Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $14,171 per ton in 2022, surging by 30% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +84.4% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($57,618 per ton), while the price for China ($10,048 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 (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland (FOB) - 2022
The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $38,821 per ton in 2022, increasing by 17% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 increased by +33.8% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 49%. The export price peaked at $63,699 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($38,896 per ton), while the average price for exports to Saudi Arabia ($5,000 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 Germany (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland
For the fourth consecutive year, Switzerland recorded growth in overseas purchases of polyphenols; hydroquinone (quinol) and its saltses, which increased by 44% to 28 tons in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.3% against 2019 indices. 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 skyrocketed to $399K in 2022. Overall, imports enjoyed 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.9 | 25.8 | 34.6 | 152 | 195.3% |
| United Kingdom | N/A | N/A | N/A | 97.7 | 0% |
| China | 19.0 | 19.2 | 36.5 | 87.2 | 66.2% |
| United States | 29.8 | 2.8 | 46.0 | 46.2 | 15.7% |
| Germany | 43.2 | 26.5 | 36.3 | 7.6 | -44.0% |
| Lithuania | 11.1 | N/A | N/A | N/A | 0% |
| Netherlands | 46.1 | 89.4 | N/A | N/A | 93.9% |
| Others | 1.7 | 4.1 | 59.9 | 8.1 | 68.3% |
| Total | 157 | 168 | 213 | 399 | 36.5% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Switzerland in 2022:
- France (13.1 tons)
- China (8.7 tons)
- United Kingdom (4.6 tons)
- United States (0.8 tons)
- Germany (0.5 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland
After three years of growth, overseas shipments of polyphenols; hydroquinone (quinol) and its saltses decreased by -17.7% to 8.5 tons in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. As a result, the exports reached the peak of 10 tons, and then declined significantly in the following year.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses fell slightly to $329K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 169% against the previous year. As a result, the exports reached the peak of $343K, and then declined in the following year.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | N/A | 294 | 303 | 811.6% |
| Germany | 24.8 | 60.2 | 33.0 | 19.4 | -7.9% |
| Italy | N/A | 2.6 | N/A | N/A | 0% |
| Saudi Arabia | 75.1 | 56.9 | N/A | N/A | -24.2% |
| Others | 28.8 | 7.5 | 16.1 | 7.3 | -36.7% |
| Total | 129 | 127 | 343 | 329 | 36.6% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Switzerland in 2022:
- United States (7.8 tons)
- Germany (0.7 tons)
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