Price for Rosin; Salts of Rosin or of Resin Acids in Hungary - 2023

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Hungary (CIF) - 2022
  2. Price for Rosin; Salts of Rosin or of Resin Acids in Hungary (FOB) - 2022
  3. Imports of Rosin; Salts of Rosin or of Resin Acids in Hungary
  4. Exports of Rosin; Salts of Rosin or of Resin Acids in Hungary

Price for Rosin; Salts of Rosin or of Resin Acids in Hungary (CIF) - 2022

The average import price for rosin; salts of rosin or of resin acidses stood at $13,733 per ton in 2022, reducing by -20.3% against the previous year. Overall, the import price, however, showed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 151% against the previous year. Over the period under review, average import prices hit record highs at $17,234 per ton in 2021, and then declined sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +16.4% per year.

Price for Rosin; Salts of Rosin or of Resin Acids in Hungary (FOB) - 2022

The average export price for rosin; salts of rosin or of resin acidses stood at $818 per ton in 2022, declining by -3.3% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 668% against the previous year. Over the period under review, the average export prices attained the maximum at $13,019 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to -2.6% per year.

Imports of Rosin; Salts of Rosin or of Resin Acids in Hungary

In 2022, approx. 150 kg of rosin; salts of rosin or of resin acidses were imported into Hungary; rising by 95% against 2021. Over the period under review, imports saw significant growth. 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 $2.1K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rosin; Salts of Rosin or of Resin Acids in Hungary (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
PolandN/A1.22.175.0%
Turkey1.1N/AN/A0%
OthersN/A0.2N/A0%
Total1.11.32.138.2%

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Hungary in 2022:

  1. Poland (150.0 kg)

Exports of Rosin; Salts of Rosin or of Resin Acids in Hungary

In 2022, the amount of rosin; salts of rosin or of resin acidses exported from Hungary fell markedly to 22 kg, shrinking by -93.1% compared with the year before. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 319 kg, and then shrank dramatically in the following year.

In value terms, exports of rosin; salts of rosin or of resin acidses contracted notably to $18 in 2022. Overall, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 24%. As a result, the exports reached the peak of $270, and then reduced sharply in the following year.

Export of Rosin; Salts of Rosin or of Resin Acids in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/AN/A18.00%
NetherlandsN/A218N/AN/A0%
Ukraine267N/A270N/A0.6%
OthersN/AN/AN/AN/A0%
Total26721827018.0-59.3%

Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Hungary in 2022:

  1. Romania (22.0 kg)

Source: IndexBox Market Intelligence Platform

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