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

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania (FOB) - 2022
  2. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania (CIF) - 2022
  3. Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania
  4. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania (FOB) - 2022

The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $13,115 per ton in 2022, surging by 83% against the previous year. Overall, export price indicated a strong increase from 2015 to 2022: its price increased at an average annual rate of +8.2% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyphenols; hydroquinone (quinol) and its saltses increased by +92.6% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($15,167 per ton), while the average price for exports to Latvia stood at $12,190 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+7.1%).

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

In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $12,692 per ton, rising by 62% against the previous year. Over the period under review, the import price saw temperate growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 499% against the previous year. As a result, import price attained the peak level of $52,500 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($16,400 per ton), while the price for the UK ($5,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania

Exports of polyphenols; hydroquinone (quinol) and its saltses from Lithuania skyrocketed to 65 tons in 2022, growing by 63% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $853K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia98.513527954977.3%
KazakhstanN/AN/AN/A3030%
SpainN/A18.8N/AN/A0%
Others19.827.36.90.6-68.8%
Total11818128685393.4%

Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Lithuania in 2022:

  1. Latvia (45.0 tons)
  2. Kazakhstan (20.0 tons)

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

Imports of polyphenols; hydroquinone (quinol) and its saltses into Lithuania surged to 65 tons in 2022, increasing by 271% against the previous year. Over the period under review, imports continue to indicate 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 surged to $825K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.30.694.65211102.0%
FranceN/AN/AN/A3030%
Netherlands37.3N/AN/A0.1-86.1%
United Kingdom48.014041.80.1-87.2%
Others0.10.50.30.458.7%
Total85.7141137825112.7%

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

  1. Belgium (45.0 tons)
  2. France (20.0 tons)

Source: IndexBox Market Intelligence Platform

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