Price for Polyphenols; Resorcinol and Its Salts in Azerbaijan - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Azerbaijan (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Azerbaijan
Price for Polyphenols; Resorcinol and Its Salts in Azerbaijan (CIF) - 2022
In 2022, the average import price for polyphenols; resorcinol and its saltses amounted to $21,853 per ton, with a decrease of -6.6% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 70%. The import price peaked at $35,942 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +29.6% per year.
Imports of Polyphenols; Resorcinol and Its Salts in Azerbaijan
In 2022, imports of polyphenols; resorcinol and its saltses into Azerbaijan surged to 300 kg, rising by 46% compared with 2021 figures. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 206% against the previous year. As a result, imports attained the peak of 750 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, polyphenols; resorcinol and its salts imports surged to $6.6K in 2022. Overall, imports, however, continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 149% against the previous year. As a result, imports reached the peak of $17K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Polyphenols; Resorcinol and Its Salts in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 1.2 | 1.1 | 6.6 | 12.8% |
| Russia | 1.1 | 1.1 | 2.1 | N/A | 38.2% |
| Japan | 1.1 | 1.2 | 1.5 | N/A | 16.8% |
| Turkey | N/A | 13.8 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 6.9 | 17.3 | 4.8 | 6.6 | -1.5% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Azerbaijan in 2022:
- China (300.0 kg)
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