Price for Rosin; Salts of Rosin or of Resin Acids in Indonesia - 2022

Contents:

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

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

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $1,549 per ton, growing by 44% against the previous year. In general, the export price, however, saw a pronounced decline. Over the period under review, the average export prices attained the maximum at $2,527 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($3,491 per ton), while the average price for exports to Timor-Leste ($377 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 Egypt (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $4,772 per ton, with an increase of 46% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($17,450 per ton), while the price for China ($3,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of rosin; salts of rosin or of resin acidses from Indonesia was estimated at 163 tons in 2022, picking up by 1.5% on the previous year's figure. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 100%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of rosin; salts of rosin or of resin acidses surged to $252K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 151%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Rosin; Salts of Rosin or of Resin Acids in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)30.135.571.096.547.5%
Senegal16.518.175.167.259.7%
EgyptN/AN/AN/A43.30%
Malaysia8.99.416.820.532.1%
Seychelles5.75.38.49.016.4%
PakistanN/AN/A0.47.51775.0%
Timor-LesteN/AN/AN/A7.40%
Others0.50.20.20.50.0%
Total61.768.617225259.8%

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

  1. Senegal (60.0 tons)
  2. Taiwan (Chinese) (44.1 tons)
  3. Timor-Leste (19.6 tons)
  4. Malaysia (18.2 tons)
  5. Egypt (15.0 tons)
  6. Pakistan (2.8 tons)
  7. Seychelles (2.6 tons)

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

Imports of rosin; salts of rosin or of resin acidses into Indonesia dropped sharply to 20 tons in 2022, waning by -81.7% on the previous year's figure. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of 108 tons, and then declined rapidly in the following year.

In value terms, imports of rosin; salts of rosin or of resin acidses reduced remarkably to $94K in 2022. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. As a result, imports attained the peak of $354K, and then dropped sharply in the following year.

Import of Rosin; Salts of Rosin or of Resin Acids in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France13751.513677.0-17.5%
Japan3.51.41.013.556.8%
China52.714.50.73.8-58.4%
Taiwan (Chinese)67.240.358.7N/A-6.5%
Others88.166.9158N/A33.9%
Total34917535494.4-35.3%

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

  1. France (18.0 tons)
  2. China (1.0 tons)
  3. Japan (0.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Rosin; salts of rosin or of resin acids - Indonesia