Price for Polyphenols; Resorcinol and Its Salts in Romania - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Romania (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Romania
Price for Polyphenols; Resorcinol and Its Salts in Romania (CIF) - 2022
In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $29,762 per ton, growing by 8.3% against the previous year. Over the period under review, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 232%. Over the period under review, average import prices hit record highs at $34,247 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 the Netherlands ($66,910 per ton), while the price for the UK ($14,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphenols; Resorcinol and Its Salts in Romania
In 2022, the amount of polyphenols; resorcinol and its saltses imported into Romania soared to 1.7 tons, increasing by 15% against the previous year. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, polyphenols; resorcinol and its salts imports surged to $51K in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Polyphenols; Resorcinol and Its Salts in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 13.4 | 0% |
| Italy | 13.7 | 8.8 | 6.8 | 7.5 | -18.2% |
| Serbia | N/A | N/A | 8.1 | 6.7 | -17.3% |
| Germany | 4.3 | 10.4 | 16.9 | 6.7 | 15.9% |
| United Kingdom | N/A | N/A | N/A | 6.2 | 0% |
| Spain | 6.0 | 0.1 | 0.1 | 5.6 | -2.3% |
| Belgium | 0.2 | N/A | 5.9 | 4.8 | 188.4% |
| China | N/A | 5.3 | 2.3 | N/A | -56.6% |
| Others | 5.8 | 2.2 | 0.8 | 0.2 | -67.5% |
| Total | 29.9 | 26.8 | 40.9 | 51.1 | 19.6% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Romania in 2022:
- United Kingdom (425.0 kg)
- Serbia (375.0 kg)
- Germany (261.0 kg)
- Netherlands (200.0 kg)
- Belgium (161.0 kg)
- Italy (159.0 kg)
- Spain (129.0 kg)
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