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

Contents:

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

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

In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $10,968 per ton, surging by 81% against the previous year. In general, the import price, however, showed a mild curtailment. Over the period under review, average import prices hit record highs at $12,116 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($15,661 per ton), while the price for France ($6,413 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+194.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $17,409 per ton, rising by 51% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 136%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($74,000 per ton), while the average price for exports to Georgia ($6,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of polyphenols; hydroquinone (quinol) and its saltses into Russia soared to 553 tons, picking up by 37% on 2021 figures. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,051%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses soared to $6.1M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 999%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A4.80%
KazakhstanN/AN/AN/A0.70%
FranceN/AN/A2.20.6-72.7%
Japan0.20.20.2N/A0.0%
Others0.2N/AN/AN/A0%
Total0.40.22.56.1148.0%

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

  1. China (422.7 tons)
  2. France (88.0 tons)
  3. Kazakhstan (41.8 tons)

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

For the third consecutive year, Russia recorded decline in overseas shipments of polyphenols; hydroquinone (quinol) and its saltses, which decreased by -85.1% to 22 kg in 2022. Over the period under review, exports saw a precipitous setback.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses contracted rapidly to $383 in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -72.1% was in 2021.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/A0.20.20.0%
KyrgyzstanN/AN/AN/A0.10%
Georgia0.10.1N/A0.10.0%
ArmeniaN/A0.2N/AN/A0%
Serbia3.22.71.2N/A-38.8%
Belarus1623.1N/AN/A-98.1%
Bahrain47.8N/AN/AN/A0%
OthersN/AN/A0.2N/A0%
Total2136.11.70.4-87.7%

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

  1. Georgia (13.0 kg)
  2. Kazakhstan (8.0 kg)
  3. Kyrgyzstan (1.0 kg)

Source: IndexBox Market Intelligence Platform

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