Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Pakistan - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Pakistan (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Pakistan
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Pakistan (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $19,731 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 71% against the previous year. As a result, import price reached the peak level of $19,993 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($25,435 per ton), while the price for the United States ($14,780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Pakistan
In 2022, supplies from abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -35.1% to 14 tons, falling for the second year in a row after two years of growth. In general, imports faced a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports reached the peak of 39 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses declined significantly to $277K in 2022. Over the period under review, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 45%. As a result, imports attained the peak of $458K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 259 | 300 | 274 | 122 | -22.2% |
| United States | 29.6 | 49.3 | 63.3 | 78.6 | 38.5% |
| China | 27.1 | 52.9 | 89.0 | 65.5 | 34.2% |
| South Korea | N/A | 1.0 | 5.8 | 10.5 | 224.0% |
| Japan | N/A | 54.8 | N/A | N/A | 0% |
| Others | 0.6 | 0.1 | N/A | 0.1 | -45.0% |
| Total | 316 | 458 | 432 | 277 | -4.3% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Pakistan in 2022:
- United States (5.3 tons)
- India (4.8 tons)
- China (3.2 tons)
- South Korea (0.7 tons)
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