Price for Quinones; Other than Anthraquinone in Belgium - 2024

Contents:

1. Price for Quinones; Other than Anthraquinone in Belgium (CIF) - 2022
2. Price for Quinones; Other than Anthraquinone in Belgium (FOB) - 2022
3. Imports of Quinones; Other than Anthraquinone in Belgium
4. Exports of Quinones; Other than Anthraquinone in Belgium

Price for Quinones; Other than Anthraquinone in Belgium (CIF) - 2022

In 2022, the average quinones; other than anthraquinone import price amounted to $21,058 per ton, which is down by -21.8% against the previous year. Overall, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The import price peaked at $31,034 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($82,340 per ton), while the price for China ($11,965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Quinones; Other than Anthraquinone in Belgium (FOB) - 2022

In 2022, the average quinones; other than anthraquinone export price amounted to $36,268 per ton, waning by -28.5% against the previous year. Overall, the export price continues to indicate a mild setback. The growth pace was the most rapid in 2018 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices attained the peak figure at $76,867 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($253,750 per ton), while the average price for exports to Finland ($3,712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Quinones; Other than Anthraquinone in Belgium

For the fourth consecutive year, Belgium recorded growth in purchases abroad of quinones; other than anthraquinones, which increased by 49% to 859 tons in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, quinones; other than anthraquinone imports surged to $18M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Quinones; Other than Anthraquinone to Belgium in 2022:

1. China (339.0 tons)
2. Netherlands (337.5 tons)
3. Ireland (155.2 tons)
4. Germany (9.7 tons)

Exports of Quinones; Other than Anthraquinone in Belgium

For the fourth consecutive year, Belgium recorded growth in shipments abroad of quinones; other than anthraquinones, which increased by 42% to 204 tons in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, quinones; other than anthraquinone exports amounted to $7.4M in 2022. The total export value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Quinones; Other than Anthraquinone from Belgium in 2022:

1. Germany (104.6 tons)
2. France (54.5 tons)
3. Spain (14.2 tons)
4. Italy (11.9 tons)
5. Finland (4.2 tons)
6. Turkey (3.1 tons)
7. United Kingdom (2.9 tons)

Source: IndexBox Market Intelligence Platform