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

Contents:

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

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

In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $10,000 per ton, picking up by 54% against the previous year. Overall, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66%. As a result, import price attained the peak level of $13,367 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13,000 per ton), while the price for Norway ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $8,333 per ton in 2022, jumping by 26% against the previous year. In general, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 317% against the previous year. Over the period under review, the average export prices hit record highs at $26,900 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +14.2% per year.

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

In 2022, overseas purchases of polyphenols; hydroquinone (quinol) and its saltses decreased by -99.9% to 7 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of 8.1 tons, and then dropped remarkably in the following year.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses dropped sharply to $70 in 2022. In general, imports saw a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.93.1N/A0.1-80.2%
NorwayN/AN/AN/AN/A0%
United Kingdom48.7N/AN/AN/A0%
FranceN/A2.30.1N/A-95.7%
LithuaniaN/A20.051.2N/A156.0%
ItalyN/A20.2N/AN/A0%
Others0.30.11.1N/A91.5%
Total62.045.852.50.1-88.3%

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

  1. China (5.0 kg)
  2. United Kingdom (1.0 kg)
  3. Norway (1.0 kg)

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

In 2022, after two years of growth, there was significant decline in shipments abroad of polyphenols; hydroquinone (quinol) and its saltses, when their volume decreased by -40% to 3 kg. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 150%. As a result, the exports attained the peak of 5 kg, and then declined notably in the following year.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses dropped significantly to $25 in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $33, and then declined notably in the following year.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Ukraine (USD)
COUNTRY202020212022CAGR,
2020-2022
United States17.010.025.021.3%
OthersN/A23.0N/A0%
Total17.033.025.021.3%

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

  1. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform

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