Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,580 per ton in 2022, with a decrease of -8.6% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in 2015 an increase of 16%. As a result, import price reached the peak level of $1,827 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,846 per ton), while the price for China totaled $1,295 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,385 per ton, rising by 18% against the previous year. Overall, the export price showed a modest expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 82% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($4,807 per ton), while the average price for exports to Brazil totaled $2,315 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+32.8%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR

In 2022, approx. 1.8K tons of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses were imported into Hong Kong SAR; declining by -16.4% against 2021 figures. Overall, imports faced a drastic downturn.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses declined markedly to $2.8M in 2022. In general, imports recorded a sharp contraction.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR (Million USD)
COUNTRY20212022CAGR,
2021-2022
Taiwan (Chinese)N/A1.70%
China3.61.1-69.4%
OthersN/AN/A0%
Total3.72.8-24.3%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (920.7 tons)
  2. China (845.4 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR

After two years of decline, shipments abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by 126% to 2 tons in 2022. Overall, exports, however, showed a sharp reduction.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses surged to $4.9K in 2022. In general, exports, however, showed a dramatic setback.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A4.60%
India28.5N/A0.70.3-78.1%
Malaysia7.8N/AN/AN/A0%
Egypt159N/AN/AN/A0%
Australia30.1N/AN/AN/A0%
IsraelN/A48.0N/AN/A0%
OthersN/AN/A1.1N/A0%
Total22548.01.84.9-72.1%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Hong Kong SAR in 2022:

  1. Brazil (2.0 tons)
  2. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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