Price for Polyphenols; Resorcinol and Its Salts in Chile - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Chile (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Chile
Price for Polyphenols; Resorcinol and Its Salts in Chile (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $14,272 per ton in 2022, increasing by 11% against the previous year. In general, the import price posted resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 69%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($19,118 per ton), while the price for the United States ($4,597 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.8%), while the prices for the other major suppliers experienced a decline.
Imports of Polyphenols; Resorcinol and Its Salts in Chile
After three years of growth, overseas purchases of polyphenols; resorcinol and its saltses decreased by -47.3% to 18 tons in 2022. Over the period under review, imports, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, imports attained the peak of 35 tons, and then shrank rapidly in the following year.
In value terms, polyphenols; resorcinol and its salts imports reduced dramatically to $262K in 2022. Overall, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, imports reached the peak of $450K, and then dropped significantly in the following year.
| Import of Polyphenols; Resorcinol and Its Salts in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 179 | 220 | 380 | 216 | 6.5% |
| China | 19.1 | 46.5 | 43.2 | 41.9 | 29.9% |
| United States | 2.6 | 2.8 | 2.8 | 0.6 | -38.7% |
| Others | 13.1 | 10.8 | 24.3 | 3.5 | -35.6% |
| Total | 214 | 280 | 450 | 262 | 7.0% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Chile in 2022:
- Japan (16.0 tons)
- China (2.2 tons)
- United States (0.1 tons)
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