Price for Rosin; Salts of Rosin or of Resin Acids in Chile - 2023

Contents:

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

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

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $2,943 per ton, rising by 33% against the previous year. Overall, the import price, however, saw a abrupt decrease. The import price peaked at $5,688 per ton in 2014; however, from 2015 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 China ($14,667 per ton), while the price for Brazil ($2,599 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for rosin; salts of rosin or of resin acidses stood at $1,763 per ton in 2022, with an increase of 4.6% against the previous year. Overall, the export price, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 4.6% against the previous year. Over the period under review, the average export prices reached the maximum at $2,198 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -2.2% per year.

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

Imports of rosin; salts of rosin or of resin acidses into Chile surged to 16 tons in 2022, increasing by 97% compared with the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 899% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of rosin; salts of rosin or of resin acidses skyrocketed to $46K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 937% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Rosin; Salts of Rosin or of Resin Acids in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A38.10%
Brazil6.11.316.48.310.8%
Others0.80.41.4N/A32.3%
Total6.91.717.846.588.9%

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

  1. Argentina (12.6 tons)
  2. Brazil (3.2 tons)

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

For the fourth year in a row, Chile recorded growth in shipments abroad of rosin; salts of rosin or of resin acidses, which increased by 2% to 2.3 tons in 2022. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 2.1%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of rosin; salts of rosin or of resin acidses expanded sharply to $4K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6.7% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Rosin; Salts of Rosin or of Resin Acids in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru3.33.53.74.06.6%
OthersN/AN/AN/AN/A0%
Total3.33.53.74.06.6%

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

  1. Peru (2.3 tons)

Source: IndexBox Market Intelligence Platform

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