Germany: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Germany

In 2022, the German rosin and resin acids market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption continues to indicate a noticeable contraction. Rosin and resin acids consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Rosin And Resin Acids And Derivatives in Germany

In value terms, rosin and resin acids production skyrocketed to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 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 from Germany

For the third consecutive year, Germany recorded decline in shipments abroad of rosin and resin acids and derivatives, which decreased by X% to X tons in 2022. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, rosin and resin acids exports stood at $X in 2022. Overall, exports recorded a mild contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons), India (X tons) and Austria (X tons) were the main destinations of rosin and resin acids exports from Germany, together comprising X% of total exports. The Netherlands, Serbia, Switzerland, China, Sweden, the UK, Brazil, Finland, France and Poland lagged somewhat behind, together comprising a further X%.

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

In value terms, India ($X), the Czech Republic ($X) and Brazil ($X) appeared to be the largest markets for rosin and resin acids exported from Germany worldwide, with a combined X% share of total exports.

Among the main countries of destination, Brazil, with a CAGR of X%, recorded 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

In 2022, the average rosin and resin acids export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (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 Germany

In 2022, imports of rosin and resin acids and derivatives into Germany fell to X tons, declining by X% on the previous year. In general, imports showed a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, rosin and resin acids imports reached $X in 2022. Overall, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Portugal (X tons) constituted the largest rosin and resin acids supplier to Germany, accounting for a X% share of total imports. Moreover, rosin and resin acids imports from Portugal exceeded the figures recorded by the second-largest supplier, Finland (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Belgium (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of rosin and resin acids and derivatives to Germany, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average rosin and resin acids import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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