Price for Rosin; Salts of Rosin or of Resin Acids in Brazil - 2024

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Brazil (CIF) - 2022
  2. Price for Rosin; Salts of Rosin or of Resin Acids in Brazil (FOB) - 2022
  3. Imports of Rosin; Salts of Rosin or of Resin Acids in Brazil
  4. Exports of Rosin; Salts of Rosin or of Resin Acids in Brazil

Price for Rosin; Salts of Rosin or of Resin Acids in Brazil (CIF) - 2022

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $5,415 per ton, growing by 12% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of 100% against the previous year. The import price peaked at $6,716 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 Germany ($14,997 per ton), while the price for Taiwan (Chinese) ($2,884 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rosin; Salts of Rosin or of Resin Acids in Brazil (FOB) - 2022

The average export price for rosin; salts of rosin or of resin acidses stood at $4,440 per ton in 2022, with an increase of 62% against the previous year. Overall, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 85% against the previous year. As a result, the export price attained the peak level of $5,018 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($32,552 per ton), while the average price for exports to Chile ($2,240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rosin; Salts of Rosin or of Resin Acids in Brazil

Imports of rosin; salts of rosin or of resin acidses into Brazil contracted to 1.1K tons in 2022, with a decrease of -8.2% on 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of 1.2K tons, and then reduced in the following year.

In value terms, imports of rosin; salts of rosin or of resin acidses reached $6.1M in 2022. Overall, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 145%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Rosin; Salts of Rosin or of Resin Acids in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.00.83.33.419.3%
Taiwan (Chinese)1.31.62.52.422.7%
NetherlandsN/AN/AN/A0.10%
United States0.2N/A0.10.1-20.6%
Others0.10.10.10.10.0%
Total3.72.56.06.118.1%

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Brazil in 2022:

  1. Taiwan (Chinese) (846.0 tons)
  2. Germany (227.7 tons)
  3. United States (31.3 tons)
  4. Netherlands (22.0 tons)

Exports of Rosin; Salts of Rosin or of Resin Acids in Brazil

In 2022, the amount of rosin; salts of rosin or of resin acidses exported from Brazil contracted sharply to 22 tons, which is down by -43.3% compared with 2021 figures. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year.

In value terms, exports of rosin; salts of rosin or of resin acidses contracted to $98K in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.

Export of Rosin; Salts of Rosin or of Resin Acids in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A39.70%
Argentina33.227.525.429.6-3.8%
Paraguay22.427.715.920.6-2.8%
Chile6.46.415.67.24.0%
Mexico59.029.549.6N/A-8.3%
Others0.6N/AN/A0.5-5.9%
Total12291.210697.6-7.2%

Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Brazil in 2022:

  1. Argentina (10.4 tons)
  2. Paraguay (7.0 tons)
  3. Chile (3.2 tons)
  4. Russia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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