Price for Alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives in Hong Kong SAR - 2023
Contents:
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR (CIF) - 2022
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR (FOB) - 2022
- Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR
- Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR (CIF) - 2022
The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $16,487 per ton in 2022, dropping by -14.1% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. Over the period under review, average import prices reached the maximum at $35,926 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($17,204 per ton) and India ($16,876 per ton), while the price for China ($15,692 per ton) and Singapore ($16,213 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-7.5%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR (FOB) - 2022
The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $10,945 per ton in 2022, with a decrease of -3.1% against the previous year. In general, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 27%. The export price peaked at $22,093 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($29,380 per ton), while the average price for exports to Mexico ($5,177 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 (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR
In 2022, approx. 822 tons of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses were imported into Hong Kong SAR; almost unchanged from the previous year's figure. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 31%.
In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell to $14M in 2022. Over the period under review, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 9.9%.
| Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.5 | 9.1 | 8.7 | 7.4 | -24.9% |
| Taiwan (Chinese) | 2.2 | 1.2 | 2.5 | 3.5 | 16.7% |
| India | 3.8 | 3.1 | 3.8 | 2.0 | -19.3% |
| Singapore | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| Others | 0.2 | 0.4 | 0.2 | 0.3 | 14.5% |
| Total | 24.4 | 14.1 | 15.5 | 13.6 | -17.7% |
Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Hong Kong SAR in 2022:
- China (472.6 tons)
- Taiwan (Chinese) (202.6 tons)
- India (120.3 tons)
- Singapore (20.4 tons)
Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR
Exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Hong Kong SAR dropped rapidly to 91 tons in 2022, falling by -35.4% against the year before. Overall, exports recorded a significant contraction. The smallest decline of -23.2% was in 2021.
In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell sharply to $993K in 2022. In general, exports recorded a precipitous decline. The smallest decline of -2.5% was in 2021.
| Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,067 | 807 | 425 | 367 | -29.9% |
| China | 1,297 | 258 | 961 | 276 | -40.3% |
| Cambodia | 174 | 24.1 | 36.2 | 72.4 | -25.3% |
| Taiwan (Chinese) | 36.4 | 35.8 | 35.4 | 32.1 | -4.1% |
| Indonesia | 20.5 | 32.3 | 17.2 | 23.2 | 4.2% |
| South Africa | N/A | 364 | N/A | N/A | 0% |
| Others | 312 | 107 | 114 | 222 | -10.7% |
| Total | 2,907 | 1,629 | 1,588 | 993 | -30.1% |
Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Hong Kong SAR in 2022:
- Mexico (71.0 tons)
- China (9.4 tons)
- Cambodia (3.9 tons)
- Taiwan (Chinese) (2.4 tons)
- Indonesia (1.4 tons)
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