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

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in France (CIF) - 2023
  2. Price for Rosin; Salts of Rosin or of Resin Acids in France (FOB) - 2022
  3. Imports of Rosin; Salts of Rosin or of Resin Acids in France
  4. Exports of Rosin; Salts of Rosin or of Resin Acids in France

Price for Rosin; Salts of Rosin or of Resin Acids in France (CIF) - 2023

In November 2023, the average import price for rosin; salts of rosin or of resin acidses amounted to $1,786 per ton, shrinking by -56.5% against the previous month. Overall, the import price, however, saw prominent growth. The pace of growth was the most pronounced in April 2023 when the average import price increased by 246% month-to-month. The import price peaked at $4,108 per ton in October 2023, and then reduced sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($3,958 per ton), while the price for Spain stood at $250 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $1,719 per ton, waning by -5.7% against the previous year. Overall, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 35%. The export price peaked at $2,328 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5,739 per ton), while the average price for exports to Italy ($1,449 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 Spain (+12.4%), 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 France

For the fourth year in a row, France recorded growth in supplies from abroad of rosin; salts of rosin or of resin acidses, which increased by 25% to 10K tons in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of rosin; salts of rosin or of resin acidses soared to $4.6M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rosin; Salts of Rosin or of Resin Acids in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.40.51.43.197.9%
Spain0.60.70.80.810.1%
OthersN/A0.1N/A0.8182.8%
Total1.01.42.24.666.3%

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

  1. Spain (7.5K tons)
  2. Belgium (2.4K tons)

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

In 2022, approx. 2.4K tons of rosin; salts of rosin or of resin acidses were exported from France; with an increase of 11% compared with 2021 figures. Overall, exports recorded a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 91% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of rosin; salts of rosin or of resin acidses stood at $4.1M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year.

Export of Rosin; Salts of Rosin or of Resin Acids in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia4592.51,4152,48175.5%
Germany6838251,5201,26022.6%
Italy342414407256-9.2%
United States2,2896620.362.4-69.9%
Indonesia114171347N/A74.5%
Others32124724655.3-44.4%
Total4,2082,3213,9354,115-0.7%

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

  1. Serbia (1520.0 tons)
  2. Germany (651.7 tons)
  3. Italy (176.6 tons)
  4. United States (32.0 tons)

Source: IndexBox Market Intelligence Platform

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