Price for Polyphenols; Resorcinol and Its Salts in Germany - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Germany (CIF) - 2023
- Price for Polyphenols; Resorcinol and Its Salts in Germany (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Germany
- Exports of Polyphenols; Resorcinol and Its Salts in Germany
Price for Polyphenols; Resorcinol and Its Salts in Germany (CIF) - 2023
In July 2023, the average import price for polyphenols; resorcinol and its saltses amounted to $8,209 per ton, increasing by 4.1% against the previous month. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in October 2022 an increase of 23% against the previous month. Over the period under review, average import prices hit record highs at $10,636 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($16,412 per ton), while the price for Belgium ($8,033 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyphenols; Resorcinol and Its Salts in Germany (FOB) - 2022
The average export price for polyphenols; resorcinol and its saltses stood at $15,112 per ton in 2022, falling by -31.7% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 42% against the previous year. The export price peaked at $22,135 per ton in 2021, and then fell sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($45,000 per ton), while the average price for exports to Belgium ($9,831 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 Slovakia (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphenols; Resorcinol and Its Salts in Germany
For the third year in a row, Germany recorded decline in overseas purchases of polyphenols; resorcinol and its saltses, which decreased by -20.9% to 2.1K tons in 2022. In general, imports continue to indicate a abrupt descent. The smallest decline of -12.3% was in 2021.
In value terms, polyphenols; resorcinol and its salts imports reduced rapidly to $17M in 2022. Overall, imports recorded a deep slump. The smallest decline of -8.2% was in 2021.
| Import of Polyphenols; Resorcinol and Its Salts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 15.7 | 14.9 | 7.0 | 6.7 | -24.7% |
| Belgium | 2.2 | 5.9 | 7.1 | 4.1 | 23.1% |
| China | 6.4 | 1.6 | 7.7 | 2.6 | -25.9% |
| Netherlands | 1.2 | 0.8 | 0.6 | 1.8 | 14.5% |
| India | 1.1 | 1.6 | 0.6 | 0.9 | -6.5% |
| Italy | 1.0 | 0.3 | 0.2 | 0.2 | -41.5% |
| Others | 0.8 | 0.9 | 0.6 | 0.4 | -20.6% |
| Total | 28.5 | 26.0 | 23.8 | 16.7 | -16.3% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Germany in 2022:
- Japan (870.7 tons)
- Belgium (516.6 tons)
- China (307.2 tons)
- Netherlands (231.1 tons)
- India (72.1 tons)
- Italy (15.4 tons)
Exports of Polyphenols; Resorcinol and Its Salts in Germany
In 2022, after two years of decline, there was significant growth in shipments abroad of polyphenols; resorcinol and its saltses, when their volume increased by 33% to 72 tons. Overall, exports, however, faced a sharp decline.
In value terms, polyphenols; resorcinol and its salts exports dropped to $1.1M in 2022. In general, exports, however, recorded a dramatic contraction.
| Export of Polyphenols; Resorcinol and Its Salts in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.2 | 21.4 | 24.7 | 329 | 178.7% |
| Netherlands | 124 | 153 | 169 | 199 | 17.1% |
| Slovenia | 153 | 517 | 21.2 | 107 | -11.2% |
| Poland | 156 | 5.3 | 18.4 | 75.0 | -21.7% |
| Austria | 69.5 | 96.3 | 120 | 58.7 | -5.5% |
| Brazil | 174 | 195 | 86.4 | 39.7 | -38.9% |
| Italy | 1,027 | 116 | 41.3 | 38.2 | -66.6% |
| Thailand | 253 | 247 | 186 | 25.5 | -53.5% |
| Spain | 263 | 64.8 | 6.1 | 8.3 | -68.4% |
| Sweden | 525 | 3.3 | 0.5 | 0.4 | -90.9% |
| Mexico | 52.6 | 286 | 255 | 0.3 | -82.1% |
| Luxembourg | 62.1 | 4.8 | 0.3 | 0.3 | -83.1% |
| Russia | 506 | 91.3 | 57.0 | 0.2 | -92.7% |
| Others | 293 | 243 | 209 | 199 | -12.1% |
| Total | 3,671 | 2,044 | 1,194 | 1,081 | -33.5% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from Germany in 2022:
- Mexico (undefined tons)
- Luxembourg (undefined tons)
- Sweden (undefined tons)
- Russia (undefined tons)
- Belgium (33.5 tons)
- Netherlands (8.5 tons)
- Slovenia (8.1 tons)
- Poland (4.3 tons)
- Austria (4.2 tons)
- Italy (2.1 tons)
- Brazil (1.9 tons)
- Thailand (0.8 tons)
- Spain (0.3 tons)
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