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

Contents:

1. Price for Rosin; Salts of Rosin or of Resin Acids in the Netherlands (FOB) - 2022
2. Price for Rosin; Salts of Rosin or of Resin Acids in the Netherlands (CIF) - 2023
3. Exports of Rosin; Salts of Rosin or of Resin Acids in the Netherlands
4. Imports of Rosin; Salts of Rosin or of Resin Acids in the Netherlands

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

The average export price for rosin; salts of rosin or of resin acidses stood at $2,820 per ton in 2022, jumping by 17% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 +75.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($3,412 per ton) and France ($3,042 per ton), while the average price for exports to Germany ($2,679 per ton) and the Czech Republic ($2,796 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Rosin; Salts of Rosin or of Resin Acids in the Netherlands (CIF) - 2023

In October 2023, the average import price for rosin; salts of rosin or of resin acidses amounted to $3,456 per ton, reducing by -29% against the previous month. Over the period under review, import price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for rosin; salts of rosin or of resin acidses increased by +25.1% against August 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 98% against the previous month. As a result, import price reached the peak level of $5,659 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Portugal ($4,258 per ton) and France ($3,600 per ton), while the price for Spain ($3,098 per ton) and Germany ($3,235 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Rosin; Salts of Rosin or of Resin Acids in the Netherlands

Exports of rosin; salts of rosin or of resin acidses from the Netherlands reduced notably to 3K tons in 2022, waning by -28.9% against the previous year. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 4.2K tons, and then reduced markedly in the following year.

In value terms, exports of rosin; salts of rosin or of resin acidses dropped significantly to $8.4M in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 88%. As a result, the exports attained the peak of $10M, and then declined sharply in the following year.

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

1. Germany (1257.7 tons)
2. Spain (1131.0 tons)
3. France (557.6 tons)

Imports of Rosin; Salts of Rosin or of Resin Acids in the Netherlands

For the third year in a row, the Netherlands recorded decline in purchases abroad of rosin; salts of rosin or of resin acidses, which decreased by -19.2% to 203 tons in 2022. In general, imports saw a sharp contraction.

In value terms, imports of rosin; salts of rosin or of resin acidses surged to $610K in 2022. Overall, imports saw a perceptible descent.

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

1. Germany (136.0 tons)
2. France (24.6 tons)
3. Spain (23.8 tons)
4. United States (15.4 tons)

Source: IndexBox Market Intelligence Platform