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

Contents:

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

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

In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $14,032 per ton, dropping by -7.6% against the previous year. In general, the import price, however, enjoyed a slight expansion. The growth pace was the most rapid in 2017 an increase of 114% against the previous year. Over the period under review, average import prices reached the maximum at $22,950 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Spain ($47,127 per ton), while the price for the UK ($11,468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for polyphenols; resorcinol and its saltses amounted to $52,167 per ton, increasing by 34% against the previous year. Over the period under review, the export price showed a mild expansion. The growth pace was the most rapid in 2020 an increase of 216%. Over the period under review, the average export prices hit record highs at $58,500 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($62,400 per ton), while the average price for exports to the Netherlands amounted to $1,000 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyphenols; Resorcinol and Its Salts in Greece

In 2022, approx. 3.2 tons of polyphenols; resorcinol and its saltses were imported into Greece; growing by 107% on the previous year. In general, imports enjoyed a measured expansion. 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 $45K in 2022. Over the period under review, imports saw mild growth. 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A23.10%
Japan0.7N/A2.115.3179.6%
Spain0.83.12.97.1107.0%
Germany2.73.72.3N/A-7.7%
Italy25.91.82.0N/A-72.2%
Netherlands5.52.85.9N/A3.6%
United States6.813.68.5N/A11.8%
Others0.91.8N/AN/A100.0%
Total43.326.823.745.41.6%

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

  1. United Kingdom (2.0 tons)
  2. Japan (1.1 tons)
  3. Spain (0.1 tons)

Exports of Polyphenols; Resorcinol and Its Salts in Greece

In 2022, approx. 6 kg of polyphenols; resorcinol and its saltses were exported from Greece; jumping by 20% compared with 2021 figures. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 80%. As a result, the exports reached the peak of 9 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 skyrocketed to $313 in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 468%. As a result, the exports attained the peak of $432. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Polyphenols; Resorcinol and Its Salts in Greece (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia23.020439.0312138.5%
Netherlands1.01.01.01.00.0%
Croatia8.010.0N/AN/A25.0%
Singapore2.0N/AN/AN/A0%
ItalyN/A216155N/A-28.2%
Romania42.01.0N/AN/A-97.6%
OthersN/AN/AN/AN/A0%
Total76.043219531360.3%

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

  1. Serbia (5.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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