Price for Rosin; Salts of Rosin or of Resin Acids in Switzerland - 2024

Contents:

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

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

The average import price for rosin; salts of rosin or of resin acidses stood at $3,399 per ton in 2022, increasing by 7.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2020 an increase of 34% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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 Germany ($5,077 per ton), while the price for Italy ($1,909 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $15,072 per ton, picking up by 29% against the previous year. Overall, the export price enjoyed a significant increase. The growth pace was the most rapid in 2015 when the average export price increased by 46% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($15,450 per ton), while the average price for exports to Germany stood at $5,625 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+11.4%).

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

In 2022, purchases abroad of rosin; salts of rosin or of resin acidses increased by 31% to 31 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp downturn.

In value terms, imports of rosin; salts of rosin or of resin acidses soared to $104K in 2022. In general, imports, however, showed a dramatic descent.

Import of Rosin; Salts of Rosin or of Resin Acids in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.75.63.142.870.1%
Germany15.92.81.838.634.4%
Italy4.91.00.522.466.0%
Belgium28250.730.1N/A-67.3%
Portugal21446.232.8N/A-60.9%
Others41.010.55.40.1-86.5%
Total56611773.7104-43.1%

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

  1. Italy (11.7 tons)
  2. France (11.2 tons)
  3. Germany (7.6 tons)

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

In 2022, the amount of rosin; salts of rosin or of resin acidses exported from Switzerland declined dramatically to 208 kg, which is down by -16.5% compared with 2021. Over the period under review, exports saw a abrupt curtailment.

In value terms, exports of rosin; salts of rosin or of resin acidses expanded remarkably to $3.1K in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. 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 Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2.42.62.93.18.9%
Germany0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total2.52.72.93.17.4%

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

  1. Austria (200.0 kg)
  2. Germany (8.0 kg)

Source: IndexBox Market Intelligence Platform

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