Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $6,758 per ton in 2022, increasing by 9.5% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +12.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 49% against the previous year. Over the period under review, average import prices attained the maximum at $8,058 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 ($11,901 per ton), while the price for the United States ($6,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala (FOB) - 2022
The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $7,793 per ton in 2022, increasing by 20% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 1,150% against the previous year. As a result, the export price attained the peak level of $12,497 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($8,447 per ton), while the average price for exports to Honduras stood at $7,010 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-1.5%).
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala
In 2022, supplies from abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -5.9% to 95 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses expanded to $644K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 22% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 319 | 385 | 452 | 458 | 12.8% |
| United States | 94.8 | 76.6 | 141 | 123 | 9.1% |
| India | N/A | 65.0 | 32.5 | 60.6 | -3.4% |
| Others | 17.7 | N/A | 0.1 | 3.3 | -42.9% |
| Total | 432 | 527 | 626 | 644 | 14.2% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Guatemala in 2022:
- Mexico (69.9 tons)
- United States (20.2 tons)
- India (5.1 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala
In 2022, approx. 3.6 tons of polyphenols; hydroquinone (quinol) and its saltses were exported from Guatemala; increasing by 213% against 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 294%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses surged to $28K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 16.6 | 0% |
| Honduras | 4.8 | 12.4 | 6.6 | 11.5 | 33.8% |
| Others | 0.5 | 0.1 | 0.9 | N/A | 34.2% |
| Total | 5.3 | 12.5 | 7.5 | 28.1 | 74.4% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Guatemala in 2022:
- Mexico (2.0 tons)
- Honduras (1.6 tons)
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