Price for Polyphenols; Resorcinol and Its Salts in Brazil - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Brazil (CIF) - 2023
- Price for Polyphenols; Resorcinol and Its Salts in Brazil (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Brazil
- Exports of Polyphenols; Resorcinol and Its Salts in Brazil
Price for Polyphenols; Resorcinol and Its Salts in Brazil (CIF) - 2023
The average import price for polyphenols; resorcinol and its saltses stood at $10,530 per ton in August 2023, with an increase of 1.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 17% month-to-month. Over the period under review, average import prices attained the maximum at $11,361 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($70,244 per ton), while the price for the United States ($9,789 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyphenols; Resorcinol and Its Salts in Brazil (FOB) - 2022
In 2022, the average export price for polyphenols; resorcinol and its saltses amounted to $12,306 per ton, declining by -33.5% against the previous year. Over the period under review, the export price, however, saw moderate growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 261%. As a result, the export price attained the peak level of $32,943 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +14.3% per year.
Imports of Polyphenols; Resorcinol and Its Salts in Brazil
In 2022, the amount of polyphenols; resorcinol and its saltses imported into Brazil fell significantly to 781 tons, which is down by -16% on 2021 figures. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of 930 tons, and then declined dramatically in the following year.
In value terms, polyphenols; resorcinol and its salts imports fell to $8.2M in 2022. In general, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.
| Import of Polyphenols; Resorcinol and Its Salts in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.5 | 4.2 | 3.4 | -1.0% |
| Japan | 4.6 | 3.2 | 3.1 | 2.8 | -15.3% |
| United States | 0.9 | 1.9 | 1.9 | 1.7 | 23.6% |
| Others | 0.4 | 0.6 | 0.4 | 0.3 | -9.1% |
| Total | 9.5 | 8.2 | 9.5 | 8.2 | -4.8% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Brazil in 2022:
- China (312.7 tons)
- Japan (284.0 tons)
- United States (167.6 tons)
Exports of Polyphenols; Resorcinol and Its Salts in Brazil
Polyphenols; resorcinol and its salts exports from Brazil surged to 4 tons in 2022, jumping by 6,852% compared with the year before. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, polyphenols; resorcinol and its salts exports soared to $50K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polyphenols; Resorcinol and Its Salts in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 5.9 | N/A | 47.8 | 184.6% |
| Venezuela | 3.8 | N/A | N/A | N/A | 0% |
| Chile | N/A | 2.1 | 0.7 | N/A | -66.7% |
| Mexico | 10.4 | 20.8 | N/A | N/A | 100.0% |
| Italy | N/A | 8.8 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.4 | 1.8 | 350.0% |
| Total | 14.3 | 37.6 | 1.1 | 49.6 | 51.4% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Brazil in 2022:
- Argentina (4.0 tons)
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