Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil - 2024
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil (FOB) - 2022
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil (CIF) - 2022
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil (FOB) - 2022
In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $1,542 per ton, jumping by 23% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 68%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($1,479 per ton), while the average price for exports to China ($964 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 Portugal (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil (CIF) - 2022
The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $4,084 per ton in 2022, increasing by 29% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. Over the period under review, average import prices attained the maximum at $5,029 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 India ($8,330 per ton), while the price for Argentina ($627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil
In 2022, after two years of decline, there was growth in overseas shipments of lac; natural gums, resins, gum-resins and balsamses, when their volume increased by 0.6% to 32K tons. Over the period under review, exports, however, saw a abrupt setback.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses surged to $49M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 29.3 | 14.0 | 31.7 | 45.8 | 16.1% |
| Spain | 3.1 | 0.5 | 0.2 | 0.8 | -36.3% |
| Vietnam | 2.1 | 6.1 | 5.4 | 0.1 | -63.8% |
| China | 4.6 | 3.0 | 0.6 | N/A | -63.9% |
| Others | 2.0 | 1.4 | 1.9 | 2.5 | 7.7% |
| Total | 41.2 | 25.0 | 39.8 | 49.2 | 6.1% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Brazil in 2022:
- Portugal (31.0K tons)
- Spain (0.4K tons)
- Vietnam (0.1K tons)
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil
Imports of lac; natural gums, resins, gum-resins and balsamses into Brazil fell to 2.7K tons in 2022, dropping by -9.3% on the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of 3K tons, and then dropped in the following year.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses skyrocketed to $11M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.8 | 3.6 | 4.1 | 6.0 | 16.4% |
| India | 2.8 | 2.6 | 2.3 | 2.3 | -6.3% |
| United States | 0.2 | 0.2 | 1.0 | 0.8 | 58.7% |
| Argentina | 0.2 | 0.2 | 0.5 | 0.4 | 26.0% |
| Uruguay | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 1.7 | 1.7 | 1.6 | 1.5 | -4.1% |
| Total | 8.7 | 8.4 | 9.5 | 11.2 | 8.8% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Brazil in 2022:
- France (1470.0 tons)
- Argentina (574.7 tons)
- India (280.6 tons)
- United States (118.8 tons)
- Uruguay (107.7 tons)
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