Report Update: May 1, 2024

Israel - Rosin And Resin Acids And Derivatives - Market Analysis, Forecast, Size, Trends And Insights

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Price for Rosin and Resin Acids in Israel - 2023

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

The average rosin and resin acids import price stood at $2,820 per ton in 2022, surging by 24% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rosin and resin acids import price increased by +49.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 31% against the previous year. As a result, import price attained the peak level of $3,591 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($3,096 per ton) and the Netherlands ($3,093 per ton), while the price for Indonesia ($2,071 per ton) and the United States ($2,475 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rosin and Resin Acids in Israel (FOB) - 2022

In 2022, the average rosin and resin acids export price amounted to $2,651 per ton, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 34%. As a result, the export price reached the peak level of $2,771 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Azerbaijan ($3,058 per ton) and Uganda ($3,057 per ton), while the average price for exports to Colombia ($2,586 per ton) and India ($2,629 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rosin and Resin Acids in Israel

In 2022, overseas purchases of rosin and resin acids and derivatives decreased by -9.2% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 128%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, rosin and resin acids imports expanded sharply to $3M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 128%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Rosin and Resin Acids in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	297	3.0	1,053	1,145	56.8%
Portugal	274	272	579	778	41.6%
France	205	656	649	603	43.3%
Greece	31.0	97.0	106	144	66.9%
United States	143	90.0	139	142	-0.2%
Indonesia	45.0	24.0	73.0	80.0	21.1%
Spain	10.0	17.0	63.0	65.0	86.6%
Switzerland	N/A	1,582	N/A	N/A	0%
Others	230	71.0	41.0	80.0	-29.7%
Total	1,235	2,812	2,703	3,037	35.0%

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

Netherlands (370.2 tons)
Portugal (285.0 tons)
France (220.8 tons)
United States (57.4 tons)
Greece (52.7 tons)
Indonesia (38.6 tons)
Spain (21.0 tons)

Exports of Rosin and Resin Acids in Israel

In 2022, approx. 121 tons of rosin and resin acids and derivatives were exported from Israel; jumping by 83% compared with the year before. In general, exports, however, continue to indicate a sharp slump.

In value terms, rosin and resin acids exports soared to $320K in 2022. Overall, exports, however, continue to indicate a precipitous shrinkage.

Export of Rosin and Resin Acids in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	25.0	N/A	142	214	104.6%
Colombia	836	N/A	20.0	78.0	-54.6%
Mexico	N/A	3.0	N/A	12.0	100.0%
Uganda	N/A	N/A	N/A	9.0	0%
Chile	2.0	104	N/A	N/A	5100.0%
Italy	30.0	N/A	N/A	N/A	0%
Others	47.0	5.0	14.0	7.0	-47.0%
Total	940	112	176	320	-30.2%

Top Export Markets for Rosin and Resin Acids from Israel in 2022:

India (81.4 tons)
Colombia (30.2 tons)
Mexico (3.9 tons)
Uganda (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for rosin and resin acids in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147150 - Rosin and resin acids, and derivatives, rosin spirit and oils, r un gums

Country coverage:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023