Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia - 2022
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $26,367 per ton in 2022, rising by 89% against the previous year. Overall, the import price showed a resilient expansion. As a result, import price reached 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 ($61,828 per ton), while the price for the United States ($17,656 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia (FOB) - 2022
The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $27,070 per ton in 2022, with an increase of 5.1% against the previous year. Overall, the export price recorded a strong increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +11.4% per year.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia
In 2022, overseas purchases of polyphenols; hydroquinone (quinol) and its saltses decreased by -16.7% to 9 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 195% against the previous year. As a result, imports reached the peak of 12 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 skyrocketed to $236K in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 207% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.8 | 35.5 | 13.8 | 107 | 204.2% |
United States | 20.4 | 80.3 | 54.9 | 89.6 | 63.8% |
Brazil | N/A | 0.1 | N/A | 20.3 | 1324.8% |
China | 37.4 | 75.7 | 13.7 | 11.9 | -31.7% |
Belgium | N/A | N/A | 63.8 | N/A | 0% |
Others | 2.3 | 5.0 | 3.9 | 7.2 | 46.3% |
Total | 64.0 | 197 | 150 | 236 | 54.5% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Colombia in 2022:
- United States (5.1 tons)
- India (3.1 tons)
- Brazil (0.5 tons)
- China (0.2 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia
After three years of growth, shipments abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -32.9% to 100 kg in 2022. Overall, exports showed a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses shrank significantly to $2.7K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year.
Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 1.2 | 2.3 | 3.0 | 2.7 | 31.0% |
Chile | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Venezuela | 0.6 | 0.1 | 0.3 | N/A | -29.3% |
Others | 0.1 | 0.4 | 0.4 | N/A | 100.0% |
Total | 2.2 | 3.0 | 3.8 | 2.7 | 7.1% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Colombia in 2022:
- Ecuador (100.0 kg)
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