Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Angola - 2022

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Angola (CIF) - 2022
  2. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Angola

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Angola (CIF) - 2022

In December 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,194 per ton, standing approximately at the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average import price increased by 41% against the previous month. As a result, import price attained the peak level of $3,257 per ton. From March 2022 to December 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From December 2021 to December 2022, the rate of growth in terms of prices for South Africa amounted to +1.0% per month.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Angola

In 2022, after two years of decline, there was significant growth in overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, when their volume increased by 24% to 1.2K tons. Over the period under review, imports, however, recorded a mild descent.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses skyrocketed to $2.8M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,9451,1681,0101,597-6.4%
South Africa94.65076151,164130.9%
Brazil145167197N/A16.6%
Others51.121.216.60.8-75.0%
Total2,2361,8641,8402,7627.3%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Angola in 2022:

  1. South Korea (657.9 tons)
  2. South Africa (569.7 tons)

Source: IndexBox Market Intelligence Platform

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