A | 41.4% |
| Brazil | 49.2 | 26.0 | 37.0 | N/A | -13.3% |
| Others | 37.1 | 34.0 | 31.1 | N/A | -8.4% |
| Total | 703 | 835 | 432 | 743 | 1.9% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Mexico in 2022:
- United States (315.7 tons)
344
This report provides an in-depth analysis of the market for rosin and resin acids in Mexico.
787
This report provides an in-depth analysis of the global market for rosin and resin acids.
344
This report provides an in-depth analysis of the market for rosin and resin acids in Mexico.
787
This report provides an in-depth analysis of the global market for rosin and resin acids.
274
As of June 2023, the price of Rosin and Resin Acids reached $2,846 per ton (CIF, Mexico), showing a 4.6% increase compared to the previous month.
705
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
717
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
274
As of June 2023, the price of Rosin and Resin Acids reached $2,846 per ton (CIF, Mexico), showing a 4.6% increase compared to the previous month.
705
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
717
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
