Brazil: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Brazil

The Brazilian rosin and resin acids market was finally on the rise to reach $X in 2022, after seven years of decline. Overall, consumption, however, recorded a perceptible contraction. Rosin and resin acids consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Rosin And Resin Acids And Derivatives in Brazil

In value terms, rosin and resin acids production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild decline. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Rosin And Resin Acids And Derivatives

Exports from Brazil

In 2022, overseas shipments of rosin and resin acids and derivatives decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, rosin and resin acids exports expanded to $X in 2022. Overall, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Portugal (X tons), Spain (X tons) and the United States (X tons) were the main destinations of rosin and resin acids exports from Brazil, with a combined X% share of total exports. Japan, Turkey, India, the Netherlands, France, Germany, Greece, South Africa, Belgium and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Spain ($X) and the United States ($X) were the largest markets for rosin and resin acids exported from Brazil worldwide, together comprising X% of total exports. Japan, Turkey, India, the Netherlands, France, Germany, Greece, South Africa, Belgium and China lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average rosin and resin acids export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted slight growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and China ($X per ton), while the average price for exports to Portugal ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rosin And Resin Acids And Derivatives

Imports into Brazil

In 2022, overseas purchases of rosin and resin acids and derivatives increased by X% to X tons, rising for the second year in a row after four years of decline. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, rosin and resin acids imports soared to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Taiwan (Chinese) (X tons) and Argentina (X tons) were the main suppliers of rosin and resin acids imports to Brazil, with a combined X% share of total imports. Germany, the Netherlands, Portugal, China and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Taiwan (Chinese) ($X) were the largest rosin and resin acids suppliers to Brazil, with a combined X% share of total imports. Argentina, the Netherlands, Portugal, China and France lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rosin and resin acids import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rosin and resin acids import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Germany ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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