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

Contents:

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

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

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $6,401 per ton, with an increase of 19% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2021 an increase of 64% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the United States ($10,523 per ton), while the price for the Netherlands ($2,564 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $2,061 per ton, surging by 7.7% against the previous year. Overall, the export price, however, showed a deep reduction. The growth pace was the most rapid in 2015 when the average export price increased by 18% against the previous year. The export price peaked at $10,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +8.2% per year.

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

In 2022, imports of rosin; salts of rosin or of resin acidses into Spain skyrocketed to 626 tons, with an increase of 133% against the previous year's figure. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 791% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of rosin; salts of rosin or of resin acidses skyrocketed to $4M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,360% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Rosin; Salts of Rosin or of Resin Acids in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A1,3573,611166.1%
NetherlandsN/AN/AN/A2560%
Portugal12.553.748.875.882.4%
Others42.145.846.062.714.2%
Total54.599.41,4524,005318.9%

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

  1. Belgium (493.6 tons)
  2. Netherlands (99.9 tons)
  3. Portugal (24.9 tons)

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

In 2022, the amount of rosin; salts of rosin or of resin acidses exported from Spain surged to 3.9 tons, jumping by 66% against 2021. In general, exports, however, saw a precipitous decline. The growth pace was the most rapid in 2020 when exports increased by 133%. As a result, the exports reached the peak of 60 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rosin; salts of rosin or of resin acidses surged to $8.1K in 2022. Over the period under review, exports, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 132%. As a result, the exports reached the peak of $106K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rosin; Salts of Rosin or of Resin Acids in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A8.10%
GermanyN/AN/A4.5N/A0%
CubaN/A30.3N/AN/A0%
Netherlands45.976.1N/AN/A65.8%
OthersN/AN/AN/AN/A0%
Total45.91064.58.1-43.9%

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

  1. Brazil (3.9 tons)

Source: IndexBox Market Intelligence Platform

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