Price for Rosin; Salts of Rosin or of Resin Acids in the United States - 2023
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in the United States (FOB) - 2023
- Price for Rosin; Salts of Rosin or of Resin Acids in the United States (CIF) - 2023
- Exports of Rosin; Salts of Rosin or of Resin Acids in the United States
- Imports of Rosin; Salts of Rosin or of Resin Acids in the United States
Price for Rosin; Salts of Rosin or of Resin Acids in the United States (FOB) - 2023
The average export price for rosin; salts of rosin or of resin acidses stood at $2,639 per ton in December 2023, with a decrease of -7.7% against the previous month. Over the period under review, the export price recorded a mild shrinkage. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 80% against the previous month. As a result, the export price reached the peak level of $4,161 per ton. From November 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($5,461 per ton), while the average price for exports to South Korea ($2,249 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Rosin; Salts of Rosin or of Resin Acids in the United States (CIF) - 2023
The average import price for rosin; salts of rosin or of resin acidses stood at $3,963 per ton in December 2023, reducing by -12.4% against the previous month. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in March 2023 an increase of 109% against the previous month. As a result, import price attained the peak level of $13,375 per ton. From April 2023 to December 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($4,029 per ton), while the price for Mexico amounted to $3,924 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+8.0%), 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 the United States
In 2022, shipments abroad of rosin; salts of rosin or of resin acidses increased by 14% to 3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt descent.
In value terms, exports of rosin; salts of rosin or of resin acidses rose markedly to $7.5M in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Rosin; Salts of Rosin or of Resin Acids in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,104 | 1,617 | 1,364 | 3,152 | 41.9% |
| Canada | 4,127 | 2,439 | 2,195 | 1,164 | -34.4% |
| Taiwan (Chinese) | 268 | 464 | 531 | 784 | 43.0% |
| Peru | N/A | N/A | 485 | 652 | 34.4% |
| South Korea | 348 | 346 | 366 | 441 | 8.2% |
| Italy | 219 | 310 | 265 | 312 | 12.5% |
| China | 216 | 128 | 252 | 185 | -5.0% |
| New Zealand | 118 | 79.5 | 83.8 | 135 | 4.6% |
| Brazil | 215 | 11.8 | 43.1 | 30.4 | -47.9% |
| Ecuador | 162 | 377 | N/A | N/A | 132.7% |
| Others | 598 | 752 | 1,257 | 654 | 3.0% |
| Total | 7,375 | 6,523 | 6,843 | 7,510 | 0.6% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from the United States in 2022:
- Mexico (1336.0 tons)
- Canada (621.9 tons)
- Peru (424.4 tons)
- Taiwan (Chinese) (156.6 tons)
- South Korea (111.9 tons)
- China (66.6 tons)
- Italy (60.4 tons)
- New Zealand (60.2 tons)
- Brazil (24.0 tons)
Imports of Rosin; Salts of Rosin or of Resin Acids in the United States
In 2022, purchases abroad of rosin; salts of rosin or of resin acidses increased by 47% to 864 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt contraction.
In value terms, imports of rosin; salts of rosin or of resin acidses surged to $3.5M in 2022. Overall, imports, however, showed a abrupt setback.
| Import of Rosin; Salts of Rosin or of Resin Acids in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,798 | 325 | N/A | 1,119 | -26.3% |
| Mexico | 723 | 669 | 836 | 868 | 6.3% |
| Colombia | 420 | 393 | 400 | 513 | 6.9% |
| Germany | 1,595 | 418 | N/A | 459 | -34.0% |
| Portugal | N/A | 179 | 212 | 246 | 17.2% |
| Argentina | 209 | 179 | 375 | 232 | 3.5% |
| Others | 12.3 | 335 | 2.8 | 29.1 | 33.2% |
| Total | 5,758 | 2,498 | 1,826 | 3,466 | -15.6% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to the United States in 2022:
- France (319.9 tons)
- Mexico (223.6 tons)
- Colombia (147.8 tons)
- Portugal (100.0 tons)
- Germany (34.6 tons)
- Argentina (32.7 tons)
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This report provides an in-depth analysis of the market for rosin and resin acids in the U.S..
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This report provides an in-depth analysis of the global market for rosin and resin acids.
406
This report provides an in-depth analysis of the market for rosin and resin acids in the U.S..
762
This report provides an in-depth analysis of the global market for rosin and resin acids.
294
In March 2023, the rosin and resin acids price amounted to $2,338 per ton (FOB, US), which is down by -8.2% against the previous month.
680
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...
294
In March 2023, the rosin and resin acids price amounted to $2,338 per ton (FOB, US), which is down by -8.2% against the previous month.
680
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...
