Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Bangladesh - 2022
Contents:
- Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Bangladesh (CIF) - 2022
- Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Bangladesh
Price for Polyphenols; Hydroquinone (Quinol) and Its Salts in Bangladesh (CIF) - 2022
The average import price for polyphenols; hydroquinone (quinol) and its saltses stood at $17,736 per ton in 2022, which is down by -28.8% against the previous year. In general, the import price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when the average import price increased by 77% against the previous year. As a result, import price attained the peak level of $24,913 per ton, and then reduced dramatically in the following year.
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 India ($24,779 per ton), while the price for Germany ($8,343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Polyphenols; Hydroquinone (Quinol) and Its Salts in Bangladesh
In 2022, overseas purchases of polyphenols; hydroquinone (quinol) and its saltses increased by 48% to 5.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic downturn.
In value terms, imports of polyphenols; hydroquinone (quinol) and its saltses stood at $102K in 2022. Overall, imports, however, faced a drastic downturn.
| Import of Polyphenols; Hydroquinone (Quinol) and Its Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 126 | 70.9 | 69.7 | 65.2 | -19.7% |
| China | 18.4 | 19.0 | 17.9 | 28.7 | 16.0% |
| Germany | 4.5 | 8.5 | 9.0 | 7.4 | 18.0% |
| Japan | 10.7 | N/A | N/A | N/A | 0% |
| Others | 8.6 | 7.9 | N/A | 0.3 | -67.3% |
| Total | 168 | 106 | 96.7 | 102 | -15.3% |
Top Suppliers of Polyphenols; Hydroquinone (Quinol) and Its Salts to Bangladesh in 2022:
- India (2.6 tons)
- China (2.2 tons)
- Germany (0.9 tons)
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