MERCOSUR: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in MERCOSUR

The MERCOSUR rosin and resin acids market was finally on the rise to reach $X in 2022, after seven years of decline. Overall, consumption, however, recorded a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Rosin And Resin Acids And Derivatives in MERCOSUR

In value terms, rosin and resin acids production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible contraction. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Rosin And Resin Acids And Derivatives

Exports in MERCOSUR

In 2022, overseas shipments of rosin and resin acids and derivatives decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, rosin and resin acids exports rose slightly to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Brazil was the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Argentina (X tons), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to rosin and resin acids exports from Brazil stood at X%. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Argentina increased by X percentage points.

In value terms, Brazil ($X) remains the largest rosin and resin acids supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with an X% share of total exports.

In Brazil, rosin and resin acids exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Argentina amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Imports of Rosin And Resin Acids And Derivatives

Imports in MERCOSUR

In 2022, the amount of rosin and resin acids and derivatives imported in MERCOSUR contracted to X tons, declining by X% against 2021 figures. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rosin and resin acids imports surged to $X in 2022. In general, imports saw a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X tons), Brazil (X tons) and Chile (X tons) represented the main importer of rosin and resin acids and derivatives in MERCOSUR, creating X% of total import. Peru (X tons) held the next position in the ranking, followed by Argentina (X tons). All these countries together took approx. X% share of total imports. Ecuador (X tons) and Suriname (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Suriname (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest rosin and resin acids importing markets in MERCOSUR were Brazil ($X), Colombia ($X) and Chile ($X), together comprising X% of total imports.

Among the main importing countries, Colombia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform