Price for Polyphenols; Resorcinol and Its Salts in Estonia - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Estonia (FOB) - 2022
- Price for Polyphenols; Resorcinol and Its Salts in Estonia (CIF) - 2022
- Exports of Polyphenols; Resorcinol and Its Salts in Estonia
- Imports of Polyphenols; Resorcinol and Its Salts in Estonia
Price for Polyphenols; Resorcinol and Its Salts in Estonia (FOB) - 2022
In June 2022, the average export price for polyphenols; resorcinol and its saltses amounted to $16,527 per ton, waning by -3% against the previous month. Overall, the export price, however, showed perceptible growth. The pace of growth appeared the most rapid in April 2022 an increase of 20% m-o-m. As a result, the export price reached the peak level of $17,526 per ton. From May 2022 to June 2022, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From December 2021 to June 2022, the rate of growth in terms of prices for Russia amounted to +4.1% per month.
Price for Polyphenols; Resorcinol and Its Salts in Estonia (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $68,333 per ton in 2022, with an increase of 61% against the previous year. Overall, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 124%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($123,000 per ton), while the price for Belgium ($37,000 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 (+51.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyphenols; Resorcinol and Its Salts in Estonia
In 2022, the amount of polyphenols; resorcinol and its saltses exported from Estonia skyrocketed to 50 tons, jumping by 761% against the previous year. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polyphenols; resorcinol and its salts exports skyrocketed to $803K in 2022. Overall, exports showed significant growth. 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 Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Russia | N/A | 803 | 0% | ||
| Vietnam | 8.8 | N/A | 0% | ||
| United States | 34.9 | N/A | 0% | ||
| Others | 9.5 | N/A | 0% | ||
| Total | 53.2 | 803 | 1409.4% | ||
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Estonia in 2022:
- Russia (50.0 tons)
Imports of Polyphenols; Resorcinol and Its Salts in Estonia
In 2022, purchases abroad of polyphenols; resorcinol and its saltses was finally on the rise to reach 3 kg after two years of decline. Overall, imports, however, showed a sharp downturn.
In value terms, polyphenols; resorcinol and its salts imports surged to $205 in 2022. In general, imports, however, saw a precipitous decrease.
| Import of Polyphenols; Resorcinol and Its Salts in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 123 | 0% |
| United States | N/A | 43.0 | N/A | 45.0 | 2.3% |
| Belgium | N/A | N/A | N/A | 37.0 | 0% |
| Japan | N/A | N/A | 23.0 | N/A | 0% |
| Germany | 139 | 28.0 | 62.0 | N/A | -33.2% |
| Sweden | 270 | N/A | N/A | N/A | 0% |
| United Kingdom | 51.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 59.0 | N/A | N/A | 0% |
| Total | 460 | 130 | 85.0 | 205 | -23.6% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Estonia in 2022:
- United States (1.0 kg)
- Belgium (1.0 kg)
- Lithuania (1.0 kg)
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