Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore - 2022
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $15,790 per ton in September 2022, jumping by 32% against the previous month. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 45% m-o-m. The import price peaked at $15,930 per ton in July 2022; however, from August 2022 to September 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($21,035 per ton), while the price for Japan ($13,219 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore (FOB) - 2022
The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $5,043 per ton in 2022, increasing by 36% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. 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 decreased by -2.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 80%. As a result, the export price reached the peak level of $6,702 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,360 per ton), while the average price for exports to the Philippines ($2,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore
Imports of polyphenols; hydroquinone (quinol) and its saltses into Singapore contracted modestly to 366 tons in 2022, with a decrease of -1.8% against 2021 figures. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, imports reached the peak of 372 tons, and then fell modestly in the following year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses surged to $3.6M in 2022. In general, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,030 | 1,033 | 1,006 | 2,050 | 25.8% |
| China | 389 | 330 | 685 | 847 | 29.6% |
| United States | 345 | 263 | 366 | 621 | 21.6% |
| France | 93.5 | 71.3 | 148 | 117 | 7.8% |
| Italy | N/A | 28.4 | 127 | N/A | 347.2% |
| Others | 19.5 | 46.6 | 55.1 | 7.7 | -26.6% |
| Total | 1,877 | 1,773 | 2,387 | 3,643 | 24.7% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Singapore in 2022:
- Japan (217.2 tons)
- China (79.3 tons)
- United States (51.0 tons)
- France (15.2 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore
In 2022, approx. 22 tons of polyphenols; hydroquinone (quinol) and its saltses were exported from Singapore; which is down by -54.5% against 2021 figures. Overall, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 76%. As a result, the exports attained the peak of 47 tons, and then fell notably in the following year.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses contracted significantly to $109K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, the exports reached the peak of $175K, and then declined rapidly in the following year.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 38.2 | 109 | 72.5 | 81.9 | 28.9% |
| Indonesia | 7.9 | 1.0 | 0.9 | 15.3 | 24.6% |
| Philippines | 15.8 | 9.0 | 21.8 | 4.5 | -34.2% |
| Thailand | 4.1 | 11.5 | 10.4 | 2.2 | -18.7% |
| China | 42.0 | 3.8 | 68.2 | 0.8 | -73.3% |
| Others | 1.7 | 4.3 | 1.6 | 3.8 | 30.8% |
| Total | 110 | 139 | 175 | 109 | -0.3% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Singapore in 2022:
- Malaysia (14.9 tons)
- Indonesia (3.7 tons)
- Philippines (2.1 tons)
- Thailand (0.3 tons)
- China (0.2 tons)
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