Price for Polyphenols; Resorcinol and Its Salts in Saudi Arabia - 2021
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Saudi Arabia (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Saudi Arabia
Price for Polyphenols; Resorcinol and Its Salts in Saudi Arabia (CIF) - 2022
In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $21,553 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2018 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $32,139 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Spain ($90,111 per ton), while the price for the UK ($14,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Polyphenols; Resorcinol and Its Salts in Saudi Arabia
In 2022, purchases abroad of polyphenols; resorcinol and its saltses was finally on the rise to reach 123 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic decrease.
In value terms, polyphenols; resorcinol and its salts imports surged to $2.7K in 2022. Overall, imports, however, saw a sharp slump.
| Import of Polyphenols; Resorcinol and Its Salts in Saudi Arabia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,729 | 730 | 450 | 1,333 | -8.3% |
| Spain | 1,446 | 1,038 | 857 | 811 | -17.5% |
| United Kingdom | 2,044 | 724 | 476 | 358 | -44.0% |
| Germany | 401 | 108 | 77.0 | 63.0 | -46.0% |
| Belgium | 962 | 246 | 121 | 38.0 | -65.9% |
| South Africa | N/A | N/A | 110 | N/A | 0% |
| Others | 2,411 | 354 | 11.0 | 48.0 | -72.9% |
| Total | 8,993 | 3,200 | 2,102 | 2,651 | -33.4% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Saudi Arabia in 2022:
- India (86.0 kg)
- United Kingdom (24.0 kg)
- Spain (9.0 kg)
- Germany (2.0 kg)
- Belgium (1.0 kg)
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