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

Contents:

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

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

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $38,478 per ton in 2022, growing by 36% against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 100%. Over the period under review, average import prices attained the peak figure at $46,082 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States ($108,000 per ton), while the price for Belgium ($28,833 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Hungary skyrocketed to 67 kg, jumping by 20% on the previous year. Over the period under review, imports, however, recorded a perceptible curtailment.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses soared to $2.6K in 2022. Overall, imports, however, continue to indicate a deep slump.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3732,2251,1412,08114.9%
United StatesN/AN/A27032420.0%
Belgium52285.0178173-30.8%
China1,469N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3,3642,3101,5892,578-8.5%

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

  1. Germany (58.0 kg)
  2. Belgium (6.0 kg)
  3. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform

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