Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Iraq - 2022
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Iraq (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Iraq
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Iraq (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $20,966 per ton, increasing by 16% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 724% against the previous year. As a result, import price attained the peak level of $48,989 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +25.6% per year.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Iraq
In 2022, supplies from abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -42% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a pronounced increase. The pace of growth was the most pronounced in 2021 when imports increased by 70%. As a result, imports attained the peak of 2.2 tons, and then shrank dramatically in the following year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses declined significantly to $26K in 2022. In general, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 192%.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.8 | 12.9 | 39.0 | 25.1 | 63.0% |
| Saudi Arabia | 47.8 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.5 | 0.4 | 1.3 | 135.1% |
| Total | 53.7 | 13.5 | 39.4 | 26.4 | -21.1% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Iraq in 2022:
- United Arab Emirates (1259.0 kg)
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