Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR - 2023

Contents:

1. Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR (FOB) - 2022
2. Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR (CIF) - 2023
3. Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR
4. Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR

Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for colouring matter; inorganic products of a kind used as luminophoreses amounted to $703,834 per ton, reducing by -5.9% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 85% against the previous year. Over the period under review, the average export prices attained the peak figure at $748,318 per ton in 2021, and then dropped in the following year.

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 China ($1,246,840 per ton), while the average price for exports to Bangladesh ($15,296 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 India (+54.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR (CIF) - 2023

In September 2023, the average import price for colouring matter; inorganic products of a kind used as luminophoreses amounted to $1.4M per ton, with an increase of 4.3% against the previous month. In general, import price indicated a moderate increase from November 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for colouring matter; inorganic products of a kind used as luminophoreses increased by +40.8% against May 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 88% m-o-m. As a result, import price reached the peak level of $1,852 per kg; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($6.8M per ton), while the price for Germany ($632K per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of colouring matter; inorganic products of a kind used as luminophoreses, which decreased by -41.5% to 9.9 tons in 2022. Overall, exports showed a precipitous decline. The smallest decline of -3.1% was in 2021.

In value terms, exports of colouring matter; inorganic products of a kind used as luminophoreses contracted dramatically to $7M in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports reached the peak of $13M, and then dropped significantly in the following year.

Top Export Markets for Colouring Matter; Inorganic Products of A Kind Used As Luminophores from Hong Kong SAR in 2022:

1. China (4.7 tons)
2. Malaysia (1.3 tons)
3. United States (1.0 tons)
4. Indonesia (0.8 tons)
5. Thailand (0.7 tons)
6. Bangladesh (0.3 tons)
7. South Korea (0.3 tons)
8. Russia (0.2 tons)

Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Hong Kong SAR

Imports of colouring matter; inorganic products of a kind used as luminophoreses into Hong Kong SAR declined remarkably to 7.6 tons in 2022, with a decrease of -54.8% compared with the year before. Overall, imports saw a sharp curtailment. The smallest decline of -27.7% was in 2020.

In value terms, imports of colouring matter; inorganic products of a kind used as luminophoreses contracted dramatically to $6.8M in 2022. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year.

Top Suppliers of Colouring Matter; Inorganic Products of A Kind Used As Luminophores to Hong Kong SAR in 2022:

1. United States (4.7 tons)
2. Germany (1.1 tons)
3. China (0.9 tons)
4. Switzerland (0.3 tons)
5. Portugal (0.2 tons)
6. Japan (0.2 tons)

Source: IndexBox Market Intelligence Platform