Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia - 2022

Contents:

  1. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia (CIF) - 2022
  2. Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia (FOB) - 2022
  3. Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia
  4. Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia (CIF) - 2022

The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $7,453 per ton in 2022, which is down by -3.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 19%. Over the period under review, average import prices reached the maximum at $7,704 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($11,991 per ton), while the price for Japan ($5,965 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia (FOB) - 2022

The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at less than $0.1 per ton in 2020, which is down by 99.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $13,561 per ton in 2019, and then declined markedly in the following year.

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

From 2019 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia

Imports of polyphenols; hydroquinone (quinol) and its saltses into Saudi Arabia reduced slightly to 636 tons in 2022, remaining constant against 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1.1%. As a result, imports attained the peak of 640 tons, leveling off in the following year.

In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses reduced to $4.7M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.

Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.83.13.73.157.1%
Japan2.70.90.61.2-23.7%
India0.40.50.50.40.0%
OthersN/A0.10.10.10.0%
Total3.84.64.94.77.3%

Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Saudi Arabia in 2022:

  1. United States (409.0 tons)
  2. Japan (194.3 tons)
  3. India (33.0 tons)

Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia

In 2021, exports of polyphenols; hydroquinone (quinol) and its saltses from Saudi Arabia amounted to 50 kg, leveling off at the previous year. Overall, exports continue to indicate a resilient increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses totaled $1.4K in 2021. Over the period under review, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in Saudi Arabia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United Arab EmiratesN/A19.80%
Iraq53.6N/A0%
Others-53.0-19.8-62.6%
Total0.6N/A0%

Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from Saudi Arabia in 2022:

  1. United Arab Emirates (640.0 kg)

Source: IndexBox Market Intelligence Platform

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