Price for Rosin; Salts of Rosin or of Resin Acids in Serbia - 2024
Contents:
- Price for Rosin; Salts of Rosin or of Resin Acids in Serbia (CIF) - 2024
- Price for Rosin; Salts of Rosin or of Resin Acids in Serbia (FOB) - 2022
- Imports of Rosin; Salts of Rosin or of Resin Acids in Serbia
- Exports of Rosin; Salts of Rosin or of Resin Acids in Serbia
Price for Rosin; Salts of Rosin or of Resin Acids in Serbia (CIF) - 2024
The average import price for rosin; salts of rosin or of resin acidses stood at $2,414 per ton in January 2024, stabilizing at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 110% m-o-m. As a result, import price attained the peak level of $4,675 per ton. From December 2023 to January 2024, 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 Germany.
From January 2023 to January 2024, the rate of growth in terms of prices for Germany amounted to +0.4% per month.
Price for Rosin; Salts of Rosin or of Resin Acids in Serbia (FOB) - 2022
In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $9,976 per ton, increasing by 22% against the previous year. In general, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 149%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Montenegro.
From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to +10.5% per year.
Imports of Rosin; Salts of Rosin or of Resin Acids in Serbia
In 2022, after three years of growth, there was significant decline in supplies from abroad of rosin; salts of rosin or of resin acidses, when their volume decreased by -6.2% to 1.8K tons. Overall, imports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6% against the previous year. As a result, imports attained the peak of 1.9K tons, and then declined in the following year.
In value terms, imports of rosin; salts of rosin or of resin acidses rose rapidly to $3.8M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Rosin; Salts of Rosin or of Resin Acids in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 248 | 421 | 830 | 2,760 | 123.3% |
| Germany | 956 | 927 | 915 | 1,078 | 4.1% |
| Netherlands | 133 | 88.2 | 74.7 | N/A | -25.1% |
| Others | 1,145 | 892 | 1,696 | N/A | 21.7% |
| Total | 2,482 | 2,329 | 3,516 | 3,838 | 15.6% |
Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Serbia in 2022:
- France (1312.0 tons)
- Germany (484.0 tons)
Exports of Rosin; Salts of Rosin or of Resin Acids in Serbia
In 2022, overseas shipments of rosin; salts of rosin or of resin acidses decreased by -17.8% to 83 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,100% against the previous year.
In value terms, exports of rosin; salts of rosin or of resin acidses reached $828 in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,094%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Rosin; Salts of Rosin or of Resin Acids in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 36.0 | 430 | 34.0 | 828 | 184.4% |
| Cote d'Ivoire | N/A | N/A | 790 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.0 | 430 | 824 | 828 | 184.4% |
Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Serbia in 2022:
- Montenegro (83.0 kg)
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This report provides an in-depth analysis of the market for rosin and resin acids in Serbia.
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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 Serbia.
765
This report provides an in-depth analysis of the global market for rosin and resin acids.
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