Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Israel - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Israel (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Israel
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Israel (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $9,590 per ton, increasing by 60% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +106.0% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($9,615 per ton) and Greece ($9,592 per ton), while the price for the United States ($9,569 per ton) and India ($9,589 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+59.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Israel
In 2022, after three years of growth, there was significant decline in purchases abroad of polyphenols; hydroquinone (quinol) and its saltses, when their volume decreased by -19.5% to 3.8 tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 47%.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses surged to $36K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 15.0 | 0% |
| India | 1.0 | 15.0 | 19.0 | 14.0 | 141.0% |
| Greece | N/A | N/A | 2.0 | 4.0 | 100.0% |
| United States | N/A | 1.0 | N/A | 2.0 | 41.4% |
| Germany | 14.0 | 5.0 | 2.0 | 1.0 | -58.5% |
| China | N/A | N/A | 2.0 | N/A | 0% |
| France | N/A | N/A | 2.0 | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 15.0 | 21.0 | 28.0 | 36.0 | 33.9% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Israel in 2022:
- Poland (1564.0 kg)
- India (1460.0 kg)
- Greece (417.0 kg)
- United States (209.0 kg)
- Germany (104.0 kg)
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