Price for Rosin; Salts of Rosin or of Resin Acids in Turkey - 2024
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in Turkey (FOB) - 2022
- Price for Rosin; Salts of Rosin or of Resin Acids in Turkey (CIF) - 2022
- Exports of Rosin; Salts of Rosin or of Resin Acids in Turkey
- Imports of Rosin; Salts of Rosin or of Resin Acids in Turkey
Price for Rosin; Salts of Rosin or of Resin Acids in Turkey (FOB) - 2022
The average export price for rosin; salts of rosin or of resin acidses stood at $2,708 per ton in 2022, growing by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($2,724 per ton), while the average price for exports to Cyprus stood at $1,875 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+1.6%), while the prices for the other major destinations experienced a decline.
Price for Rosin; Salts of Rosin or of Resin Acids in Turkey (CIF) - 2022
The average import price for rosin; salts of rosin or of resin acidses stood at $4,400 per ton in 2022, surging by 10% against the previous year. In general, the import price continues to indicate a mild increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 116% against the previous year. As a result, import price attained the peak level of $9,548 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 +12.3% per year.
Exports of Rosin; Salts of Rosin or of Resin Acids in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of rosin; salts of rosin or of resin acidses, which increased by 60% to 1.1K tons in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 173% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of rosin; salts of rosin or of resin acidses surged to $2.9M in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 173%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Rosin; Salts of Rosin or of Resin Acids in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 400 | 1,269 | 1,313 | 2,860 | 92.6% |
| Cyprus | 24.3 | 16.2 | 24.4 | 37.5 | 15.6% |
| Others | 45.7 | N/A | 4.0 | N/A | -70.4% |
| Total | 470 | 1,286 | 1,341 | 2,897 | 83.4% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Turkey in 2022:
- Pakistan (1050.0 tons)
- Cyprus (20.0 tons)
Imports of Rosin; Salts of Rosin or of Resin Acids in Turkey
In 2022, the amount of rosin; salts of rosin or of resin acidses imported into Turkey soared to 5 kg, picking up by 150% on the year before. Overall, imports, however, saw a sharp slump.
In value terms, imports of rosin; salts of rosin or of resin acidses surged to $22 in 2022. Over the period under review, imports, however, faced a dramatic slump.
| Import of Rosin; Salts of Rosin or of Resin Acids in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 2.5 | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Germany | 6.3 | 8.4 | N/A | N/A | 33.3% |
| Others | 5.9 | N/A | N/A | N/A | 0% |
| Total | 12.2 | 10.9 | N/A | N/A | -10.7% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Turkey in 2022:
- China (5.0 kg)
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This report provides an in-depth analysis of the market for rosin and resin acids in Turkey.
770
This report provides an in-depth analysis of the global market for rosin and resin acids.
312
This report provides an in-depth analysis of the market for rosin and resin acids in Turkey.
770
This report provides an in-depth analysis of the global market for rosin and resin acids.
226
Between February 2023 and July 2023, the import growth of Rosin And Resin Acids experienced a lack of momentum, resulting in a modest shrinkage to $4.7M in value terms by July 2023.
692
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...
701
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...
226
Between February 2023 and July 2023, the import growth of Rosin And Resin Acids experienced a lack of momentum, resulting in a modest shrinkage to $4.7M in value terms by July 2023.
692
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...
701
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...
