Price for Polyphenols; Resorcinol and Its Salts in the Dominican Republic - 2023
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in the Dominican Republic (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in the Dominican Republic
Price for Polyphenols; Resorcinol and Its Salts in the Dominican Republic (CIF) - 2022
In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $29,472 per ton, increasing by 13% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 93%. The import price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +8.9% per year.
Imports of Polyphenols; Resorcinol and Its Salts in the Dominican Republic
In 2022, approx. 500 kg of polyphenols; resorcinol and its saltses were imported into the Dominican Republic; shrinking by -61.6% against the previous year. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of 1.3 tons, and then shrank notably in the following year.
In value terms, polyphenols; resorcinol and its salts imports shrank remarkably to $15K in 2022. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 197% against the previous year. As a result, imports attained the peak of $34K, and then shrank significantly in the following year.
| Import of Polyphenols; Resorcinol and Its Salts in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.4 | 6.5 | 14.7 | 14.7 | 31.9% |
| China | 12.0 | N/A | N/A | N/A | 0% |
| United States | 1.3 | 4.8 | 5.0 | N/A | 96.1% |
| Others | 0.3 | 0.1 | 14.3 | N/A | 590.4% |
| Total | 20.0 | 11.4 | 33.9 | 14.7 | -9.8% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to the Dominican Republic in 2022:
- Germany (500.0 kg)
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