Price for Polyphenols; Resorcinol and Its Salts in Luxembourg - 2023

Contents:

1. Price for Polyphenols; Resorcinol and Its Salts in Luxembourg (CIF) - 2022
2. Price for Polyphenols; Resorcinol and Its Salts in Luxembourg (FOB) - 2022
3. Imports of Polyphenols; Resorcinol and Its Salts in Luxembourg
4. Exports of Polyphenols; Resorcinol and Its Salts in Luxembourg

Price for Polyphenols; Resorcinol and Its Salts in Luxembourg (CIF) - 2022

The average import price for polyphenols; resorcinol and its saltses stood at $8,421 per ton in 2022, which is down by -6% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 30%. Over the period under review, average import prices attained the peak figure at $8,954 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($8,425 per ton), while the price for Germany amounted to $8,410 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyphenols; Resorcinol and Its Salts in Luxembourg (FOB) - 2022

In 2022, the average export price for polyphenols; resorcinol and its saltses amounted to $41,429 per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 65%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2014 to 2022, the rate of growth in terms of prices for France amounted to +43.0% per year.

Imports of Polyphenols; Resorcinol and Its Salts in Luxembourg

In 2022, the amount of polyphenols; resorcinol and its saltses imported into Luxembourg rose remarkably to 86 tons, surging by 9.5% compared with the year before. In general, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

In value terms, polyphenols; resorcinol and its salts imports reached $725K in 2022. Overall, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.

Top Suppliers of Polyphenols; Resorcinol and Its Salts to Luxembourg in 2022:

1. Belgium (62.0 tons)
2. Germany (24.1 tons)

Exports of Polyphenols; Resorcinol and Its Salts in Luxembourg

In 2022, exports of polyphenols; resorcinol and its saltses from Luxembourg totaled 63 kg, almost unchanged from the previous year's figure. Over the period under review, exports recorded a significant contraction. The smallest decline of -76.5% was in 2020.

In value terms, polyphenols; resorcinol and its salts exports amounted to $2.6K in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -94% was in 2020.

Top Export Markets for Polyphenols; Resorcinol and Its Salts from Luxembourg in 2022:

1. Belgium (63.0 kg)

Source: IndexBox Market Intelligence Platform