Price for Rosin and Resin Acids in Cameroon - 2021

Contents:

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

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

In 2022, the average rosin and resin acids import price amounted to $1,020 per ton, waning by -9.8% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2014 an increase of 29% against the previous year. The import price peaked at $2,320 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 France ($8,271 per ton), while the price for Indonesia ($549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.8%), while the prices for the other major suppliers experienced a decline.

Imports of Rosin and Resin Acids in Cameroon

For the fourth year in a row, Cameroon recorded growth in overseas purchases of rosin and resin acidses, which increased by 5.6% to 20 tons in 2022. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rosin and resin acids imports reduced slightly to $20K in 2022. Overall, imports, however, continue to indicate a noticeable descent. The smallest decline of -4.7% was in 2021.

Import of Rosin and Resin Acids in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.75.86.36.12.3%
Indonesia8.57.66.46.0-11.0%
India3.43.53.93.83.8%
Netherlands5.24.43.53.2-14.9%
China0.50.91.21.130.1%
OthersN/AN/AN/AN/A0%
Total23.422.321.220.2-4.8%

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

  1. Indonesia (11.0 tons)
  2. India (5.4 tons)
  3. Netherlands (2.2 tons)
  4. France (0.7 tons)
  5. China (0.6 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Rosin and resin acids - Cameroon