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

Contents:

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

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

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $1,734 per ton, falling by -4.4% against the previous year. Overall, the import price showed a perceptible decrease. The growth pace was the most rapid in 2021 an increase of 7.7%. Over the period under review, average import prices attained the maximum at $2,250 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.6% per year.

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

The average export price for rosin; salts of rosin or of resin acidses stood at $1,522 per ton in 2022, which is down by -1.5% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum at $3,301 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.1% per year.

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

For the third consecutive year, Canada recorded decline in purchases abroad of rosin; salts of rosin or of resin acidses, which decreased by -46.5% to 624 tons in 2022. Over the period under review, imports recorded a dramatic shrinkage. The smallest decline of -18.5% was in 2021.

In value terms, imports of rosin; salts of rosin or of resin acidses dropped rapidly to $1.1M in 2022. Overall, imports showed a sharp setback. The smallest decline of -12.2% was in 2021.

Import of Rosin; Salts of Rosin or of Resin Acids in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.72.32.11.1-33.3%
Germany0.30.1N/AN/A-66.7%
Others0.40.10.1N/A-50.0%
Total4.32.42.11.1-36.5%

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

  1. United States (621.1 tons)

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

For the third year in a row, Canada recorded decline in shipments abroad of rosin; salts of rosin or of resin acidses, which decreased by -16.4% to 46 kg in 2022. In general, exports recorded a abrupt curtailment.

In value terms, exports of rosin; salts of rosin or of resin acidses fell notably to $70 in 2022. Overall, exports faced a deep slump.

Export of Rosin; Salts of Rosin or of Resin Acids in Canada (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12710585.070.0-18.0%
Others1.0N/AN/AN/A0%
Total12810585.070.0-18.2%

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

  1. United States (46.0 kg)

Source: IndexBox Market Intelligence Platform

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