Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $7,296 per ton, with an increase of 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. Over the period under review, average import prices attained the maximum at $7,450 per ton in 2014; however, from 2015 to 2022, 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 China ($13,507 per ton), while the price for Japan ($3,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa (FOB) - 2022
In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $20,996 per ton, with an increase of 57% against the previous year. Overall, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices reached the maximum at $24,013 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($21,248 per ton), while the average price for exports to Mozambique stood at $13,617 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+10.6%).
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa
In 2022, overseas purchases of polyphenols; hydroquinone (quinol) and its saltses decreased by -7.6% to 275 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 50% against the previous year. As a result, imports reached the peak of 490 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses expanded markedly to $2M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 38.8 | 910 | 1,589 | 1,578 | 243.9% |
| India | 31.9 | 132 | 71.1 | 191 | 81.6% |
| China | 1.1 | 13.4 | 27.4 | 172 | 438.7% |
| Japan | 1,584 | 1,710 | N/A | 3.0 | -87.6% |
| Others | 30.5 | 15.6 | 65.1 | 61.0 | 26.0% |
| Total | 1,686 | 2,781 | 1,753 | 2,004 | 5.9% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to South Africa in 2022:
- France (238.3 tons)
- India (18.3 tons)
- China (12.7 tons)
- Japan (1.0 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa
In 2022, overseas shipments of polyphenols; hydroquinone (quinol) and its saltses decreased by -12.9% to 8.2 tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 689% against the previous year. As a result, the exports reached the peak of 9.5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $172K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 290%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 9.0 | 100 | 120 | 167 | 164.7% |
| Mozambique | N/A | N/A | N/A | 4.1 | 0% |
| Zambia | 5.1 | 11.0 | N/A | N/A | 115.7% |
| Others | 14.7 | 1.0 | 5.1 | 0.4 | -69.9% |
| Total | 28.8 | 112 | 125 | 172 | 81.4% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from South Africa in 2022:
- Zimbabwe (7.9 tons)
- Mozambique (0.3 tons)
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