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

Contents:

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

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

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $414 per ton, which is down by -18.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 23%. As a result, the export price reached the peak level of $507 per ton, and then declined dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,076 per ton), while the average price for exports to Russia stood at $413 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.1%).

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

The average import price for rosin; salts of rosin or of resin acidses stood at $255 per ton in 2021, leveling off at the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2014 when the average import price increased by 240%. The import price peaked at $2,220 per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +2.1% per year.

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

In 2022, exports of rosin; salts of rosin or of resin acidses from Finland dropped sharply to 408 tons, declining by -89.3% on the year before. Over the period under review, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 170%. As a result, the exports attained the peak of 3.8K tons, and then declined markedly in the following year.

In value terms, exports of rosin; salts of rosin or of resin acidses fell notably to $169K in 2022. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 231%. As a result, the exports reached the peak of $1.9M, and then shrank dramatically in the following year.

Export of Rosin; Salts of Rosin or of Resin Acids in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia628496819168-35.6%
Germany85.485.890.20.5-82.0%
SwedenN/AN/A877N/A0%
OthersN/AN/A142N/A0%
Total7135821,928169-38.1%

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

  1. Russia (407.4 tons)
  2. Germany (0.2 tons)

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

In 2021, imports of rosin; salts of rosin or of resin acidses into Finland stood at 51 kg, stabilizing at the previous year. In general, imports saw a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of rosin; salts of rosin or of resin acidses stood at $13 in 2021. Overall, imports faced a dramatic descent. The smallest decline of 99.9% was in 2020.

Import of Rosin; Salts of Rosin or of Resin Acids in Finland (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Germany1.4N/AN/A0%
United KingdomN/AN/AN/A0%
United States4.1N/AN/A0%
OthersN/AN/AN/A0%
Total5.4N/AN/A0%

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

  1. United Kingdom (51.0 kg)

Source: IndexBox Market Intelligence Platform

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