Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain (CIF) - 2023
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain (FOB) - 2023
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain (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 $1,900 per ton, declining by -4.1% against the previous month. Over the period under review, the import price showed a slight reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 21% against the previous month. As a result, import price reached the peak level of $2,338 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($4,018 per ton), while the price for Russia ($980 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 South Korea (+4.3%), 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 Spain (FOB) - 2023
In November 2023, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $1,822 per ton, falling by -7% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in December 2022 an increase of 28% month-to-month. The export price peaked at $2,106 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($2,654 per ton), while the average price for exports to Italy ($1,370 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.0%), 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 Spain
In 2022, overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses were finally on the rise to reach 34K tons after two years of decline. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations 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 $73M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.2 | 9.9 | 12.4 | 20.5 | 18.9% |
| France | 6.9 | 9.5 | 13.4 | 16.8 | 34.5% |
| South Korea | 19.6 | 17.6 | 7.9 | 8.1 | -25.5% |
| Taiwan (Chinese) | 3.7 | 3.0 | 4.2 | 6.6 | 21.3% |
| Germany | 2.5 | 2.9 | 5.5 | 4.3 | 19.8% |
| Turkey | 2.7 | 1.3 | 0.9 | 3.6 | 10.1% |
| Netherlands | 2.8 | 3.9 | 2.4 | 3.5 | 7.7% |
| Estonia | 1.0 | 1.9 | 3.1 | 3.1 | 45.8% |
| Belgium | 4.1 | 1.0 | 0.7 | 1.0 | -37.5% |
| Thailand | 1.5 | 2.5 | 2.0 | 0.9 | -15.7% |
| Others | 3.3 | 1.9 | 4.6 | 4.8 | 13.3% |
| Total | 60.4 | 55.5 | 57.2 | 73.3 | 6.7% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Spain in 2022:
- China (10.3K tons)
- France (6.0K tons)
- Taiwan (Chinese) (4.4K tons)
- South Korea (3.4K tons)
- Estonia (2.0K tons)
- Turkey (1.8K tons)
- Germany (1.7K tons)
- Netherlands (1.3K tons)
- Thailand (0.4K tons)
- Belgium (0.3K tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain
Exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses from Spain soared to 7.3K tons in 2022, jumping by 74% against the previous year's figure. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses skyrocketed to $13M in 2022. Overall, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.3 | 2.0 | 2.3 | 3.5 | 39.1% |
| Germany | 0.1 | 0.3 | 1.2 | 3.1 | 214.1% |
| Poland | 1.2 | 1.5 | 1.3 | 2.6 | 29.4% |
| France | 0.4 | 1.2 | 1.1 | 1.3 | 48.1% |
| Hungary | 1.3 | 0.3 | 1.0 | 1.2 | -2.6% |
| Portugal | 0.5 | 0.4 | 0.3 | 0.2 | -26.3% |
| Belgium | 2.0 | 0.8 | N/A | N/A | -60.0% |
| Others | 1.0 | 0.5 | 0.8 | 1.0 | 0.0% |
| Total | 8.0 | 7.1 | 8.1 | 13.0 | 17.6% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Spain in 2022:
- Italy (2.6K tons)
- Germany (1.9K tons)
- Poland (1.3K tons)
- Hungary (0.6K tons)
- France (0.5K tons)
- Portugal (0.1K tons)
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