Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates - 2022
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates (CIF) - 2022
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates (FOB) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates
- Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for polyphenols; hydroquinone (quinol) and its saltses amounted to $13,347 per ton, with a decrease of -10% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 41%. The import price peaked at $15,537 per ton in 2019; however, from 2020 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 ($46,268 per ton), while the price for South Korea ($3,110 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates (FOB) - 2022
The average export price for polyphenols; hydroquinone (quinol) and its saltses stood at $15,799 per ton in 2022, rising by 139% against the previous year. Over the period under review, the export price showed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($32,358 per ton), while the average price for exports to Iraq ($1,379 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 Azerbaijan (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates
After three years of growth, supplies from abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -4.8% to 65 tons in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 189% against the previous year. As a result, imports attained the peak of 69 tons, and then contracted slightly in the following year.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses declined to $874K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 255% against the previous year. As a result, imports attained the peak of $1M, and then dropped in the following year.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.0 | 48.5 | 255 | 406 | 92.4% |
| India | 143 | 171 | 553 | 362 | 36.3% |
| Japan | 8.7 | 24.0 | 80.8 | 46.0 | 74.2% |
| United States | 3.8 | 21.8 | 62.3 | 38.3 | 116.0% |
| Singapore | 3.4 | 5.4 | 21.9 | 17.4 | 72.3% |
| South Korea | N/A | N/A | N/A | 3.9 | 0% |
| Others | 9.0 | 16.7 | 46.8 | 0.3 | -67.8% |
| Total | 225 | 287 | 1,020 | 874 | 57.2% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to the United Arab Emirates in 2022:
- India (45.7 tons)
- China (8.8 tons)
- Japan (4.7 tons)
- United States (4.0 tons)
- South Korea (1.2 tons)
- Singapore (1.0 tons)
Exports of Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates
After three years of growth, shipments abroad of polyphenols; hydroquinone (quinol) and its saltses decreased by -82.8% to 14 tons in 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of 249% against the previous year.
In value terms, exports of polyphenols; hydroquinone (quinol) and its saltses dropped dramatically to $221K in 2022. In general, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 233% against the previous year.
| Export of Polyphenols; Hydroquinone (Quinol) and Its Salts in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 5.3 | 20.7 | 23.1 | 119 | 182.1% |
| Oman | 2.6 | 8.5 | 12.3 | 36.6 | 141.5% |
| Azerbaijan | N/A | N/A | 11.7 | 35.1 | 200.0% |
| Kuwait | N/A | 3.1 | 8.6 | 16.2 | 128.6% |
| South Africa | 2.9 | 5.1 | 7.9 | 12.9 | 64.5% |
| Iraq | 2.2 | 7.4 | 12.4 | 1.1 | -20.6% |
| Djibouti | N/A | 0.4 | N/A | N/A | 0% |
| Togo | 66.0 | 117 | 175 | N/A | 62.8% |
| Uzbekistan | N/A | 21.9 | 10.5 | N/A | -52.1% |
| Iran | 47.4 | 270 | 271 | N/A | 139.1% |
| Afghanistan | 16.2 | 27.7 | N/A | N/A | 71.0% |
| Others | 2.2 | 1.9 | 3.8 | 0.8 | -28.6% |
| Total | 145 | 483 | 536 | 221 | 15.1% |
Top Export Markets for Polyphenols; Hydroquinone (Quinol) and Its Salts from the United Arab Emirates in 2022:
- Kuwait (4.1 tons)
- Saudi Arabia (3.7 tons)
- Azerbaijan (2.3 tons)
- Oman (2.2 tons)
- South Africa (0.9 tons)
- Iraq (0.8 tons)
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