Peroxoborates (Perborates) Price in Hong Kong SAR - 2022

Contents:

  1. Peroxoborates (Perborates) Price in Hong Kong SAR (CIF) - 2022
  2. Peroxoborates (Perborates) Price in Hong Kong SAR (FOB) - 2022
  3. Peroxoborates (Perborates) Imports in Hong Kong SAR
  4. Peroxoborates (Perborates) Exports in Hong Kong SAR

Peroxoborates (Perborates) Price in Hong Kong SAR (CIF) - 2022

The average peroxoborates (perborates) import price stood at $1,097 per ton in 2022, shrinking by -9.9% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 2013 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $1,457 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Belgium amounted to +43.9% per year.

Peroxoborates (Perborates) Price in Hong Kong SAR (FOB) - 2022

The average peroxoborates (perborates) export price stood at $817 per ton in 2022, waning by -6% against the previous year. Overall, the export price recorded a perceptible setback. The pace of growth was the most pronounced in 2020 an increase of 41%. Over the period under review, the average export prices hit record highs at $1,731 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Sri Lanka ($1,192 per ton), while the average price for exports to Austria amounted to $12 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (-11.1%).

Peroxoborates (Perborates) Imports in Hong Kong SAR

In 2022, approx. 16 tons of peroxoborates (perborates)s were imported into Hong Kong SAR; picking up by 47% against 2021 figures. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, peroxoborates (perborates) imports soared to $18K in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 47%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Peroxoborates (Perborates) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.97.712.117.530.4%
Others1.61.31.2N/A-13.4%
Total9.59.013.317.522.6%

Top Suppliers of Peroxoborates (Perborates) to Hong Kong SAR in 2022:

  1. China (16.0 tons)

Peroxoborates (Perborates) Exports in Hong Kong SAR

In 2022, the amount of peroxoborates (perborates)s exported from Hong Kong SAR fell modestly to 8.4 tons, which is down by -4% on the year before. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of 8.7 tons, and then declined modestly in the following year.

In value terms, peroxoborates (perborates) exports fell to $6.9K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.9% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 32%.

Export of Peroxoborates (Perborates) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka2.76.14.26.836.1%
AustriaN/AN/AN/AN/A0%
United States1.9N/AN/AN/A0%
PhilippinesN/AN/A1.7N/A0%
OthersN/AN/A1.7N/A0%
Total4.66.17.66.914.5%

Top Export Markets for Peroxoborates (Perborates) from Hong Kong SAR in 2022:

  1. Sri Lanka (5.7 tons)
  2. Austria (2.5 tons)

Source: IndexBox Market Intelligence Platform

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