Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Italy - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Italy (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Italy
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Italy (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $8,746 per ton in 2022, increasing by 29% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 Netherlands ($9,310 per ton), while the price for France ($5,301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the prices for the other major suppliers experienced a decline.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Italy
In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Italy expanded remarkably to 237 tons, picking up by 7.7% against 2021. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 105% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $2.1M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 621 | 317 | 1,128 | 1,444 | 32.5% |
| Belgium | 245 | 216 | 85.3 | 348 | 12.4% |
| France | 230 | 265 | 227 | 194 | -5.5% |
| United Kingdom | 53.8 | 16.6 | 15.2 | N/A | -46.8% |
| Others | 9.6 | 9.5 | 36.9 | 88.9 | 110.0% |
| Total | 1,159 | 825 | 1,492 | 2,074 | 21.4% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Italy in 2022:
- Netherlands (155.1 tons)
- Belgium (44.1 tons)
- France (36.6 tons)
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