Price for Polyphenols; Resorcinol and Its Salts in Croatia - 2023

Contents:

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

Price for Polyphenols; Resorcinol and Its Salts in Croatia (CIF) - 2022

In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $983,985 per ton, increasing by 2,093% against the previous year. In general, the import price recorded a significant increase. As a result, import price reached the peak level 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 the Netherlands ($1,117,321 per ton), while the price for Belgium ($7,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphenols; Resorcinol and Its Salts in Croatia (FOB) - 2022

The average export price for polyphenols; resorcinol and its saltses stood at $114,182 per ton in 2022, rising by 12% against the previous year. Overall, the export price saw a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 32% against the previous year. The export price peaked at $114,421 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +8.6% per year.

Imports of Polyphenols; Resorcinol and Its Salts in Croatia

In 2022, the amount of polyphenols; resorcinol and its saltses imported into Croatia skyrocketed to 476 kg, jumping by 211% compared with 2021. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyphenols; resorcinol and its salts imports skyrocketed to $468K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyphenols; Resorcinol and Its Salts in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A4660%
Spain0.71.02.42.246.5%
Czech Republic0.10.1N/A0.10.0%
Germany0.52.04.20.1-41.5%
Others0.90.30.3N/A-42.3%
Total2.33.56.9468488.2%

Top Suppliers of Polyphenols; Resorcinol and Its Salts to Croatia in 2022:

  1. Netherlands (417.0 kg)
  2. Spain (50.0 kg)
  3. Germany (5.0 kg)
  4. Czech Republic (1.0 kg)

Exports of Polyphenols; Resorcinol and Its Salts in Croatia

In 2022, shipments abroad of polyphenols; resorcinol and its saltses decreased by -21.4% to 11 kg, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of 19 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, polyphenols; resorcinol and its salts exports reduced to $1.3K in 2022. Over the period under review, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, the exports attained the peak of $2.2K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Polyphenols; Resorcinol and Its Salts in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina1.72.21.41.3-8.6%
AlbaniaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.72.21.41.3-8.6%

Top Export Markets for Polyphenols; Resorcinol and Its Salts from Croatia in 2022:

  1. Bosnia and Herzegovina (11.0 kg)

Source: IndexBox Market Intelligence Platform

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