Price for Polyphenols; Resorcinol and Its Salts in Egypt - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Egypt (CIF) - 2022
- Price for Polyphenols; Resorcinol and Its Salts in Egypt (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Egypt
- Exports of Polyphenols; Resorcinol and Its Salts in Egypt
Price for Polyphenols; Resorcinol and Its Salts in Egypt (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $8,663 per ton in 2022, reducing by -11% against the previous year. Overall, the import price, however, recorded a moderate expansion. The growth pace was the most rapid in 2018 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $10,107 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8,664 per ton), while the price for India ($8,662 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Resorcinol and Its Salts in Egypt (FOB) - 2022
The average export price for polyphenols; resorcinol and its saltses stood at $14,290 per ton in 2021, jumping by 38% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price attained the peak level 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 India.
From 2015 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Polyphenols; Resorcinol and Its Salts in Egypt
In 2022, polyphenols; resorcinol and its salts imports into Egypt fell significantly to 29 tons, with a decrease of -73.9% compared with the year before. Over the period under review, imports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year.
In value terms, polyphenols; resorcinol and its salts imports declined remarkably to $252K in 2022. In general, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 6.8% against the previous year.
| Import of Polyphenols; Resorcinol and Its Salts in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 417 | 398 | 354 | 191 | -22.9% |
| India | 3.5 | 1.3 | 1.2 | 40.1 | 125.4% |
| China | 105 | 28.8 | 8.0 | 20.9 | -41.6% |
| United States | 203 | 209 | 246 | N/A | 10.1% |
| Netherlands | 359 | 343 | 375 | N/A | 2.2% |
| Turkey | 14.7 | 14.4 | 16.1 | N/A | 4.7% |
| Others | 15.2 | 20.7 | 83.1 | N/A | 133.8% |
| Total | 1,118 | 1,015 | 1,084 | 252 | -39.1% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Egypt in 2022:
- Japan (22.0 tons)
- India (4.6 tons)
- China (2.4 tons)
Exports of Polyphenols; Resorcinol and Its Salts in Egypt
In 2021, polyphenols; resorcinol and its salts exports from Egypt declined to 100 kg, dropping by -9.1% on 2020 figures. In general, exports recorded a abrupt contraction.
In value terms, polyphenols; resorcinol and its salts exports skyrocketed to $1.4K in 2021. The total export value increased at an average annual rate of +25.9% over the period from 2020 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Polyphenols; Resorcinol and Its Salts in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| India | N/A | 1.4 | 0% | ||
| Libya | 1.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.1 | 1.4 | 27.3% | ||
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Egypt in 2022:
- India (100.0 kg)
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