Price for Polyphenols; Resorcinol and Its Salts in Latvia - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Latvia (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Latvia
Price for Polyphenols; Resorcinol and Its Salts in Latvia (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $28,000 per ton in 2022, which is down by -24.3% against the previous year. Overall, the import price, however, saw a strong expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 337% against the previous year. The import price peaked at $44,333 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.5% per year.
Imports of Polyphenols; Resorcinol and Its Salts in Latvia
In 2022, imports of polyphenols; resorcinol and its saltses into Latvia surged to 4 kg, rising by 300% compared with 2021 figures. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, polyphenols; resorcinol and its salts imports surged to $112 in 2022. Overall, imports, however, continue to indicate a deep setback.
| Import of Polyphenols; Resorcinol and Its Salts in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 133 | N/A | 37.0 | 112 | -5.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 133 | N/A | 37.0 | 112 | -5.6% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Latvia in 2022:
- Germany (4.0 kg)
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