Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica - 2022

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica (CIF) - 2022
  2. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica (FOB) - 2022
  3. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica
  4. Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica (CIF) - 2022

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $13,094 per ton in 2022, increasing by 29% against the previous year. In general, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 81% against the previous year. The import price peaked at $16,054 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($15,749 per ton), while the price for the United States amounted to $7,775 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica (FOB) - 2022

In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $9,947 per ton, stabilizing at the previous year. Over the period under review, the export price saw resilient growth. The growth pace was the most rapid in 2017 when the average export price increased by 89%. Over the period under review, the average export prices reached the maximum at $12,889 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +39.6% per year.

Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica

In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Costa Rica soared to 31 tons, picking up by 50% compared with the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses soared to $405K in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19216520331517.9%
United States3.04.05.682.9202.3%
Others0.33.20.16.8183.0%
Total19517220940527.6%

Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Costa Rica in 2022:

  1. India (20.0 tons)
  2. United States (10.7 tons)

Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica

In 2022, overseas shipments of polyphenols; hydroquinone (quinol) and its saltses decreased by 0% to 1.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of 2.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses amounted to $10K in 2022. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. As a result, the exports attained the peak of $21K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua13.420.5N/A10.4-8.1%
OthersN/A0.3N/AN/A0%
Total13.420.9N/A10.4-8.1%

Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Costa Rica in 2022:

  1. Nicaragua (1.1 tons)

Source: IndexBox Market Intelligence Platform

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