Price for Rosin; Salts of Rosin or of Resin Acids in the Philippines - 2023
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in the Philippines (CIF) - 2022
- Imports of Rosin; Salts of Rosin or of Resin Acids in the Philippines
Price for Rosin; Salts of Rosin or of Resin Acids in the Philippines (CIF) - 2022
In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $1,522 per ton, dropping by -36.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 87% against the previous year. The import price peaked at $7,234 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.1% per year.
Imports of Rosin; Salts of Rosin or of Resin Acids in the Philippines
In 2022, overseas purchases of rosin; salts of rosin or of resin acidses decreased by -36% to 5.7 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 145%. As a result, imports attained the peak of 14 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of rosin; salts of rosin or of resin acidses fell significantly to $8.6K in 2022. Over the period under review, imports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports reached the peak of $34K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Rosin; Salts of Rosin or of Resin Acids in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 8.9 | 12.8 | 8.6 | 0.4% |
| Japan | 12.3 | N/A | N/A | N/A | 0% |
| United States | 1.4 | 1.7 | 7.1 | N/A | 125.2% |
| Taiwan (Chinese) | N/A | 22.2 | N/A | N/A | 0% |
| Others | 0.9 | 0.9 | 1.3 | N/A | 20.2% |
| Total | 23.0 | 33.7 | 21.2 | 8.6 | -28.0% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to the Philippines in 2022:
- China (5.7 tons)
359
This report provides an in-depth analysis of the market for rosin and resin acids in the Philippines.
759
This report provides an in-depth analysis of the global market for rosin and resin acids.
359
This report provides an in-depth analysis of the market for rosin and resin acids in the Philippines.
759
This report provides an in-depth analysis of the global market for rosin and resin acids.
679
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
679
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
