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

Contents:

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

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the Netherlands (FOB) - 2023

In November 2023, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,374 per ton, therefore, remained relatively stable against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 23% month-to-month. As a result, the export price attained the peak level of $2,811 per ton. From May 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the United States ($3,991 per ton), while the average price for exports to Sweden ($2,088 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,038 per ton, surging by 3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 12% m-o-m. As a result, import price reached the peak level of $2,353 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,855 per ton), while the price for China ($1,521 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 United States (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses from the Netherlands shrank dramatically to 84K tons in 2022, which is down by -32.3% compared with 2021 figures. Over the period under review, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, the exports attained the peak of 124K tons, and then plummeted in the following year.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses shrank to $204M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $217M, and then dropped in the following year.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.963.459.073.110.7%
Belgium5.77.836.928.170.2%
France23.920.624.826.63.6%
Spain10.59.114.519.222.3%
Poland14.69.19.68.2-17.5%
Italy18.521.224.17.8-25.0%
United States7.25.07.37.40.9%
China9.77.67.94.8-20.9%
Hungary7.95.04.34.5-17.1%
Sweden4.13.23.53.4-6.0%
United Kingdom3.22.91.92.7-5.5%
Turkey6.22.84.11.8-33.8%
Portugal7.14.71.51.3-43.2%
Others24.722.417.315.0-15.3%
Total1971852172041.2%

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

  1. Germany (30.9K tons)
  2. France (11.6K tons)
  3. Belgium (11.5K tons)
  4. Spain (7.6K tons)
  5. Italy (3.1K tons)
  6. United States (2.6K tons)
  7. Poland (2.6K tons)
  8. Hungary (2.1K tons)
  9. China (1.9K tons)
  10. Sweden (1.6K tons)
  11. United Kingdom (1.3K tons)
  12. Turkey (0.7K tons)
  13. Portugal (0.5K tons)

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

In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into the Netherlands was estimated at 73K tons, growing by 14% compared with 2021. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 38%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses soared to $167M in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4.124.349.772.2160.2%
China9.812.318.529.544.4%
Germany12.212.516.914.55.9%
France6.911.418.813.023.5%
United States20.927.210.012.3-16.2%
Belgium9.15.917.611.89.0%
Taiwan (Chinese)2.31.30.84.121.3%
Estonia1.72.02.82.919.5%
Others7.46.77.27.0-1.8%
Total74.610414216730.8%

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

  1. South Korea (31.1K tons)
  2. China (14.9K tons)
  3. Germany (5.9K tons)
  4. France (5.1K tons)
  5. Belgium (4.8K tons)
  6. United States (4.6K tons)
  7. Taiwan (Chinese) (2.4K tons)
  8. Estonia (1.7K tons)

Source: IndexBox Market Intelligence Platform

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