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

Contents:

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

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

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $4,967 per ton, rising by 41% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,983 per ton in 2014; afterwards, it flattened through to 2022.

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 Hungary ($5,622 per ton), while the average price for exports to the United States ($1,188 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 Hungary (+3.0%), while the prices for the other major destinations experienced a decline.

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

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $4,329 per ton in 2022, picking up by 43% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses increased by +73.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,037 per ton), while the price for China ($1,556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses was finally on the rise to reach 775 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt curtailment.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $3.9M in 2022. Over the period under review, exports, however, continue to indicate a perceptible reduction.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2,7547792223,4547.8%
Norway3091792183120.3%
United StatesN/A3.475.475.1370.0%
Sweden1,2135345709.6-80.1%
Others10.97.628.20.8-58.1%
Total4,2861,5031,1143,851-3.5%

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

  1. Hungary (614.3 tons)
  2. Norway (95.5 tons)
  3. United States (63.2 tons)
  4. Sweden (1.9 tons)

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

For the third year in a row, Denmark recorded decline in overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, which decreased by -16% to 823 tons in 2022. Over the period under review, imports continue to indicate a sharp contraction.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $3.6M in 2022. In general, imports recorded a deep reduction.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,9241,2609041,052-28.9%
United States40038847279025.5%
Hungary38.326.0268785173.7%
FranceN/A1,006798454-32.8%
Netherlands964294472258-35.6%
ChinaN/AN/AN/A1120%
Sweden16670.839.8111-12.6%
Others3.459.318.92.1-14.8%
Total4,4963,1052,9743,564-7.5%

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

  1. Germany (274.1 tons)
  2. Hungary (162.2 tons)
  3. France (147.0 tons)
  4. United States (98.3 tons)
  5. China (72.0 tons)
  6. Netherlands (46.3 tons)
  7. Sweden (23.0 tons)

Source: IndexBox Market Intelligence Platform

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