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

Contents:

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

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

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,265 per ton in 2022, picking up by 2.9% against the previous year. In general, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 6.1%. The import price peaked at $3,144 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 the Netherlands ($3,251 per ton), while the price for Estonia ($1,571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+12.3%), 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 Portugal (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,674 per ton in 2022, with a decrease of -27.5% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 5.6% against the previous year. As a result, the export price attained the peak level of $3,035 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,716 per ton), while the average price for exports to France ($1,343 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 the United States (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -18.2% to 12K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of 15K tons, and then fell dramatically in the following year.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses declined notably to $28M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of $33M, and then reduced rapidly in the following year.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea6.17.610.810.620.2%
France5.26.49.96.26.0%
China3.63.12.23.2-3.9%
Belgium0.80.53.22.750.0%
EstoniaN/A0.71.11.755.8%
Netherlands3.83.51.71.2-31.9%
Germany1.81.52.01.1-15.1%
Others3.62.12.41.4-27.0%
Total24.825.333.328.04.1%

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

  1. South Korea (5.0K tons)
  2. France (2.3K tons)
  3. China (1.7K tons)
  4. Estonia (1.1K tons)
  5. Belgium (1.1K tons)
  6. Netherlands (0.4K tons)
  7. Germany (0.4K tons)

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

In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses exported from Portugal surged to 821 tons, picking up by 54% on the previous year. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 126% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses totaled $1.4M in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 125%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France68.854.659.9689115.5%
Poland2876745673506.8%
United StatesN/A15.520.5137197.3%
Germany32.570.926312456.3%
EgyptN/AN/AN/A27.90%
Spain43.511418326.1-15.7%
Others7.357.113820.541.1%
Total4409871,2311,37446.2%

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

  1. France (512.6 tons)
  2. Poland (162.2 tons)
  3. United States (58.7 tons)
  4. Germany (58.0 tons)
  5. Egypt (15.0 tons)
  6. Spain (9.6 tons)

Source: IndexBox Market Intelligence Platform

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