Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Serbia - 2024

Contents:

1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Serbia (CIF) - 2024
2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Serbia (FOB) - 2022
3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Serbia
4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Serbia

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Serbia (CIF) - 2024

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,963 per ton in January 2024, leveling off at the previous month. Overall, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 27% m-o-m. As a result, import price reached the peak level of $3,707 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Belgium ($3,199 per ton), while the price for the United States ($1,366 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Belgium (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,304 per ton, reducing by -4.2% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 170% against the previous year. Over the period under review, the average export prices reached the maximum at $3,292 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($4,838 per ton), while the average price for exports to Spain ($1,499 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 UK (+44.7%), 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 Serbia

Imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Serbia skyrocketed to 2K tons in 2022, growing by 18% against the previous year's figure. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 99%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $5.2M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 134%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. China (618.3 tons)
2. Thailand (570.3 tons)
3. United States (327.9 tons)
4. Japan (158.5 tons)
5. Netherlands (100.0 tons)
6. Germany (81.0 tons)
7. Brazil (75.0 tons)
8. France (38.8 tons)

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

After three years of growth, shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -22.9% to 49 tons in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,062% against the previous year.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses shrank rapidly to $114K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,466% against the previous year.

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

1. Spain (24.9 tons)
2. Turkey (9.3 tons)
3. United Kingdom (7.0 tons)
4. Czech Republic (4.9 tons)
5. Austria (1.9 tons)
6. Germany (0.8 tons)

Source: IndexBox Market Intelligence Platform