Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece (FOB) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece (CIF) - 2022
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece (FOB) - 2022
In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $29,878 per ton, reducing by -76% against the previous year. In general, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 362%. Over the period under review, the average export prices hit record highs at $124,300 per ton in 2021, and then fell significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Israel.
From 2012 to 2022, the rate of growth in terms of prices for Cyprus amounted to +48.4% per year.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $2,825 per ton, falling by -88.4% against the previous year. In general, the import price faced a precipitous curtailment. The pace of growth was the most pronounced in 2016 an increase of 149% against the previous year. Over the period under review, average import prices hit record highs at $33,607 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Spain ($35,155 per ton), while the price for Bulgaria ($505 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced a decline.
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece
In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses exported from Greece surged to 449 kg, with an increase of 2,145% compared with the year before. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses surged to $13K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 487%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 13.2 | 0% |
| Others | 0.6 | 3.3 | 2.5 | 0.2 | -30.7% |
| Total | 0.6 | 3.3 | 2.5 | 13.4 | 181.6% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Greece in 2022:
- Israel (443.0 kg)
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece
For the fourth consecutive year, Greece recorded growth in supplies from abroad of polyphenols; hydroquinone (quinol) and its saltses, which increased by 639% to 4 tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses fell to $11K in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, imports reached the peak of $13K, and then declined in the following year.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.5 | 3.0 | 8.4 | 7.0 | 26.0% |
| Bulgaria | N/A | N/A | N/A | 1.9 | 0% |
| Italy | 1.2 | 2.4 | 1.4 | 1.6 | 10.1% |
| Germany | 1.0 | 1.8 | 1.7 | 0.9 | -3.5% |
| United States | N/A | N/A | 1.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 7.3 | 13.3 | 11.4 | 25.3% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Greece in 2022:
- Bulgaria (3.7 tons)
- Spain (0.2 tons)
- Germany (0.1 tons)
- Italy (0.1 tons)
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