Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy - 2023

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy (CIF) - 2023
  2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy (FOB) - 2022
  3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy
  4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy (CIF) - 2023

The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,089 per ton in November 2023, with a decrease of -2.7% against the previous month. In general, the import price showed a slight decline. The growth pace was the most rapid in March 2023 when the average import price increased by 8.3% m-o-m. Over the period under review, average import prices attained the peak figure at $2,468 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,888 per ton), while the price for China ($1,815 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy (FOB) - 2022

In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $3,686 per ton, growing by 24% against the previous year. In general, the export price, however, saw a mild contraction. Over the period under review, the average export prices attained the peak figure at $4,338 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7,446 per ton), while the average price for exports to Greece ($1,674 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 France (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy

In 2022, approx. 69K tons of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses were imported into Italy; reducing by -9.2% on 2021. Over the period under review, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 76K tons, and then fell in the following year.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses reduced modestly to $165M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 30%. As a result, imports reached the peak of $169M, and then shrank in the following year.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France59.839.053.448.9-6.5%
China21.015.026.028.010.1%
South Korea13.014.922.025.825.7%
Belgium17.218.621.624.813.0%
Germany7.19.713.710.614.3%
Japan6.39.810.19.615.1%
Netherlands10.810.67.57.1-13.0%
Thailand7.87.28.13.7-22.0%
Others4.34.56.26.715.9%
Total1471291691653.9%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Italy in 2022:

  1. France (19.3K tons)
  2. China (14.1K tons)
  3. South Korea (11.0K tons)
  4. Belgium (9.4K tons)
  5. Germany (4.1K tons)
  6. Netherlands (3.2K tons)
  7. Japan (3.1K tons)
  8. Thailand (1.4K tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy

In 2022, overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -33.4% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of 2.7K tons, and then shrank dramatically in the following year.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses declined remarkably to $6.5M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $7.9M, and then shrank significantly in the following year.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7401,0838791,360-7.9%
Croatia1,0408811,1111,0670.9%
France6458991,29999715.6%
Serbia22.6113688450171.0%
Spain14526264342743.3%
Austria81.639865038667.9%
Poland23.522.084.3340143.7%
Hungary63.761.679.224857.3%
Netherlands11230.624.915812.2%
Romania85.496.510115622.2%
South Africa15.942.398.891.879.4%
Turkey10546721972.0-11.8%
Greece72.929.554.844.9-14.9%
Others1,2701,0661,980719-17.3%
Total5,4235,4527,9126,5176.3%

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Italy in 2022:

  1. Croatia (339.5 tons)
  2. France (225.2 tons)
  3. Germany (182.6 tons)
  4. Spain (176.8 tons)
  5. Serbia (151.0 tons)
  6. Austria (129.8 tons)
  7. Hungary (111.8 tons)
  8. Poland (86.8 tons)
  9. Netherlands (76.0 tons)
  10. Romania (50.2 tons)
  11. South Africa (29.1 tons)
  12. Greece (26.8 tons)
  13. Turkey (24.5 tons)

Source: IndexBox Market Intelligence Platform

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