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

Contents:

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

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

In November 2023, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $3,313 per ton, picking up by 1.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 15% m-o-m. The import price peaked at $3,405 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from South Korea ($3,857 per ton) and the Netherlands ($3,318 per ton), while the price for Belgium ($2,685 per ton) and Germany ($2,780 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.3%), 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 Romania (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,892 per ton in 2022, growing by 5.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs at $3,394 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Hungary ($4,611 per ton), while the average price for exports to France ($1,896 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 (+12.9%), 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 Romania

In 2022, approx. 5.7K tons of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses were imported into Romania; with an increase of 61% against the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $15M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.50.31.97.5146.6%
Germany2.75.13.32.81.2%
South Korea0.50.20.11.440.9%
United States0.80.60.81.111.2%
Netherlands3.43.31.51.0-33.5%
France0.10.10.10.791.3%
China0.10.10.30.226.0%
Others0.60.40.30.2-30.7%
Total8.610.28.315.020.4%

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

  1. Belgium (2751.9 tons)
  2. Germany (1063.7 tons)
  3. United States (689.3 tons)
  4. South Korea (379.5 tons)
  5. Netherlands (367.8 tons)
  6. France (255.8 tons)
  7. China (79.0 tons)

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

After three years of growth, overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -9.9% to 310 tons in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 322%.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses contracted slightly to $895K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 446%.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A24.2212776.0%
Germany11.842.046.7143129.7%
SlovakiaN/AN/A339119-64.9%
PolandN/A3.20.1110486.3%
Turkey17.239.4N/A72.361.4%
Hungary1.122049570.2299.6%
RussiaN/A38.90.538.2-0.9%
FranceN/AN/A15.128.488.1%
Others35.917.221.310342.1%
Total66.0360942895138.5%

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

  1. Czech Republic (78.3 tons)
  2. Germany (48.3 tons)
  3. Slovakia (47.7 tons)
  4. Poland (42.0 tons)
  5. Turkey (16.0 tons)
  6. Hungary (15.2 tons)
  7. France (15.0 tons)
  8. Russia (15.0 tons)

Source: IndexBox Market Intelligence Platform

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