Report Update: Apr 1, 2024

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

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Price for Rosin and Resin Acids in Spain - 2023

Price for Rosin and Resin Acids in Spain (CIF) - 2023

In July 2023, the average rosin and resin acids import price amounted to $1,889 per ton, shrinking by -20.1% against the previous month. Overall, the import price recorded a mild contraction. The pace of growth appeared the most rapid in October 2022 an increase of 44% against the previous month. The import price peaked at $3,072 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($22,489 per ton), while the price for Brazil ($1,222 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rosin and Resin Acids in Spain (FOB) - 2023

In July 2023, the average rosin and resin acids export price amounted to $2,340 per ton, dropping by -1.7% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 9.7% m-o-m. As a result, the export price reached the peak level of $2,551 per ton. From December 2022 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($2,832 per ton), while the average price for exports to Denmark ($1,816 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rosin and Resin Acids in Spain

Rosin and resin acids imports into Spain rose markedly to 33K tons in 2022, increasing by 7.6% on the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, rosin and resin acids imports skyrocketed to $73M in 2022. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Rosin and Resin Acids in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	13.6	8.0	18.6	30.9	31.5%
Portugal	7.8	9.6	14.0	16.4	28.1%
Belgium	4.0	2.5	5.3	7.3	22.2%
France	8.6	7.8	7.2	6.8	-7.5%
Netherlands	2.2	2.6	2.8	3.6	17.8%
Austria	1.2	0.9	1.0	1.2	0.0%
Indonesia	0.6	0.2	0.5	1.1	22.4%
Others	5.6	3.5	4.6	5.4	-1.2%
Total	43.5	35.2	54.1	72.7	18.7%

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

Brazil (15.8K tons)
Portugal (8.4K tons)
France (3.2K tons)
Belgium (1.8K tons)
Netherlands (0.9K tons)
Indonesia (0.6K tons)
Austria (0.5K tons)

Exports of Rosin and Resin Acids in Spain

In 2022, the amount of rosin and resin acids and derivatives exported from Spain shrank markedly to 17K tons, dropping by -17.5% on the previous year's figure. Over the period under review, exports recorded a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of 21K tons, and then contracted remarkably in the following year.

In value terms, rosin and resin acids exports declined modestly to $44M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. As a result, the exports reached the peak of $45M, leveling off in the following year.

Export of Rosin and Resin Acids in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	6.8	5.7	9.1	12.5	22.5%
Italy	8.6	7.7	12.6	11.8	11.1%
Netherlands	5.5	5.2	14.0	7.3	9.9%
Germany	0.8	0.8	1.2	3.8	68.1%
Portugal	2.9	4.0	1.8	2.4	-6.1%
Turkey	0.5	0.8	1.2	1.3	37.5%
Slovakia	0.7	0.6	0.9	1.0	12.6%
Others	3.5	2.7	3.8	4.4	7.9%
Total	29.3	27.4	44.7	44.5	14.9%

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

Italy (4.7K tons)
France (4.7K tons)
Netherlands (3.0K tons)
Germany (1.4K tons)
Portugal (0.9K tons)
Turkey (0.5K tons)
Slovakia (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for rosin and resin acids in Spain. 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:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
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