Price for Rosin and Resin Acids in Algeria - 2022

Contents:

1. Price for Rosin and Resin Acids in Algeria (CIF) - 2022
2. Imports of Rosin and Resin Acids in Algeria

Price for Rosin and Resin Acids in Algeria (CIF) - 2022

The average rosin and resin acids import price stood at $1,789 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, saw a pronounced expansion. The growth pace was the most rapid in 2013 when the average import price increased by 137% against the previous year. As a result, import price reached the peak level of $3,476 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +23.2% per year.

Imports of Rosin and Resin Acids in Algeria

In 2022, purchases abroad of rosin and resin acidses was finally on the rise to reach 62 tons after two years of decline. Over the period under review, imports, however, faced a abrupt contraction.

In value terms, rosin and resin acids imports expanded slightly to $110K in 2022. In general, imports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 8.7%.

Top Suppliers of Rosin and Resin Acids to Algeria in 2022:

1. Portugal (30.9 tons)

Source: IndexBox Market Intelligence Platform