Price for Polyphenols; Resorcinol and Its Salts in Ecuador - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Ecuador (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Ecuador
Price for Polyphenols; Resorcinol and Its Salts in Ecuador (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $12,804 per ton in 2022, declining by -2.2% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 90%. The import price peaked at $21,442 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($14,165 per ton) and Japan ($13,220 per ton), while the price for the United States ($9,673 per ton) and China ($9,852 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Polyphenols; Resorcinol and Its Salts in Ecuador
In 2022, approx. 16 tons of polyphenols; resorcinol and its saltses were imported into Ecuador; with a decrease of -36% on 2021. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 280% against the previous year. As a result, imports reached the peak of 25 tons, and then reduced dramatically in the following year.
In value terms, polyphenols; resorcinol and its salts imports shrank dramatically to $207K in 2022. Over the period under review, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 296% against the previous year. As a result, imports attained the peak of $330K, and then dropped sharply in the following year.
| Import of Polyphenols; Resorcinol and Its Salts in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 100 | 63.7 | 200 | 112 | 3.8% |
| China | 2.9 | 7.8 | 85.3 | 43.9 | 147.4% |
| Japan | 28.9 | 7.6 | 9.3 | 34.0 | 5.6% |
| United States | 6.4 | 4.2 | 16.5 | 9.1 | 12.4% |
| Others | 4.4 | 0.2 | 19.3 | 8.2 | 23.1% |
| Total | 142 | 83.5 | 330 | 207 | 13.4% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Ecuador in 2022:
- United Kingdom (7.9 tons)
- China (4.5 tons)
- Japan (2.6 tons)
- United States (0.9 tons)
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