Price for Carbides, Whether or Not Chemically Defined in Hong Kong SAR - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Hong Kong SAR (FOB) - 2022
- Price for Carbides, Whether or Not Chemically Defined in Hong Kong SAR (CIF) - 2022
- Exports of Carbides, Whether or Not Chemically Defined in Hong Kong SAR
- Imports of Carbides, Whether or Not Chemically Defined in Hong Kong SAR
Price for Carbides, Whether or Not Chemically Defined in Hong Kong SAR (FOB) - 2022
The average export price for carbides, whether or not chemically defineds stood at $27,815 per ton in 2022, growing by 26% against the previous year. In general, the export price saw a slight expansion. The growth pace was the most rapid in 2016 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($60,279 per ton), while the average price for exports to China ($12,139 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 Canada (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Carbides, Whether or Not Chemically Defined in Hong Kong SAR (CIF) - 2022
The average import price for carbides, whether or not chemically defineds stood at $4,885 per ton in 2022, waning by -22.9% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 199%. Over the period under review, average import prices reached the maximum at $15,513 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($93,959 per ton), while the price for China ($4,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Carbides, Whether or Not Chemically Defined in Hong Kong SAR
In 2022, approx. 127 tons of carbides, whether or not chemically defineds were exported from Hong Kong SAR; increasing by 46% compared with 2021 figures. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 111%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of carbides, whether or not chemically defineds soared to $3.5M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 191%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Carbides, Whether or Not Chemically Defined in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 32.6 | 485 | 1,431 | 562.5% |
| Canada | N/A | 9.5 | 766 | 1,346 | 1090.3% |
| China | 635 | 473 | 571 | 691 | 2.9% |
| Taiwan (Chinese) | N/A | N/A | 92.9 | N/A | 0% |
| Others | 23.7 | 146 | 6.7 | 77.3 | 48.3% |
| Total | 659 | 661 | 1,921 | 3,545 | 75.2% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Hong Kong SAR in 2022:
- China (56.9 tons)
- India (47.8 tons)
- Canada (22.3 tons)
Imports of Carbides, Whether or Not Chemically Defined in Hong Kong SAR
In 2022, imports of carbides, whether or not chemically defineds into Hong Kong SAR surged to 367 tons, with an increase of 85% on the previous year. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 482%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $1.8M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 285%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Carbides, Whether or Not Chemically Defined in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.9 | 31.7 | 938 | 1,659 | 392.4% |
| Taiwan (Chinese) | 369 | N/A | 37.1 | 32.8 | -55.4% |
| Japan | 16.2 | 12.6 | 13.0 | 9.6 | -16.0% |
| Belgium | N/A | 10.1 | N/A | N/A | 0% |
| Others | 136 | 271 | 268 | 89.2 | -13.1% |
| Total | 536 | 326 | 1,255 | 1,791 | 49.5% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Hong Kong SAR in 2022:
- China (360.3 tons)
- Japan (1.8 tons)
- Taiwan (Chinese) (1.8 tons)
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