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

Contents:

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

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

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $3,009 per ton in 2022, growing by 109% against the previous year. Over the period under review, the import price, however, recorded a mild setback. Over the period under review, average import prices reached the maximum at $3,566 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($6,311 per ton), while the price for the UK ($847 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.4%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $3,226 per ton, surging by 4.8% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses increased by +26.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 144% against the previous year. As a result, the export price reached the peak level of $3,402 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($4,367 per ton), while the average price for exports to Russia amounted to $3,035 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+11.2%).

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

In 2022, overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -75% to 108 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 123%.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reduced dramatically to $326K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 131% against the previous year.

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

1. Germany (65.1 tons)
2. France (18.0 tons)
3. United Kingdom (17.2 tons)
4. Japan (4.6 tons)
5. Poland (2.3 tons)

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

In 2022, overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -44.7% to 75 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 55%. As a result, the exports attained the peak of 164 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses contracted notably to $241K in 2022. Over the period under review, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of $428K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Russia (64.6 tons)
2. Belarus (9.0 tons)
3. Estonia (0.6 tons)

Source: IndexBox Market Intelligence Platform