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

Contents:

1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ireland (CIF) - 2023
2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ireland (FOB) - 2022
3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ireland
4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ireland

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ireland (CIF) - 2023

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,191 per ton in November 2023, declining by -12% against the previous month. Over the period under review, import price indicated mild growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -12.0% against October 2023 indices. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 139% month-to-month. As a result, import price reached the peak level of $2,467 per ton. From January 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($11,634 per ton), while the price for the UK ($1,117 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,785 per ton, declining by -32.7% against the previous year. In general, the export price saw a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 165%. Over the period under review, the average export prices hit record highs at $8,488 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,942 per ton), while the average price for exports to France ($2,416 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 Spain (+1.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses imported into Ireland soared to 883 tons, rising by 49% against the year before. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $2M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (327.1 tons)
2. China (325.8 tons)
3. France (89.4 tons)
4. Germany (65.6 tons)

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

In 2022, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses from Ireland skyrocketed to 404 tons, picking up by 866% on the year before. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 9,781%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $1.1M in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 8,379%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Netherlands (380.0 tons)
2. France (15.5 tons)
3. Spain (4.9 tons)

Source: IndexBox Market Intelligence Platform