Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Serbia - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Serbia (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Serbia
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Serbia (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $19,059 per ton, growing by 6.1% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 178%. The import price peaked at $33,063 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($20,041 per ton), while the price for France ($14,401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Serbia
In 2022, approx. 23 tons of polyphenols; hydroquinone (quinol) and its saltses were imported into Serbia; jumping by 70% on the year before. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,264%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses surged to $430K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,162%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 152 | 371 | 144.1% |
| France | N/A | N/A | 4.8 | 56.9 | 1085.4% |
| Italy | 0.2 | N/A | 75.6 | 0.5 | 35.7% |
| Russia | 3.2 | 2.7 | 1.2 | N/A | -38.8% |
| Others | 0.3 | 7.8 | 5.2 | 1.8 | 81.7% |
| Total | 3.8 | 10.6 | 239 | 430 | 383.7% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Serbia in 2022:
- Turkey (18.5 tons)
- France (4.0 tons)
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