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

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Ghana (CIF) - 2022
  2. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Ghana

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

In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $7,477 per ton, with a decrease of -12% against the previous year. Overall, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 58%. The import price peaked at $9,527 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,056 per ton), while the price for Germany ($3,745 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Ghana fell remarkably to 64 tons, which is down by -25.6% compared with the previous year's figure. Over the period under review, imports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 105%. As a result, imports reached the peak of 86 tons, and then dropped dramatically in the following year.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses shrank rapidly to $479K in 2022. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 223% against the previous year. As a result, imports reached the peak of $731K, and then shrank rapidly in the following year.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1791073412207.1%
Belgium11770.32251467.7%
Germany51.631.199.464.37.6%
India16.311.341.831.224.2%
Others11.36.223.017.315.3%
Total3752267314798.5%

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

  1. Belgium (23.0 tons)
  2. Italy (18.2 tons)
  3. Germany (17.2 tons)
  4. India (4.7 tons)

Source: IndexBox Market Intelligence Platform

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