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

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Venezuela (CIF) - 2022
  2. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Venezuela

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

In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $169,372 per ton, which is down by -4.1% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 108%. The import price peaked at $176,676 per ton in 2021, and then fell slightly in the following year.

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 Brazil ($349,684 per ton), while the price for the United States ($102,330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+288.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of polyphenols; hydroquinone (quinol) and its saltses, when their volume increased by 120% to 156 kg. Overall, imports, however, saw a sharp decline.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses surged to $26K in 2022. In general, imports, however, continue to indicate a significant decline.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil39.727.25.813.3-30.5%
United States58.92.96.011.5-42.0%
India17.57.90.10.2-77.5%
Panama3.9N/AN/AN/A0%
Others4.52.40.61.4-32.2%
Total12440.312.526.4-40.3%

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

  1. United States (112.0 kg)
  2. Brazil (38.0 kg)
  3. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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