Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Canada - 2023

Contents:

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

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

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $4,627 per ton in 2022, with a decrease of -3.1% against the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of 29%. The import price peaked at $5,940 per ton in 2012; however, from 2013 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 highest price was recorded for prices from China ($5,958 per ton) and France ($4,609 per ton), while the price for the United States ($4,591 per ton) and India ($4,606 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $4,920 per ton, shrinking by -4% against the previous year. Overall, the export price saw a pronounced downturn. The growth pace was the most rapid in 2013 when the average export price increased by 56%. As a result, the export price attained the peak level of $10,000 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,923 per ton), while the average price for exports to Belarus ($4,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of polyphenols; hydroquinone (quinol) and its saltses into Canada soared to 100 tons, rising by 36% against the previous year. Over the period under review, imports, however, recorded a abrupt decline.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses surged to $462K in 2022. Overall, imports, however, continue to indicate a noticeable descent.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States474487303422-3.8%
India24.918.034.716.3-13.2%
China4.78.57.914.846.6%
France17.310.54.27.7-23.6%
Others0.50.71.71.130.1%
Total522525351462-4.0%

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

  1. United States (91.9 tons)
  2. India (3.5 tons)
  3. China (2.5 tons)
  4. France (1.7 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of polyphenols; hydroquinone (quinol) and its saltses, when their volume increased by 85% to 2.7 tons. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, 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.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $13K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, 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; Hydroquinone (Quinol) and Its Salts in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A10.50%
ChinaN/A0.72.71.860.4%
BelarusN/AN/AN/A0.70%
Hong Kong SARN/A0.82.40.1-64.6%
United States10.0N/AN/AN/A0%
AustraliaN/A5.7N/AN/A0%
OthersN/A0.42.3N/A475.0%
Total10.07.67.413.19.4%

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

  1. Italy (2139.0 kg)
  2. China (366.0 kg)
  3. Belarus (138.0 kg)
  4. Hong Kong SAR (13.0 kg)

Source: IndexBox Market Intelligence Platform

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