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

Contents:

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

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

The average import price for rosin; salts of rosin or of resin acidses stood at $3,490 per ton in 2022, rising by 41% against the previous year. Over the period under review, the import price posted a mild expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 72% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($3,490 per ton), while the price for Sweden totaled $3,490 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+43.2%), 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 Egypt (FOB) - 2022

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $2,627 per ton, approximately reflecting the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 32%. Over the period under review, the average export prices hit record highs at $2,792 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Seychelles.

From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to +0.2% per year.

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

In 2022, purchases abroad of rosin; salts of rosin or of resin acidses was finally on the rise to reach 29 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed prominent growth. 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 surged to $100K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Indonesia (24.9 tons)
2. Sweden (3.7 tons)

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

For the fourth consecutive year, Egypt recorded growth in shipments abroad of rosin; salts of rosin or of resin acidses, which increased by 0.5% to 19 tons in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 287%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of rosin; salts of rosin or of resin acidses reached $49K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 303%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

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

1. Seychelles (18.7 tons)

Source: IndexBox Market Intelligence Platform