Price for Rosin; Salts of Rosin or of Resin Acids in Uzbekistan - 2022

Contents:

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

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

The average import price for rosin; salts of rosin or of resin acidses stood at $1,967 per ton in 2022, shrinking by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35%. Over the period under review, average import prices attained the peak figure at $2,305 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.5% per year.

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

In 2022, the amount of rosin; salts of rosin or of resin acidses imported into Uzbekistan expanded significantly to 203 tons, increasing by 12% compared with the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 -20.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports reached the peak of 255 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rosin; salts of rosin or of resin acidses totaled $400K in 2022. The total import value increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Rosin; Salts of Rosin or of Resin Acids in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27338136840013.6%
OthersN/AN/AN/AN/A0%
Total27338136840013.6%

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

  1. China (203.4 tons)

Source: IndexBox Market Intelligence Platform

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