Price for Polyphenols; Resorcinol and Its Salts in the Czech Republic - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in the Czech Republic (CIF) - 2023
- Price for Polyphenols; Resorcinol and Its Salts in the Czech Republic (FOB) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in the Czech Republic
- Exports of Polyphenols; Resorcinol and Its Salts in the Czech Republic
Price for Polyphenols; Resorcinol and Its Salts in the Czech Republic (CIF) - 2023
The average import price for polyphenols; resorcinol and its saltses stood at $8,422 per ton in July 2023, waning by -23.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 22% month-to-month. As a result, import price reached the peak level of $11,017 per ton, and then contracted dramatically in the following month.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Slovakia ($9,147 per ton), while the price for Belgium totaled $8,308 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Resorcinol and Its Salts in the Czech Republic (FOB) - 2022
The average export price for polyphenols; resorcinol and its saltses stood at $9,245 per ton in 2022, declining by -12.5% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 94% against the previous year. The export price peaked at $20,155 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Slovakia ($18,900 per ton), while the average price for exports to Austria ($8,895 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 Austria (+9.7%), while the prices for the other major destinations experienced a decline.
Imports of Polyphenols; Resorcinol and Its Salts in the Czech Republic
For the fourth year in a row, the Czech Republic recorded growth in supplies from abroad of polyphenols; resorcinol and its saltses, which increased by 14% to 270 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, polyphenols; resorcinol and its salts imports declined modestly to $2.4M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year.
| Import of Polyphenols; Resorcinol and Its Salts in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 843 | 1,232 | 1,540 | 1,368 | 17.5% |
| China | 295 | 436 | 304 | 484 | 17.9% |
| Germany | 271 | 421 | 361 | 291 | 2.4% |
| United Kingdom | 65.5 | 0.3 | 92.3 | 133 | 26.6% |
| Slovakia | N/A | 0.1 | 92.9 | 121 | 3378.5% |
| Others | 45.6 | 6.2 | 78.9 | 7.6 | -45.0% |
| Total | 1,520 | 2,095 | 2,470 | 2,405 | 16.5% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to the Czech Republic in 2022:
- Japan (160.0 tons)
- China (55.4 tons)
- Germany (27.0 tons)
- Slovakia (15.2 tons)
- United Kingdom (12.0 tons)
Exports of Polyphenols; Resorcinol and Its Salts in the Czech Republic
In 2022, the amount of polyphenols; resorcinol and its saltses exported from the Czech Republic dropped to 15 tons, waning by -7.8% compared with the year before. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.5%.
In value terms, polyphenols; resorcinol and its salts exports plummeted to $143K in 2022. Overall, exports faced a significant curtailment.
| Export of Polyphenols; Resorcinol and Its Salts in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 225 | 172 | 147 | 108 | -21.7% |
| Poland | 32.7 | 34.0 | 24.7 | 27.5 | -5.6% |
| Slovakia | 0.3 | 0.8 | 2.1 | 4.7 | 150.2% |
| Germany | 25.4 | 1.7 | 2.0 | N/A | -71.9% |
| Others | 11.0 | 24.0 | 0.8 | 2.7 | -37.4% |
| Total | 295 | 232 | 177 | 143 | -21.4% |
Top Export Markets for Polyphenols; Resorcinol and Its Salts from the Czech Republic in 2022:
- Austria (12.1 tons)
- Poland (3.0 tons)
- Slovakia (0.3 tons)
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