Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka (CIF) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka (FOB) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,921 per ton in 2022, increasing by 17% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $2,567 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,352 per ton), while the price for Taiwan (Chinese) ($1,396 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka (FOB) - 2022
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $5,437 per ton in 2022, reducing by -14.9% against the previous year. Overall, the export price, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. Over the period under review, the average export prices reached the maximum at $6,389 per ton in 2021, and then dropped in the following year.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +6.4% per year.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka
In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Sri Lanka declined dramatically to 1.5K tons, shrinking by -49.2% compared with the previous year. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports reached the peak of 3K tons, and then shrank remarkably in the following year.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reduced dramatically to $2.9M in 2022. Over the period under review, imports saw a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of $4.9M, and then fell significantly in the following year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,259 | 1,753 | 3,800 | 1,978 | -4.3% |
| India | 44.8 | 107 | 142 | 189 | 61.6% |
| Germany | 119 | 145 | 190 | 186 | 16.1% |
| Hong Kong SAR | 165 | 88.1 | 23.9 | 172 | 1.4% |
| Singapore | N/A | 15.2 | 120 | 162 | 226.5% |
| United States | 57.5 | 90.2 | 38.9 | 62.3 | 2.7% |
| Japan | 6.3 | 49.4 | 62.5 | 59.3 | 111.1% |
| Taiwan (Chinese) | 45.8 | 81.3 | 69.8 | 25.1 | -18.2% |
| Saudi Arabia | 112 | 122 | 156 | N/A | 18.0% |
| Others | 246 | 268 | 265 | 56.0 | -38.9% |
| Total | 3,055 | 2,718 | 4,868 | 2,890 | -1.8% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Sri Lanka in 2022:
- China (1140.8 tons)
- Hong Kong SAR (101.0 tons)
- Germany (66.0 tons)
- Singapore (61.2 tons)
- India (43.5 tons)
- United States (28.9 tons)
- Japan (26.0 tons)
- Taiwan (Chinese) (18.0 tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka
In 2022, approx. 5.9 tons of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses were exported from Sri Lanka; growing by 18% against the year before. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 502% against the previous year. As a result, the exports reached the peak of 6.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reached $32K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 457% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 5.7 | 1.6 | 32.0 | 32.2 | 78.1% |
| India | N/A | 30.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.7 | 31.9 | 32.0 | 32.2 | 78.1% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Sri Lanka in 2022:
- Maldives (5.9 tons)
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