Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden - 2023

Contents:

  1. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden (CIF) - 2022
  2. Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden (FOB) - 2022
  3. Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden
  4. Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden (CIF) - 2022

In 2022, the average import price for lac; natural gums, resins, gum-resins and balsamses amounted to $6,678 per ton, reducing by -13.5% against the previous year. In general, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 79% against the previous year. Over the period under review, average import prices reached the maximum at $11,681 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Denmark ($30,299 per ton), while the price for France ($3,637 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden (FOB) - 2022

The average export price for lac; natural gums, resins, gum-resins and balsamses stood at $10,325 per ton in 2022, increasing by 43% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 241%. Over the period under review, the average export prices attained the peak figure at $13,605 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($160,500 per ton), while the average price for exports to the Netherlands ($3,500 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 Italy (+40.2%), 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 Sweden

In 2022, after two years of decline, there was significant growth in purchases abroad of lac; natural gums, resins, gum-resins and balsamses, when their volume increased by 11% to 137 tons. Over the period under review, imports, however, recorded a noticeable decrease.

In value terms, imports of lac; natural gums, resins, gum-resins and balsamses dropped to $916K in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 11%. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3002522963374.0%
Germany343344360296-4.8%
Denmark65.813512319543.6%
India72.651.29.23.2-64.7%
Slovakia86.611983.7N/A-1.7%
Others42.111080.985.326.5%
Total9101,0109549160.2%

Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Sweden in 2022:

  1. France (92.6 tons)
  2. Germany (31.8 tons)
  3. Denmark (6.4 tons)
  4. India (0.3 tons)

Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden

Exports of lac; natural gums, resins, gum-resins and balsamses from Sweden amounted to 9.1 tons in 2022, picking up by 7.5% against 2021. In general, exports, however, recorded a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year.

In value terms, exports of lac; natural gums, resins, gum-resins and balsamses soared to $94K in 2022. Overall, exports, however, faced a abrupt setback.

Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark6.88.28.352.097.0%
Norway35.515.718.118.0-20.3%
Germany8.05.75.53.2-26.3%
Finland0.50.34.82.366.3%
Netherlands1.40.70.21.52.3%
ChinaN/A21.91.21.1-77.6%
Belgium0.80.28.00.4-20.6%
SlovakiaN/A1.3N/AN/A0%
India4.8N/AN/AN/A0%
Iceland69.00.30.5N/A-91.5%
Others23.711.214.215.3-13.6%
Total15165.460.993.9-14.6%

Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Sweden in 2022:

  1. Denmark (5.1 tons)
  2. Norway (2.4 tons)
  3. Netherlands (0.4 tons)
  4. Finland (0.4 tons)
  5. Germany (0.2 tons)
  6. China (0.2 tons)
  7. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform

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