Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $18,080 per ton, surging by 167% against the previous year. In general, the import price, however, showed a deep downturn. The import price peaked at $171,738 per ton in 2015; however, from 2016 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 ($32,487 per ton), while the price for China amounted to $17,724 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-8.7%).
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $668,375 per ton in 2022, increasing by 16% against the previous year. In general, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of 129% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($759,159 per ton), while the average price for exports to China ($212,800 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 Mexico (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR
In 2022, purchases abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -35.2% to 53 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 876% against the previous year. As a result, imports attained the peak of 115 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $961K in 2022. In general, imports, however, recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 916 | 554 | 479 | 924 | 0.3% |
| Japan | 11.0 | 68.2 | 68.2 | 30.2 | 40.0% |
| Others | 10.6 | 30.5 | 9.0 | 6.2 | -16.4% |
| Total | 937 | 653 | 556 | 961 | 0.8% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Hong Kong SAR in 2022:
- China (52.1 tons)
- Japan (0.9 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR
Exports of alcohols; aromatic and derivatives, other than benzyl alcohol from Hong Kong SAR fell sharply to 707 kg in 2022, which is down by -15% against the previous year. In general, exports saw a dramatic setback.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank modestly to $473K in 2022. Over the period under review, exports faced a dramatic downturn.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,067 | 807 | 425 | 367 | -29.9% |
| Latvia | N/A | N/A | N/A | 24.1 | 0% |
| China | 37.3 | 122 | 31.6 | 23.4 | -14.4% |
| France | 3.3 | N/A | 7.4 | 18.4 | 77.3% |
| Japan | N/A | 4.5 | 8.9 | 10.0 | 49.1% |
| United States | N/A | N/A | N/A | 8.1 | 0% |
| Others | N/A | 4.0 | 7.7 | 21.1 | 129.7% |
| Total | 1,107 | 937 | 481 | 473 | -24.7% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Hong Kong SAR in 2022:
- Mexico (484.0 kg)
- China (110.0 kg)
- Latvia (36.0 kg)
- France (32.0 kg)
- Japan (24.0 kg)
- United States (15.0 kg)
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This report provides an in-depth analysis of the aromatic alcohols market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the alcohols market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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This report provides an in-depth analysis of the global alcohols market.
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This report provides an in-depth analysis of the aromatic alcohols market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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