Chromium Trioxide Price in Hong Kong SAR - 2023
Contents:
- Chromium Trioxide Price in Hong Kong SAR (CIF) - 2022
- Chromium Trioxide Price in Hong Kong SAR (FOB) - 2022
- Chromium Trioxide Imports in Hong Kong SAR
- Chromium Trioxide Exports in Hong Kong SAR
Chromium Trioxide Price in Hong Kong SAR (CIF) - 2022
The average chromium trioxide import price stood at $3,572 per ton in 2022, rising by 9.2% against the previous year. Overall, the import price, however, showed a perceptible decline. The import price peaked at $5,284 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,581 per ton), while the price for South Africa totaled $3,521 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.0%), while the prices for the other major suppliers experienced a decline.
Chromium Trioxide Price in Hong Kong SAR (FOB) - 2022
In 2022, the average chromium trioxide export price amounted to $4,252 per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a slight descent. The growth pace was the most rapid in 2014 when the average export price increased by 22%. Over the period under review, the average export prices attained the maximum at $4,867 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,599 per ton), while the average price for exports to China amounted to $4,084 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-1.1%).
Chromium Trioxide Imports in Hong Kong SAR
In 2022, chromium trioxide imports into Hong Kong SAR fell sharply to 311 tons, waning by -45% on 2021. In general, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.
In value terms, chromium trioxide imports declined markedly to $1.1M in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 34%.
| Import of Chromium Trioxide in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2,292 | 1,093 | 1,711 | 953 | -25.4% |
| China | 242 | 277 | 129 | 140 | -16.7% |
| Germany | 115 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.2 | 6.9 | 16.8 | 176.3% |
| Total | 2,649 | 1,373 | 1,846 | 1,110 | -25.2% |
Top Suppliers of Chromium Trioxide to Hong Kong SAR in 2022:
- South Africa (270.7 tons)
- China (39.0 tons)
Chromium Trioxide Exports in Hong Kong SAR
In 2022, exports of chromium trioxides from Hong Kong SAR contracted to 360 tons, waning by -6% against 2021 figures. Over the period under review, exports continue to indicate a dramatic slump.
In value terms, chromium trioxide exports reduced to $1.5M in 2022. Overall, exports showed a precipitous descent.
| Export of Chromium Trioxide in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 1.8 | 1.4 | 1.3 | -22.6% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 2.1 | 1.6 | 1.5 | -20.6% |
Top Export Markets for Chromium Trioxide from Hong Kong SAR in 2022:
- China (319.7 tons)
- Taiwan (Chinese) (39.9 tons)
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