Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Egypt - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Egypt (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Egypt
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Egypt (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $9,118 per ton, with an increase of 52% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphenols; hydroquinone (quinol) and its saltses increased by +26.2% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($9,119 per ton) and India ($9,118 per ton), while the price for China ($9,117 per ton) and the United States ($9,117 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Egypt
After three years of growth, purchases abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -15% to 40 tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports attained the peak of 47 tons, and then declined in the following year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $361K in 2022. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 128 | 115 | 163 | 263 | 27.1% |
| United States | 68.7 | 53.3 | 72.5 | 44.8 | -13.3% |
| China | 33.7 | 3.7 | N/A | 42.4 | 8.0% |
| France | N/A | N/A | N/A | 11.1 | 0% |
| Turkey | N/A | N/A | 34.3 | N/A | 0% |
| Others | N/A | N/A | 9.5 | N/A | 0% |
| Total | 230 | 172 | 280 | 361 | 16.2% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Egypt in 2022:
- India (28.8 tons)
- United States (4.9 tons)
- China (4.7 tons)
- France (1.2 tons)
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