Price for Polyphenols; Resorcinol and Its Salts in Portugal - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Portugal (CIF) - 2022
- Price for Polyphenols; Resorcinol and Its Salts in Portugal (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Portugal
- Exports of Polyphenols; Resorcinol and Its Salts in Portugal
Price for Polyphenols; Resorcinol and Its Salts in Portugal (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $11,533 per ton in 2022, with an increase of 11% against the previous year. In general, the import price recorded a remarkable increase. The growth pace was the most rapid in 2018 an increase of 49%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady 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 France ($25,227 per ton), while the price for Belgium ($7,972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Resorcinol and Its Salts in Portugal (FOB) - 2022
The average export price for polyphenols; resorcinol and its saltses stood at $7,857 per ton in 2022, with an increase of 68% against the previous year. In general, the export price saw a measured expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 818% against the previous year. As a result, the export price attained the peak level of $10,207 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 Angola.
From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +46.4% per year.
Imports of Polyphenols; Resorcinol and Its Salts in Portugal
In 2022, supplies from abroad of polyphenols; resorcinol and its saltses increased by 583% to 23 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp decline.
In value terms, polyphenols; resorcinol and its salts imports soared to $268K in 2022. Overall, imports, however, continue to indicate a precipitous curtailment.
| Import of Polyphenols; Resorcinol and Its Salts in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.4 | 0.5 | 3.6 | 118 | 565.7% |
| Belgium | 512 | 229 | 17.8 | 112 | -39.7% |
| Netherlands | 463 | 97.8 | N/A | 32.1 | -58.9% |
| Others | 0.7 | 0.4 | 13.9 | 6.2 | 106.9% |
| Total | 976 | 327 | 35.3 | 268 | -35.0% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Portugal in 2022:
- Belgium (14.0 tons)
- France (4.7 tons)
- Netherlands (4.0 tons)
Exports of Polyphenols; Resorcinol and Its Salts in Portugal
After three years of growth, shipments abroad of polyphenols; resorcinol and its saltses decreased by -97.8% to 21 kg in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,929% against the previous year. As a result, the exports reached the peak of 967 kg, and then contracted notably in the following year.
In value terms, polyphenols; resorcinol and its salts exports shrank remarkably to $165 in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,059%. As a result, the exports attained the peak of $4.5K, and then reduced notably in the following year.
| Export of Polyphenols; Resorcinol and Its Salts in Portugal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 35.0 | N/A | 162 | 165 | 67.7% |
| Spain | N/A | 210 | 200 | N/A | -4.8% |
| Germany | N/A | N/A | 457 | N/A | 0% |
| France | N/A | N/A | 3,069 | N/A | 0% |
| Netherlands | N/A | N/A | 477 | N/A | 0% |
| Others | N/A | N/A | 168 | N/A | 0% |
| Total | 35.0 | 210 | 4,533 | 165 | 67.7% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Portugal in 2022:
- Angola (21.0 kg)
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