Carbonates; Barium Carbonate Price in Hong Kong SAR - 2023
Contents:
- Carbonates; Barium Carbonate Price in Hong Kong SAR (CIF) - 2022
- Carbonates; Barium Carbonate Price in Hong Kong SAR (FOB) - 2022
- Carbonates; Barium Carbonate Imports in Hong Kong SAR
- Carbonates; Barium Carbonate Exports in Hong Kong SAR
Carbonates; Barium Carbonate Price in Hong Kong SAR (CIF) - 2022
In 2022, the average carbonates; barium carbonate import price amounted to $683 per ton, falling by -53.2% against the previous year. Overall, the import price saw a deep downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 202%. Over the period under review, average import prices hit record highs at $35,621 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 China amounted to -5.9% per year.
Carbonates; Barium Carbonate Price in Hong Kong SAR (FOB) - 2022
In 2022, the average carbonates; barium carbonate export price amounted to $749 per ton, standing approx. at the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; barium carbonate export price increased by +15.3% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 30%. Over the period under review, the average export prices hit record highs at $753 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($931 per ton), while the average price for exports to Kenya ($687 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 China (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Barium Carbonate Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of carbonates; barium carbonates, when their volume decreased by -10.6% to 263 tons. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 504% against the previous year. As a result, imports reached the peak of 294 tons, and then reduced in the following year.
In value terms, carbonates; barium carbonate imports fell sharply to $180K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 539%. As a result, imports attained the peak of $430K, and then contracted dramatically in the following year.
Import of Carbonates; Barium Carbonate in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 20.6 | 49.0 | 373 | 180 | 106.0% |
Others | 22.3 | 18.3 | 56.9 | N/A | 59.7% |
Total | 42.9 | 67.2 | 430 | 180 | 61.3% |
Top Suppliers of Carbonates; Barium Carbonate to Hong Kong SAR in 2022:
- China (263.1 tons)
Carbonates; Barium Carbonate Exports in Hong Kong SAR
In 2022, overseas shipments of carbonates; barium carbonates were finally on the rise to reach 225 tons after two years of decline. Overall, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; barium carbonate exports soared to $169K in 2022. In general, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Carbonates; Barium Carbonate in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | N/A | N/A | N/A | 128 | 0% |
Tanzania | N/A | N/A | N/A | 23.3 | 0% |
Kenya | N/A | N/A | N/A | 17.2 | 0% |
Vietnam | 4.6 | 4.0 | 2.8 | N/A | -22.0% |
Mexico | 4.5 | 3.8 | 2.6 | N/A | -24.0% |
Indonesia | 34.5 | 39.4 | 36.1 | N/A | 2.3% |
Egypt | 19.4 | N/A | N/A | N/A | 0% |
South Africa | 13.6 | 13.3 | 10.5 | N/A | -12.1% |
Iran | 24.0 | 27.3 | 24.9 | N/A | 1.9% |
Canada | 6.8 | 7.2 | 6.1 | N/A | -5.3% |
Others | 2.9 | 2.5 | 1.6 | N/A | -25.7% |
Total | 110 | 97.4 | 84.5 | 169 | 15.4% |
Top Export Markets for Carbonates; Barium Carbonate from Hong Kong SAR in 2022:
- Ghana (175.0 tons)
- Kenya (25.0 tons)
- Tanzania (25.0 tons)
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