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

Price for Polyphenols; Resorcinol and Its Salts in Slovakia (CIF) - 2023

In June 2023, the average import price for polyphenols; resorcinol and its saltses amounted to $8,594 per ton, almost unchanged from the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 6% month-to-month. The import price peaked in June 2023.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From June 2022 to June 2023, the rate of growth in terms of prices for Belgium amounted to +0.6% per month.

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

The average export price for polyphenols; resorcinol and its saltses stood at $9,013 per ton in 2021, almost unchanged from the previous year. In general, the export price showed a precipitous decrease. The pace of growth was the most pronounced in 2019 an increase of 271% against the previous year. The export price peaked at $130,000 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +70.4% per year.

Imports of Polyphenols; Resorcinol and Its Salts in Slovakia

In 2022, imports of polyphenols; resorcinol and its saltses into Slovakia declined to 212 tons, falling by -8% on 2021 figures. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year.

In value terms, polyphenols; resorcinol and its salts imports declined remarkably to $1.7M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $2.1M, and then fell dramatically in the following year.

Import of Polyphenols; Resorcinol and Its Salts in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	1,607	1,289	1,703	1,693	1.8%
Germany	82.5	84.5	359	0.1	-89.3%
Others	3.9	5.7	0.1	12.2	46.3%
Total	1,693	1,379	2,062	1,705	0.2%

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

Germany (undefined tons)
Belgium (210.0 tons)

Exports of Polyphenols; Resorcinol and Its Salts in Slovakia

In 2021, the amount of polyphenols; resorcinol and its saltses exported from Slovakia was estimated at 1 tons, remaining stable against 2020 figures. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, polyphenols; resorcinol and its salts exports totaled $9K in 2021. Over the period under review, exports showed a dramatic descent. The smallest decline of 99.9% was in 2020.