Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina - 2023

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina (CIF) - 2022
  2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina (FOB) - 2022
  3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina
  4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina (CIF) - 2022

In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,352 per ton, surging by 13% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The import price peaked at $3,109 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($2,518 per ton) and the United States ($2,473 per ton), while the price for China ($2,021 per ton) and South Korea ($2,455 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina (FOB) - 2022

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,748 per ton, dropping by -39.4% against the previous year. In general, the export price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 47% against the previous year. The export price peaked at $4,536 per ton in 2021, and then declined dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($5,444 per ton), while the average price for exports to Brazil ($962 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 Paraguay (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina

In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Argentina declined to 4.7K tons, stabilizing at the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 4.7% against the previous year. As a result, imports attained the peak of 4.8K tons, leveling off in the following year.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses rose rapidly to $11M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.22.94.05.1-0.6%
China2.23.53.43.516.7%
Brazil0.90.81.01.210.1%
South Korea0.40.60.91.035.7%
Others0.90.90.60.4-23.7%
Total9.58.69.911.15.3%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Argentina in 2022:

  1. United States (2064.9 tons)
  2. China (1725.5 tons)
  3. Brazil (466.0 tons)
  4. South Korea (407.8 tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina

In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses exported from Argentina soared to 6.8 tons, rising by 16% against the year before. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. As a result, the exports attained the peak of 8.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reduced rapidly to $19K in 2022. Overall, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $28K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico19.222.021.315.4-7.1%
United States2.12.32.11.5-10.6%
Chile2.42.01.40.7-33.7%
Others1.72.01.61.1-13.5%
Total25.528.426.518.7-9.8%

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Argentina in 2022:

  1. Mexico (5.7 tons)
  2. United States (0.6 tons)
  3. Chile (0.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary forms - Argentina