Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Spain - 2023

Contents:

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

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

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $14,042 per ton in 2022, with an increase of 37% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +84.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($186,007 per ton), while the price for the UK ($7,938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $15,404 per ton, picking up by 73% against the previous year. Overall, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 73%. Over the period under review, the average export prices hit record highs at $29,638 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($18,875 per ton), while the average price for exports to Italy ($6,900 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 Germany (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 90 tons of polyphenols; hydroquinone (quinol) and its saltses were imported into Spain; picking up by 24% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses skyrocketed to $1.3M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium76.271.813443478.6%
Netherlands33.083.019925698.0%
Germany19380.31992438.0%
Italy11222112421724.7%
France17223.864.2102-16.0%
United Kingdom60.334.84.00.3-82.9%
United States44.80.5N/AN/A-98.9%
Others2.723.515.38.647.1%
Total6945387401,26122.0%

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

  1. Belgium (30.8 tons)
  2. Netherlands (21.1 tons)
  3. Germany (19.2 tons)
  4. Italy (18.0 tons)
  5. France (0.5 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of polyphenols; hydroquinone (quinol) and its saltses, when their volume decreased by -73.4% to 34 tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 544% against the previous year. As a result, the exports reached the peak of 129 tons, and then reduced dramatically in the following year.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses dropped sharply to $527K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,017%. As a result, the exports attained the peak of $1.1M, and then reduced remarkably in the following year.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.14932564959.6%
France16011.01311834.6%
Portugal7.224.215.524.350.0%
Italy3.22.01789.845.2%
Morocco5.08.87.08.017.0%
LuxembourgN/AN/A157N/A0%
Others23.456.316346.125.4%
Total1991021,14452738.4%

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

  1. Germany (19.4 tons)
  2. France (9.7 tons)
  3. Portugal (2.1 tons)
  4. Italy (1.4 tons)
  5. Morocco (0.7 tons)

Source: IndexBox Market Intelligence Platform

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