Price for Polyphenols; Resorcinol and Its Salts in Vietnam - 2021
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Vietnam (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Vietnam
Price for Polyphenols; Resorcinol and Its Salts in Vietnam (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $9,854 per ton in 2022, increasing by 2.5% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 51%. Over the period under review, average import prices attained the maximum at $10,107 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($18,502 per ton), while the price for the United States ($7,212 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Resorcinol and Its Salts in Vietnam
After three years of growth, supplies from abroad of polyphenols; resorcinol and its saltses decreased by -3% to 283 tons in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 290% against the previous year.
In value terms, polyphenols; resorcinol and its salts imports declined to $2.8M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 346% against the previous year.
| Import of Polyphenols; Resorcinol and Its Salts in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 370 | 1,884 | 1,908 | 1,920 | 73.1% |
| China | 149 | 485 | 476 | 508 | 50.5% |
| United Kingdom | 17.0 | 164 | 199 | 139 | 101.5% |
| Thailand | 26.2 | 79.3 | 16.8 | 63.8 | 34.5% |
| Estonia | 7.7 | 85.8 | 55.2 | 57.7 | 95.7% |
| United States | 10.2 | 4.6 | 46.9 | 49.0 | 68.7% |
| Others | 41.4 | 65.2 | 98.2 | 46.0 | 3.6% |
| Total | 621 | 2,768 | 2,800 | 2,784 | 64.9% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Vietnam in 2022:
- Japan (208.5 tons)
- China (45.7 tons)
- United Kingdom (7.5 tons)
- United States (6.8 tons)
- Thailand (5.5 tons)
- Estonia (5.3 tons)
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