Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany (CIF) - 2023
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany (FOB) - 2023
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany (CIF) - 2023
In October 2023, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $61,905 per ton, picking up by 673% against the previous month. In general, the import price saw a prominent increase. 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 October 2023, the country with the highest price was Switzerland ($92,786 per ton), while the price for China stood at $26,105 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+11.9%), while the prices for the other major suppliers experienced a decline.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany (FOB) - 2023
The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $45,612 per ton in October 2023, surging by 704% against the previous month. In general, the export price continues to indicate prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was China ($88,341 per ton), while the average price for exports to the UK ($14,389 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany
For the third year in a row, Germany recorded decline in overseas purchases of polyphenols; hydroquinone (quinol) and its saltses, which decreased by -21.6% to 1.4K tons in 2022. In general, imports showed a abrupt decrease. The smallest decline of -0.6% was in 2021.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses soared to $14M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.4 | 4.9 | 8.0 | 9.6 | 21.1% |
| Italy | 2.3 | 2.7 | 2.5 | 3.6 | 16.1% |
| Belgium | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Japan | 1.2 | N/A | N/A | N/A | 0% |
| United States | 1.4 | N/A | 0.1 | N/A | -73.3% |
| Netherlands | N/A | 1.8 | 0.6 | N/A | -66.7% |
| Others | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Total | 10.6 | 9.7 | 11.7 | 13.8 | 9.2% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Germany in 2022:
- France (989.6 tons)
- Italy (327.3 tons)
- Belgium (52.1 tons)
- United States (1.2 tons)
- Netherlands (0.9 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany
In 2022, shipments abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -43.9% to 969 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses dropped slightly to $12M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, the exports reached the peak of $13M, and then dropped modestly in the following year.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.5 | 5.8 | 5.6 | 3.8 | 2.8% |
| Cote d'Ivoire | 1.8 | 1.5 | 3.4 | 3.5 | 24.8% |
| Senegal | 2.1 | 1.5 | 1.7 | 1.8 | -5.0% |
| Togo | 2.0 | 0.5 | 0.7 | 0.9 | -23.4% |
| Angola | N/A | N/A | N/A | 0.5 | 0% |
| Cameroon | 0.7 | 0.4 | 0.2 | 0.4 | -17.0% |
| Nigeria | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 0.7 | 0.6 | 0.9 | 1.1 | 16.3% |
| Total | 10.6 | 10.2 | 12.7 | 12.1 | 4.5% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Germany in 2022:
- Belgium (333.1 tons)
- Cote d'Ivoire (277.5 tons)
- Senegal (133.5 tons)
- Togo (68.0 tons)
- Angola (35.0 tons)
- Cameroon (24.0 tons)
- Nigeria (18.7 tons)
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