Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland - 2023
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland (CIF) - 2023
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland (FOB) - 2022
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland (CIF) - 2023
In December 2023, the average import price for lac; natural gums, resins, gum-resins and balsamses amounted to $32,103 per ton, rising by 563% against the previous month. Over the period under review, the import price recorded a buoyant expansion. As a result, import price reached 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 December 2023, the country with the highest price was Iran ($88,539 per ton), while the price for France ($5,459 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Iran (+55.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland (FOB) - 2022
In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $13,853 per ton, reducing by -12.7% against the previous year. In general, the export price saw a slight decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 34% against the previous year. As a result, the export price reached the peak level of $18,499 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($23,231 per ton), while the average price for exports to Hungary ($2,890 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 France (+6.3%), 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 Switzerland
In 2022, purchases abroad of lac; natural gums, resins, gum-resins and balsamses was finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a perceptible slump.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses expanded notably to $8.6M in 2022. Over the period under review, imports, however, showed a noticeable decline.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.4 | 3.9 | 3.8 | 4.8 | 2.9% |
| Germany | 2.5 | 3.4 | 2.7 | 2.3 | -2.7% |
| United Kingdom | 1.2 | 1.0 | 0.7 | 0.3 | -37.0% |
| India | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Sudan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.7 | 0.4 | 0.8 | 1.0 | 12.6% |
| Total | 9.3 | 9.0 | 8.1 | 8.6 | -2.6% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Switzerland in 2022:
- France (1361.1 tons)
- Germany (394.5 tons)
- Sudan (32.8 tons)
- India (24.5 tons)
- United Kingdom (8.9 tons)
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland
In 2022, the amount of lac; natural gums, resins, gum-resins and balsamses exported from Switzerland skyrocketed to 154 tons, picking up by 51% on 2021 figures. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses surged to $2.1M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 169 | 80.2 | 41.0 | 536 | 46.9% |
| United Kingdom | 340 | 329 | 338 | 422 | 7.5% |
| United States | 400 | 393 | 434 | 341 | -5.2% |
| Germany | 249 | 402 | 259 | 250 | 0.1% |
| Belgium | 4.8 | 16.1 | 4.8 | 105 | 179.7% |
| Hungary | N/A | 0.9 | 3.4 | 10.4 | 239.9% |
| Netherlands | 393 | 2.4 | 36.8 | 4.1 | -78.1% |
| Others | 404 | 651 | 503 | 471 | 5.2% |
| Total | 1,959 | 1,875 | 1,620 | 2,139 | 3.0% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Switzerland in 2022:
- France (48.4 tons)
- Germany (35.6 tons)
- United States (32.1 tons)
- United Kingdom (19.7 tons)
- Belgium (4.5 tons)
- Hungary (3.6 tons)
- Netherlands (0.2 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
