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

Contents:

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

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

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $10,029 per ton in 2022, rising by 19% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $10,057 per ton in 2012; however, from 2013 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 India ($18,761 per ton), while the price for Singapore ($2,679 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 (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $15,648 per ton in 2022, almost unchanged from the previous year. Overall, the export price recorded notable growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 124%. As a result, the export price reached the peak level of $16,695 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +1.1% per year.

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

In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Indonesia dropped to 270 tons, which is down by -11.5% against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, imports reached the peak of 305 tons, and then shrank in the following year.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses totaled $2.7M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +61.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan54435932590018.3%
India8297221,4438802.0%
France40037653857813.1%
United States14218124428926.7%
Singapore3.31.43.618.377.0%
Others73.735.523.138.3-19.6%
Total1,9921,6752,5772,70310.7%

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

  1. Japan (127.1 tons)
  2. France (60.0 tons)
  3. India (46.9 tons)
  4. United States (26.3 tons)
  5. Singapore (6.8 tons)

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

After two years of decline, overseas shipments of polyphenols; hydroquinone (quinol) and its saltses decreased by 0% to 800 kg in 2022. Over the period under review, exports recorded a abrupt setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses totaled $13K in 2022. Overall, exports posted a strong expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia10.5N/AN/A12.56.0%
OthersN/AN/AN/AN/A0%
Total10.5N/AN/A12.56.0%

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

  1. Malaysia (800.0 kg)

Source: IndexBox Market Intelligence Platform

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