Price for Andalusite, Kyanite and Sillimanite in Hong Kong SAR - 2022
Contents:
- Price for Andalusite, Kyanite and Sillimanite in Hong Kong SAR (FOB) - 2022
- Price for Andalusite, Kyanite and Sillimanite in Hong Kong SAR (CIF) - 2022
- Exports of Andalusite, Kyanite and Sillimanite in Hong Kong SAR
- Imports of Andalusite, Kyanite and Sillimanite in Hong Kong SAR
Price for Andalusite, Kyanite and Sillimanite in Hong Kong SAR (FOB) - 2022
The average andalusite, kyanite and sillimanite export price stood at $107,000 per ton in 2022, surging by 26,624% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +21.0% per year.
Price for Andalusite, Kyanite and Sillimanite in Hong Kong SAR (CIF) - 2022
In 2022, the average andalusite, kyanite and sillimanite import price amounted to $140 per ton, standing approx. at the previous year. Overall, the import price recorded a deep setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 13%. Over the period under review, average import prices attained the maximum at $293 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($304 per ton), while the price for Ukraine totaled $121 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.6%).
Exports of Andalusite, Kyanite and Sillimanite in Hong Kong SAR
In 2022, approx. 4 kg of andalusite, kyanite and sillimanites were exported from Hong Kong SAR; shrinking by 99.9% compared with 2021 figures. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of 199 tons, and then contracted notably in the following year.
In value terms, andalusite, kyanite and sillimanite exports declined markedly to $428 in 2022. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of $80K, and then reduced notably in the following year.
| Export of Andalusite, Kyanite and Sillimanite in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | N/A | N/A | N/A | 0.4 | 0% |
| Thailand | 2.5 | 2.1 | 2.0 | N/A | -10.6% |
| Mozambique | 47.9 | 48.7 | 52.8 | N/A | 5.0% |
| Malaysia | 8.3 | 2.2 | 5.0 | N/A | -22.4% |
| India | 9.4 | 6.9 | 15.1 | N/A | 26.7% |
| Indonesia | 5.2 | 9.9 | 2.5 | N/A | -30.7% |
| Others | N/A | N/A | 2.5 | N/A | 0% |
| Total | 73.3 | 69.8 | 79.9 | 0.4 | -82.4% |
Top Export Markets for Andalusite, Kyanite and Sillimanite from Hong Kong SAR in 2022:
- Macao SAR (4.0 kg)
Imports of Andalusite, Kyanite and Sillimanite in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in supplies from abroad of andalusite, kyanite and sillimanites, when their volume decreased by -36.7% to 201 tons. Over the period under review, imports, however, posted a prominent increase. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year.
In value terms, andalusite, kyanite and sillimanite imports dropped markedly to $28K in 2022. In general, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 70% against the previous year.
| Import of Andalusite, Kyanite and Sillimanite in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 13.0 | 28.6 | 35.9 | 21.8 | 18.8% |
| United States | 5.6 | 2.9 | 8.9 | 6.4 | 4.6% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 18.6 | 31.7 | 44.8 | 28.3 | 15.0% |
Top Suppliers of Andalusite, Kyanite and Sillimanite to Hong Kong SAR in 2022:
- Ukraine (180.2 tons)
- United States (21.2 tons)
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