Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Estonia - 2023

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Estonia (CIF) - 2022
  2. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Estonia

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Estonia (CIF) - 2022

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $19,353 per ton in 2022, reducing by -56.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 123%. As a result, import price attained the peak level of $44,500 per ton, and then declined dramatically in the following year.

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 Belgium ($39,000 per ton), while the price for Germany amounted to $18,125 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Estonia

For the third consecutive year, Estonia recorded growth in purchases abroad of polyphenols; hydroquinone (quinol) and its saltses, which increased by 750% to 17 kg in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses soared to $329 in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 345%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Estonia (USD)
COUNTRY202020212022CAGR,
2020-2022
Germany20.019.0290280.8%
BelgiumN/A70.039.0-44.3%
OthersN/AN/AN/A0%
Total20.089.0329305.6%

Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Estonia in 2022:

  1. Germany (16.0 kg)
  2. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform

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