Price for Polyphenols; Resorcinol and Its Salts in Ethiopia - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Ethiopia (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Ethiopia
Price for Polyphenols; Resorcinol and Its Salts in Ethiopia (CIF) - 2022
In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $60,047 per ton, rising by 16% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2018 an increase of 114%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($962,067 per ton), while the price for China stood at $49,315 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Resorcinol and Its Salts in Ethiopia
Polyphenols; resorcinol and its salts imports into Ethiopia reduced to 2.7 tons in 2022, waning by -6.6% on 2021. Overall, imports showed a deep reduction.
In value terms, polyphenols; resorcinol and its salts imports rose markedly to $163K in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Polyphenols; Resorcinol and Its Salts in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 103 | 112 | 122 | 132 | 8.6% |
| United Kingdom | 22.6 | 24.5 | 26.6 | 28.9 | 8.5% |
| Others | 1.3 | 1.8 | 1.8 | 1.8 | 11.5% |
| Total | 127 | 138 | 150 | 163 | 8.7% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Ethiopia in 2022:
- China (2680.0 kg)
- United Kingdom (30.0 kg)
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