Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand - 2024
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $7,283 per ton, with an increase of 15% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue 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 India ($20,354 per ton), while the price for China ($6,038 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand (FOB) - 2022
In 2020, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $38,565 per ton, growing by 66% against the previous year. Overall, the export price posted a significant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 349% against the previous year. Over the period under review, the average export prices reached the maximum in 2020 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bangladesh.
From 2012 to 2020, the rate of growth in terms of prices for South Africa amounted to +4.7% per year.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand
In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Thailand fell markedly to 202 tons, shrinking by -22.3% compared with the year before. Overall, imports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 261 tons, and then declined rapidly in the following year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses fell to $1.5M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports attained the peak of $1.6M, and then fell in the following year.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 478 | 499 | 678 | 725 | 14.9% |
| Japan | 532 | 270 | 680 | 442 | -6.0% |
| United States | 238 | 278 | 157 | 191 | -7.1% |
| India | 43.3 | 83.8 | 46.5 | 66.2 | 15.2% |
| Others | 45.5 | 62.1 | 82.2 | 50.4 | 3.5% |
| Total | 1,337 | 1,193 | 1,644 | 1,475 | 3.3% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Thailand in 2022:
- China (120.0 tons)
- Japan (50.0 tons)
- United States (23.0 tons)
- India (3.3 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand
Exports of polyphenols; hydroquinone (quinol) and its saltses from Thailand reduced remarkably to 200 kg in 2020, which is down by -46.2% against the year before. Over the period under review, exports faced a sharp decrease.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses contracted to $7.7K in 2020. Overall, exports recorded a abrupt contraction.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Bangladesh | 8.6 | 7.7 | -10.5% | ||
| Others | N/A | N/A | 0% | ||
| Total | 8.6 | 7.7 | -10.5% | ||
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Thailand in 2022:
- Bangladesh (200.0 kg)
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