Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $13,410 per ton in 2022, increasing by 40% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphenols; hydroquinone (quinol) and its saltses increased by +64.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($30,581 per ton), while the price for Singapore ($1,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia (FOB) - 2022
In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $33,487 per ton, declining by -34.3% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The growth pace was the most rapid in 2021 when the average export price increased by 1,130%. As a result, the export price attained the peak level of $50,995 per ton, and then contracted rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($218,587 per ton), while the average price for exports to Singapore totaled $1,051 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia
In 2022, overseas purchases of polyphenols; hydroquinone (quinol) and its saltses decreased by -48.7% to 19 tons, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 11%. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses declined remarkably to $259K in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports reached the peak of $489K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 124 | 188 | 148 | 136 | 3.1% |
| India | 67.0 | 128 | 173 | 55.3 | -6.2% |
| United States | 159 | 104 | 22.8 | 49.2 | -32.4% |
| Indonesia | N/A | N/A | N/A | 5.9 | 0% |
| Japan | N/A | 1.3 | N/A | 5.9 | 113.0% |
| Singapore | 31.1 | 26.1 | 11.8 | 4.0 | -49.5% |
| France | 9.3 | 41.1 | 2.7 | N/A | -46.1% |
| Others | 2.9 | N/A | 2.4 | 2.8 | -1.2% |
| Total | 394 | 489 | 360 | 259 | -13.1% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Malaysia in 2022:
- United States (5.3 tons)
- India (4.8 tons)
- China (4.5 tons)
- Singapore (3.8 tons)
- Indonesia (0.4 tons)
- Japan (0.4 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia
In 2022, overseas shipments of polyphenols; hydroquinone (quinol) and its saltses decreased by -67.6% to 2 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 700% against the previous year. As a result, the exports reached the peak of 7.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses contracted dramatically to $67K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,993%.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | 298 | 65.6 | -78.0% |
| Singapore | 1.5 | 5.3 | 3.7 | 1.8 | 6.3% |
| Thailand | N/A | 1.9 | 5.7 | N/A | 200.0% |
| India | N/A | 20.1 | N/A | N/A | 0% |
| Australia | N/A | 4.5 | N/A | N/A | 0% |
| Madagascar | N/A | N/A | 6.1 | N/A | 0% |
| Others | N/A | N/A | 3.5 | N/A | 0% |
| Total | 1.5 | 31.8 | 317 | 67.4 | 255.5% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Malaysia in 2022:
- Singapore (1.7 tons)
- Iran (0.3 tons)
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