Cerium Compounds Price in Hong Kong SAR - 2023
Contents:
- Cerium Compounds Price in Hong Kong SAR (FOB) - 2022
- Cerium Compounds Price in Hong Kong SAR (CIF) - 2022
- Cerium Compounds Exports in Hong Kong SAR
- Cerium Compounds Imports in Hong Kong SAR
Cerium Compounds Price in Hong Kong SAR (FOB) - 2022
The average cerium compounds export price stood at $10,153 per ton in 2022, rising by 61% against the previous year. Over the period under review, the export price recorded a temperate increase. The most prominent rate of growth was recorded in 2015 an increase of 86%. The export price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +14.6% per year.
Cerium Compounds Price in Hong Kong SAR (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $22,132 per ton, declining by -8.5% against the previous year. Overall, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2019 an increase of 69% against the previous year. Over the period under review, average import prices reached the maximum at $47,603 per ton in 2014; however, from 2015 to 2022, import prices stood 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 Japan amounted to +22.7% per year.
Cerium Compounds Exports in Hong Kong SAR
In 2022, overseas shipments of cerium compoundses decreased by -90.8% to 720 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 32 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cerium compounds exports dropped remarkably to $7.3K in 2022. Overall, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 2.9% against the previous year. As a result, the exports reached the peak of $138K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cerium Compounds in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 22.9 | N/A | 16.4 | 7.3 | -31.7% |
| Russia | N/A | N/A | 18.0 | N/A | 0% |
| China | 112 | 138 | 12.3 | N/A | -66.9% |
| Others | N/A | N/A | 2.5 | N/A | 0% |
| Total | 135 | 138 | 49.3 | 7.3 | -62.2% |
Top Export Markets for Cerium Compounds from Hong Kong SAR in 2022:
- India (720.0 kg)
Cerium Compounds Imports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of cerium compoundses, when their volume decreased by -96.5% to 243 kg. Overall, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 97%. As a result, imports reached the peak of 6.9 tons, and then contracted markedly in the following year.
In value terms, cerium compounds imports shrank sharply to $5.4K in 2022. Over the period under review, imports faced a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 53%.
| Import of Cerium Compounds in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.3 | 144 | 168 | 5.4 | -61.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 94.3 | 144 | 168 | 5.4 | -61.5% |
Top Suppliers of Cerium Compounds to Hong Kong SAR in 2022:
- China (243.0 kg)
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