Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia - 2023
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia (CIF) - 2023
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia (FOB) - 2022
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia (CIF) - 2023
The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $65,038 per ton in October 2023, rising by 574% against the previous month. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Kazakhstan ($65,643 per ton), while the price for China stood at $40,633 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia (FOB) - 2022
The average export price for lac; natural gums, resins, gum-resins and balsamses stood at $7,227 per ton in 2022, with an increase of 19% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,929 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($9,567 per ton), while the average price for exports to France ($4,932 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 the United States (+100.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia
In 2022, after three years of growth, there was decline in supplies from abroad of lac; natural gums, resins, gum-resins and balsamses, when their volume decreased by -2.3% to 451 tons. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of 462 tons, and then dropped in the following year.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses rose significantly to $2.1M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 646 | 851 | 1,524 | 1,529 | 33.3% |
| Germany | 124 | 106 | 75.5 | 134 | 2.6% |
| Austria | 116 | 265 | 128 | 113 | -0.9% |
| Italy | 67.6 | 50.3 | 44.0 | 35.8 | -19.1% |
| Portugal | 15.3 | 6.6 | 22.3 | 11.3 | -9.6% |
| Others | 125 | 112 | 147 | 297 | 33.4% |
| Total | 1,094 | 1,391 | 1,941 | 2,120 | 24.7% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Slovenia in 2022:
- France (398.9 tons)
- Germany (16.9 tons)
- Austria (9.7 tons)
- Italy (8.3 tons)
- Portugal (5.0 tons)
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia
Exports of lac; natural gums, resins, gum-resins and balsamses from Slovenia soared to 6.4 tons in 2022, jumping by 223% on the year before. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 8,589% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses soared to $46K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 3,080%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 10.6 | 0% |
| United States | N/A | N/A | N/A | 8.3 | 0% |
| Serbia | 0.1 | 8.5 | 3.4 | 6.2 | 295.8% |
| Germany | N/A | N/A | N/A | 5.4 | 0% |
| Italy | N/A | N/A | 0.2 | 3.5 | 1650.0% |
| Croatia | 0.3 | 0.3 | 0.1 | 3.4 | 124.6% |
| France | N/A | N/A | 1.8 | 2.2 | 22.2% |
| North Macedonia | N/A | 5.0 | 5.4 | 1.8 | -40.0% |
| Montenegro | N/A | 10.3 | N/A | 0.4 | -80.3% |
| Others | 0.3 | 0.3 | 1.0 | 4.5 | 146.6% |
| Total | 0.8 | 24.3 | 12.1 | 46.3 | 286.8% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Slovenia in 2022:
- United Kingdom (1777.0 kg)
- Serbia (1079.0 kg)
- United States (888.0 kg)
- Germany (808.0 kg)
- France (444.0 kg)
- Italy (372.0 kg)
- Croatia (351.0 kg)
- North Macedonia (236.0 kg)
- Montenegro (12.0 kg)
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