Europe: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Europe

In 2022, the Europe rosin and resin acids market increased by X% to $X, rising for the third consecutive year after seven years of decline. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Rosin And Resin Acids And Derivatives in Europe

In value terms, rosin and resin acids production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Rosin And Resin Acids And Derivatives

Exports in Europe

In 2022, after two years of growth, there was significant decline in shipments abroad of rosin and resin acids and derivatives, when their volume decreased by X% to X tons. Overall, exports recorded a mild reduction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, rosin and resin acids exports expanded to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Portugal (X tons), distantly followed by Finland (X tons), Belgium (X tons), the Netherlands (X tons), Sweden (X tons), France (X tons) and Spain (X tons) represented the main exporters of rosin and resin acids and derivatives, together committing X% of total exports. Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest rosin and resin acids supplying countries in Europe were Portugal ($X), the Netherlands ($X) and Finland ($X), with a combined X% share of total exports. Sweden, Belgium, France, Spain and Germany lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Finland ($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 other leaders experienced more modest paces of growth.

Imports of Rosin And Resin Acids And Derivatives

Imports in Europe

In 2022, the amount of rosin and resin acids and derivatives imported in Europe dropped to X tons, which is down by X% against the previous year. In general, imports saw a slight decrease. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, rosin and resin acids imports expanded rapidly to $X in 2022. Over the period under review, imports showed a slight slump. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the eleven major importers of rosin and resin acids and derivatives, namely Germany, Portugal, the Netherlands, Italy, Spain, France, Belgium, Poland, the UK, Sweden and Russia, represented more than two-thirds of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Portugal ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Italy, Spain, France, the UK, Poland, Belgium, Russia and Sweden lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform