The Gum Rosin market in the UAE has experienced notable fluctuations over the past few years, influenced by various economic and industrial factors. This analysis provides a detailed overview of the historical price trends, forecasts future prices, and examines the key drivers impacting the supply and demand for Gum Rosin in the UAE.
From January 2022 to May 2024, Gum Rosin prices in the UAE have shown significant variations. The price saw a steady increase through 2022, peaking in October due to heightened demand from the adhesives industry. However, a subsequent decline in early 2023 was observed, attributed to improved supply chains and increased imports.