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

Contents:

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

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

The average import price for polyphenols; resorcinol and its saltses stood at $9,391 per ton in 2022, waning by -7.4% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyphenols; resorcinol and its salts import price decreased by -9.1% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63% against the previous year. The import price peaked at $10,327 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,619 per ton), while the price for Belgium ($7,668 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for polyphenols; resorcinol and its saltses amounted to $39,106 per ton, dropping by -35.4% against the previous year. In general, the export price, however, saw pronounced growth. The growth pace was the most rapid in 2020 an increase of 104%. Over the period under review, the average export prices attained the peak figure at $60,532 per ton in 2021, and then contracted notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($145,000 per ton), while the average price for exports to India ($13,000 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 Singapore (+53.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphenols; Resorcinol and Its Salts in Switzerland

In 2022, the amount of polyphenols; resorcinol and its saltses imported into Switzerland fell significantly to 91 tons, reducing by -39.6% compared with the previous year's figure. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 151 tons, and then fell dramatically in the following year.

In value terms, polyphenols; resorcinol and its salts imports declined remarkably to $857K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports reached the peak of $1.5M, and then dropped sharply in the following year.

Import of Polyphenols; Resorcinol and Its Salts in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1761,0301,251623-19.1%
BelgiumN/A0.810.21131088.5%
Germany20.72.87.961.243.5%
China1226.015755.5-23.1%
India83.229.50.4N/A-93.1%
Mexico76.690.189.9N/A8.3%
Others7.248.214.54.0-17.8%
Total1,4861,2071,530857-16.8%

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

  1. Japan (67.7 tons)
  2. Belgium (14.7 tons)
  3. China (6.3 tons)
  4. Germany (2.2 tons)

Exports of Polyphenols; Resorcinol and Its Salts in Switzerland

For the third year in a row, Switzerland recorded decline in shipments abroad of polyphenols; resorcinol and its saltses, which decreased by -72.3% to 132 kg in 2022. In general, exports saw a sharp contraction. The smallest decline of -7.8% was in 2020.

In value terms, polyphenols; resorcinol and its salts exports reduced markedly to $5.2K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 88% against the previous year. As a result, the exports reached the peak of $65K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Polyphenols; Resorcinol and Its Salts in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.155.510.44.9-39.5%
France0.66.917.40.3-20.6%
Hong Kong SARN/A1.90.9N/A-52.6%
Singapore11.8N/AN/AN/A0%
OthersN/A0.40.1N/A-75.0%
Total34.464.728.85.2-46.7%

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

  1. Germany (128.0 kg)
  2. France (2.0 kg)

Source: IndexBox Market Intelligence Platform

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