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

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands (FOB) - 2023
  2. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands (CIF) - 2022
  3. Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands
  4. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands (FOB) - 2023

In August 2023, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $6,294 per ton, reducing by -31.7% against the previous month. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in December 2022 an increase of 28% against the previous month. Over the period under review, the average export prices hit record highs at $12,462 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($9,499 per ton), while the average price for exports to Poland ($4,755 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $8,592 per ton, increasing by 34% 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 +2.6% 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 +110.4% against 2017 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 China ($40,676 per ton), while the price for Japan ($6,755 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of polyphenols; hydroquinone (quinol) and its saltses were finally on the rise to reach 825 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep reduction.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses surged to $7.4M in 2022. In general, exports, however, saw a noticeable shrinkage.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.62.92.43.2-3.9%
Poland3.61.1N/A1.8-20.6%
ItalyN/A0.10.91.5287.3%
Belgium0.50.40.40.3-15.7%
Spain0.10.10.20.344.2%
Cameroon0.5N/AN/A0.1-41.5%
Others0.30.40.80.2-12.6%
Total8.54.84.77.4-4.5%

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

  1. Germany (361.1 tons)
  2. Poland (213.8 tons)
  3. Italy (161.0 tons)
  4. Belgium (30.3 tons)
  5. Spain (23.4 tons)
  6. Cameroon (14.0 tons)

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

In 2022, purchases abroad of polyphenols; hydroquinone (quinol) and its saltses was finally on the rise to reach 770 tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $6.6M in 2022. Overall, imports, however, recorded a perceptible downturn.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.62.12.03.9-5.4%
Japan1.91.91.11.1-16.7%
Italy0.20.30.70.535.7%
France0.70.30.40.5-10.6%
ChinaN/A0.20.40.558.1%
Others0.10.10.20.226.0%
Total7.54.94.86.6-4.2%

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

  1. United States (452.9 tons)
  2. Japan (157.0 tons)
  3. France (69.6 tons)
  4. Italy (54.1 tons)
  5. China (13.4 tons)

Source: IndexBox Market Intelligence Platform

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