Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan - 2023
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan (FOB) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan (CIF) - 2022
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan (FOB) - 2022
In 2022, the average export price for polyphenols; hydroquinone (quinol) and its saltses amounted to $10,118 per ton, increasing by 43% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($10,971 per ton) and China ($10,028 per ton), while the average price for exports to Thailand ($7,684 per ton) and South Korea ($7,769 per ton) were amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $5,954 per ton in 2022, with an increase of 35% against the previous year. Overall, the import price, however, continues to indicate a slight setback. Over the period under review, average import prices attained the peak figure at $6,922 per ton in 2012; however, from 2013 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 China ($6,380 per ton), while the price for France ($4,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan
After three years of growth, shipments abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -24% to 1.1K tons in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,141% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then shrank significantly in the following year.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses expanded notably to $11M in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,606% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.3 | 173 | 4,674 | 6,392 | 420.6% |
| India | 77.5 | 183 | 1,758 | 3,588 | 259.1% |
| Philippines | 4.9 | 12.9 | 205 | 597 | 395.7% |
| South Korea | 15.9 | 30.9 | 274 | 382 | 188.6% |
| Thailand | 2.4 | 2.9 | 137 | 152 | 298.6% |
| United Kingdom | 40.2 | 52.6 | 1,374 | N/A | 484.6% |
| Taiwan (Chinese) | 18.1 | 41.3 | 1,025 | N/A | 652.5% |
| Others | 79.8 | 106 | 825 | 60.5 | -8.8% |
| Total | 284 | 602 | 10,271 | 11,171 | 240.1% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Japan in 2022:
- China (637.4 tons)
- India (327.0 tons)
- Philippines (64.0 tons)
- South Korea (49.2 tons)
- Thailand (19.8 tons)
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan
In 2022, purchases abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -30.6% to 276 tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 4.5%. As a result, imports attained the peak of 449 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses declined to $1.6M in 2022. Over the period under review, imports recorded a perceptible descent. The pace of growth appeared the most rapid in 2020 when imports increased by 6.4%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 767 | 718 | 693 | 993 | 9.0% |
| United States | 978 | 1,139 | 1,068 | 649 | -12.8% |
| Others | N/A | N/A | N/A | 2.1 | 0% |
| Total | 1,745 | 1,857 | 1,761 | 1,644 | -2.0% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Japan in 2022:
- China (155.6 tons)
- United States (120.0 tons)
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