Phenols; Phenol-Alcohols Price in Hong Kong SAR - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Hong Kong SAR (FOB) - 2022
- Phenols; Phenol-Alcohols Price in Hong Kong SAR (CIF) - 2022
- Phenols; Phenol-Alcohols Exports in Hong Kong SAR
- Phenols; Phenol-Alcohols Imports in Hong Kong SAR
Phenols; Phenol-Alcohols Price in Hong Kong SAR (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $21,550 per ton, waning by -51.5% against the previous year. In general, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in 2019 an increase of 201%. The export price peaked at $59,540 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($122,076 per ton), while the average price for exports to Lithuania ($3,187 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 Iran (+57.8%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Hong Kong SAR (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $6,863 per ton in 2022, increasing by 18% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $7,377 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($20,020 per ton), while the price for Taiwan (Chinese) ($2,087 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+106.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Exports in Hong Kong SAR
In 2022, the amount of phenols; phenol-alcoholses exported from Hong Kong SAR skyrocketed to 34 tons, growing by 241% compared with 2021. Over the period under review, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, phenols; phenol-alcohols exports surged to $727K in 2022. Overall, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 200% against the previous year. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Phenols; Phenol-Alcohols in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 176 | 172 | 173 | 349 | 25.6% |
| Japan | 3.4 | N/A | 3.3 | 157 | 258.8% |
| Lithuania | N/A | N/A | N/A | 63.7 | 0% |
| Italy | 97.6 | 1.6 | N/A | 2.0 | -72.6% |
| Mexico | 97.1 | 330 | N/A | N/A | 239.9% |
| Germany | 74.8 | 994 | 41.1 | N/A | -25.9% |
| Others | 126 | 227 | 222 | 155 | 7.1% |
| Total | 575 | 1,725 | 439 | 727 | 8.1% |
Top Export Markets for Phenols; Phenol-Alcohols from Hong Kong SAR in 2022:
- Italy (undefined tons)
- Lithuania (20.0 tons)
- China (10.7 tons)
- Japan (1.3 tons)
Phenols; Phenol-Alcohols Imports in Hong Kong SAR
In 2022, phenols; phenol-alcohols imports into Hong Kong SAR skyrocketed to 99 tons, with an increase of 61% compared with the previous year. Overall, imports, however, recorded a deep contraction.
In value terms, phenols; phenol-alcohols imports surged to $678K in 2022. Over the period under review, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 117 | 175 | 165 | 441 | 55.6% |
| Taiwan (Chinese) | 166 | 62.4 | 60.9 | 104 | -14.4% |
| Russia | N/A | N/A | N/A | 63.7 | 0% |
| India | N/A | 23.3 | 40.1 | 42.3 | 34.7% |
| China | 76.8 | 35.9 | 34.6 | 17.5 | -38.9% |
| Thailand | 94.0 | N/A | N/A | N/A | 0% |
| Others | 95.0 | 84.0 | 54.5 | 9.5 | -53.6% |
| Total | 549 | 381 | 355 | 678 | 7.3% |
Top Suppliers of Phenols; Phenol-Alcohols to Hong Kong SAR in 2022:
- Taiwan (Chinese) (49.6 tons)
- Japan (22.0 tons)
- Russia (20.0 tons)
- India (4.8 tons)
- China (2.0 tons)
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