Price for Rosin; Salts of Rosin or of Resin Acids in China - 2023
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in China (CIF) - 2023
- Price for Rosin; Salts of Rosin or of Resin Acids in China (FOB) - 2022
- Imports of Rosin; Salts of Rosin or of Resin Acids in China
- Exports of Rosin; Salts of Rosin or of Resin Acids in China
Price for Rosin; Salts of Rosin or of Resin Acids in China (CIF) - 2023
The average import price for rosin; salts of rosin or of resin acidses stood at $9,771 per ton in December 2023, which is down by -40.3% against the previous month. Overall, the import price showed a perceptible slump. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 198% m-o-m. As a result, import price attained the peak level of $20,588 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($11,028 per ton), while the price for Taiwan (Chinese) ($2,973 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+24.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rosin; Salts of Rosin or of Resin Acids in China (FOB) - 2022
The average export price for rosin; salts of rosin or of resin acidses stood at $2,550 per ton in 2022, rising by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2014 when the average export price increased by 50%. As a result, the export price attained the peak level of $2,552 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($5,934 per ton), while the average price for exports to Vietnam ($880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rosin; Salts of Rosin or of Resin Acids in China
After two years of decline, overseas purchases of rosin; salts of rosin or of resin acidses increased by 82% to 280 tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of rosin; salts of rosin or of resin acidses surged to $3M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rosin; Salts of Rosin or of Resin Acids in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 577 | 595 | 1,016 | 2,600 | 65.2% |
| United States | 571 | 642 | 364 | 209 | -28.5% |
| South Korea | 124 | 117 | 170 | 161 | 9.1% |
| France | 86.6 | 23.2 | 50.4 | 24.5 | -34.4% |
| Taiwan (Chinese) | 18.0 | 7.2 | 17.8 | 13.8 | -8.5% |
| Japan | 60.9 | 11.2 | 22.0 | 3.4 | -61.8% |
| Others | N/A | 8.0 | 1.8 | 26.0 | 80.3% |
| Total | 1,438 | 1,404 | 1,643 | 3,038 | 28.3% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to China in 2022:
- Germany (231.0 tons)
- United States (25.5 tons)
- South Korea (13.9 tons)
- France (4.9 tons)
- Taiwan (Chinese) (3.6 tons)
- Japan (0.5 tons)
Exports of Rosin; Salts of Rosin or of Resin Acids in China
In 2022, approx. 783 tons of rosin; salts of rosin or of resin acidses were exported from China; picking up by 75% on the year before. Over the period under review, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of rosin; salts of rosin or of resin acidses surged to $2M in 2022. In general, exports saw significant growth. 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 China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 2.0 | N/A | 6.0 | 451 | 508.7% |
| Uzbekistan | 273 | 381 | 368 | 400 | 13.6% |
| South Korea | 49.6 | 24.7 | 51.6 | 340 | 90.0% |
| Morocco | N/A | N/A | 4.2 | 158 | 3661.9% |
| Malaysia | 130 | 39.6 | 134 | 124 | -1.6% |
| Turkey | N/A | N/A | N/A | 87.2 | 0% |
| India | 224 | 180 | 139 | 63.3 | -34.4% |
| Bangladesh | 1.8 | 1.8 | N/A | 54.9 | 212.4% |
| Thailand | 252 | 23.8 | 59.1 | 49.8 | -41.8% |
| Peru | N/A | N/A | N/A | 48.8 | 0% |
| Vietnam | N/A | N/A | 0.8 | 47.5 | 5837.5% |
| Japan | 8.7 | 2.9 | 2.9 | 37.0 | 62.0% |
| Iran | 13.7 | 41.2 | 170 | 35.8 | 37.7% |
| Others | 8.8 | 38.1 | 38.9 | 97.2 | 122.7% |
| Total | 964 | 733 | 974 | 1,996 | 27.5% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from China in 2022:
- Uzbekistan (203.4 tons)
- South Korea (88.7 tons)
- Pakistan (76.0 tons)
- Morocco (75.6 tons)
- Malaysia (64.7 tons)
- Vietnam (53.9 tons)
- Peru (40.0 tons)
- Thailand (32.0 tons)
- Turkey (30.0 tons)
- India (29.0 tons)
- Bangladesh (21.6 tons)
- Japan (18.0 tons)
- Iran (16.6 tons)
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This report provides an in-depth analysis of the market for rosin and resin acids in China.
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This report provides an in-depth analysis of the global market for rosin and resin acids.
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This report provides an in-depth analysis of the market for rosin and resin acids in China.
762
This report provides an in-depth analysis of the global market for rosin and resin acids.
290
In December 2022, the rosin and resin acids price amounted to $2,247 per ton (FOB, China), with an increase of 4.2% 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...
290
In December 2022, the rosin and resin acids price amounted to $2,247 per ton (FOB, China), with an increase of 4.2% 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...
