Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR - 2023
Contents:
- Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR (CIF) - 2023
- Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR (FOB) - 2022
- Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR
- Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR
Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR (CIF) - 2023
In October 2023, the average import price for alcohols; unsaturated monohydric, acyclic terpene alcoholses amounted to $12,597 per ton, picking up by 51% against the previous month. Over the period under review, the import price saw a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to +3.7% per month.
Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for alcohols; unsaturated monohydric, acyclic terpene alcoholses amounted to $25,272 per ton, growing by 170% against the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 729% 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 near future.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.1% per year.
Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR
In 2022, imports of alcohols; unsaturated monohydric, acyclic terpene alcoholses into Hong Kong SAR shrank remarkably to 91 tons, which is down by -53.2% on the previous year. In general, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 69%. As a result, imports reached the peak of 195 tons, and then shrank notably in the following year.
In value terms, imports of alcohols; unsaturated monohydric, acyclic terpene alcoholses contracted rapidly to $758K in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, imports reached the peak of $1.3M, and then reduced remarkably in the following year.
| Import of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,017 | 735 | 1,296 | 346 | -30.2% |
| Others | 14.5 | 13.1 | 28.3 | 413 | 205.4% |
| Total | 1,031 | 748 | 1,324 | 758 | -9.7% |
Top Suppliers of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols to Hong Kong SAR in 2022:
- China (57.5 tons)
Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR
In 2022, approx. 1.4 tons of alcohols; unsaturated monohydric, acyclic terpene alcoholses were exported from Hong Kong SAR; which is down by -45.8% compared with the previous year's figure. Overall, exports continue to indicate a precipitous setback. The smallest decline of -38.4% was in 2020.
In value terms, exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses soared to $34K in 2022. In general, exports saw a significant contraction.
| Export of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 956 | 467 | 22.5 | 290 | -32.8% |
| Singapore | N/A | 52.4 | N/A | N/A | 0% |
| Germany | N/A | 31.5 | N/A | N/A | 0% |
| Others | -156.6 | -55.6 | 0.9 | -256.0 | 17.8% |
| Total | 800 | 495 | 23.4 | 34.2 | -65.0% |
Top Export Markets for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols from Hong Kong SAR in 2022:
- Taiwan (Chinese) (47.6 tons)
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