Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Latvia - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Latvia (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Latvia
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Latvia (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $13,060 per ton in 2022, picking up by 50% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +116.8% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +2.6% per year.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Latvia
In 2022, the amount of polyphenols; hydroquinone (quinol) and its saltses imported into Latvia soared to 25 tons, jumping by 400% against the previous year. Overall, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 499,900% against the previous year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses surged to $326K in 2022. In general, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 482,078%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 99.2 | N/A | 43.4 | 326 | 48.7% |
Poland | 114 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 213 | N/A | 43.4 | 326 | 15.2% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Latvia in 2022:
- Lithuania (25.0 tons)
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