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

Contents:

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

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

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $3,512 per ton, reducing by -22% against the previous year. In general, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. As a result, import price attained the peak level of $5,729 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,283 per ton), while the price for Portugal ($2,562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+78.5%), 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 the UK (FOB) - 2022

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $13,579 per ton, jumping by 39% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 111%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($20,410 per ton), while the average price for exports to Ireland ($11,820 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of rosin; salts of rosin or of resin acidses imported into the UK surged to 547 tons, with an increase of 118% compared with 2021 figures. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rosin; salts of rosin or of resin acidses skyrocketed to $1.9M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rosin; Salts of Rosin or of Resin Acids in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/A3.13.91,0651753.5%
IrelandN/AN/A635308-51.5%
Germany19870.756.029113.7%
ItalyN/AN/AN/A1010%
Belgium174423N/A18.7-52.5%
France13986.947.59.5-59.1%
ArgentinaN/A194109N/A-43.8%
India195158220N/A6.2%
Others83.314259.612715.1%
Total7891,0781,1311,92034.5%

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

  1. Portugal (415.5 tons)
  2. Ireland (62.2 tons)
  3. Germany (37.3 tons)
  4. Italy (10.6 tons)
  5. Belgium (4.0 tons)
  6. France (1.5 tons)

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

In 2022, the amount of rosin; salts of rosin or of resin acidses exported from the UK soared to 2.4 tons, jumping by 193% compared with the previous year's figure. Overall, exports, however, recorded a dramatic downturn.

In value terms, exports of rosin; salts of rosin or of resin acidses surged to $32K in 2022. In general, exports, however, recorded a abrupt shrinkage.

Export of Rosin; Salts of Rosin or of Resin Acids in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.8N/AN/A28.5229.0%
IrelandN/A2.02.92.614.0%
IsraelN/AN/A1.41.2-14.3%
Spain5.13.6N/AN/A-29.4%
Germany0.240.0N/AN/A19900.0%
France8.714.8N/AN/A70.1%
India6.715.3N/AN/A128.4%
Poland11.1N/AN/AN/A0%
ItalyN/A12.8N/AN/A0%
AustraliaN/A20.3N/AN/A0%
Others6.16.13.7N/A-22.1%
Total38.91157.932.3-6.0%

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

  1. Netherlands (2099.0 kg)
  2. Ireland (217.0 kg)
  3. Israel (61.0 kg)

Source: IndexBox Market Intelligence Platform

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