Price for Rosin; Salts of Rosin or of Resin Acids in Japan - 2023
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in Japan (FOB) - 2022
- Price for Rosin; Salts of Rosin or of Resin Acids in Japan (CIF) - 2022
- Exports of Rosin; Salts of Rosin or of Resin Acids in Japan
- Imports of Rosin; Salts of Rosin or of Resin Acids in Japan
Price for Rosin; Salts of Rosin or of Resin Acids in Japan (FOB) - 2022
In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $3,181 per ton, shrinking by -26% against the previous year. In general, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2016 an increase of 68%. Over the period under review, the average export prices hit record highs at $4,491 per ton in 2020; however, from 2021 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 China ($7,270 per ton), while the average price for exports to Taiwan (Chinese) ($2,961 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 Singapore (+27.8%), 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 Japan (CIF) - 2022
The average import price for rosin; salts of rosin or of resin acidses stood at $10,520 per ton in 2022, growing by 8.7% against the previous year. Over the period under review, the import price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2019 an increase of 108%. As a result, import price attained the peak level of $11,479 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Portugal amounted to +16.1% per year.
Exports of Rosin; Salts of Rosin or of Resin Acids in Japan
Exports of rosin; salts of rosin or of resin acidses from Japan rose notably to 106 tons in 2022, picking up by 14% compared with the previous year. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of rosin; salts of rosin or of resin acidses reduced sharply to $337K in 2022. In general, exports, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, the exports attained the peak of $399K, and then fell sharply in the following year.
| Export of Rosin; Salts of Rosin or of Resin Acids in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 180 | 161 | 256 | 286 | 16.7% |
| Taiwan (Chinese) | 3.9 | 14.6 | 3.3 | 20.7 | 74.4% |
| Spain | 30.4 | 11.3 | 21.0 | 16.3 | -18.8% |
| China | 1.7 | N/A | 4.7 | 14.5 | 104.3% |
| South Korea | 3.6 | 27.1 | 22.4 | N/A | 149.4% |
| United Kingdom | 51.7 | 60.1 | 34.8 | N/A | -18.0% |
| United Arab Emirates | 79.7 | 49.5 | 56.8 | N/A | -15.6% |
| Others | 20.1 | 33.2 | N/A | N/A | 65.2% |
| Total | 372 | 357 | 399 | 337 | -3.2% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Japan in 2022:
- Thailand (96.0 tons)
- Taiwan (Chinese) (7.0 tons)
- China (2.0 tons)
- Spain (1.0 tons)
Imports of Rosin; Salts of Rosin or of Resin Acids in Japan
In 2022, imports of rosin; salts of rosin or of resin acidses into Japan surged to 10 tons, with an increase of 111% compared with the previous year. In general, imports, however, recorded a abrupt decline.
In value terms, imports of rosin; salts of rosin or of resin acidses skyrocketed to $109K in 2022. Over the period under review, imports, however, recorded a precipitous decrease.
| Import of Rosin; Salts of Rosin or of Resin Acids in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 214 | 184 | 47.6 | 109 | -20.1% |
| Portugal | 6.6 | 46.3 | N/A | N/A | 601.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 220 | 230 | 47.6 | 109 | -20.9% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Japan in 2022:
- United States (10.4 tons)
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