Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR - 2023
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR (FOB) - 2023
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR (CIF) - 2022
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR (FOB) - 2023
The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $106K per ton in September 2023, with a decrease of -3.1% against the previous month. In general, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 46% against the previous month. The export price peaked at $117K per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From December 2022 to September 2023, the rate of growth in terms of prices for China amounted to -1.0% per month.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,497 per ton, which is down by -20.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of 404%. As a result, import price reached the peak level of $11,374 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($7,032 per ton), while the price for China amounted to $5,131 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+79.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR
In 2022, approx. 43 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Hong Kong SAR; with a decrease of -23.8% against the year before. In general, exports showed a dramatic descent.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses contracted slightly to $3M in 2022. Overall, exports recorded a drastic downturn. The smallest decline of -0.6% was in 2020.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.6 | 3.0 | 3.0 | -6.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.7 | 3.6 | 3.1 | 3.0 | -6.8% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Hong Kong SAR in 2022:
- China (42.6 tons)
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR
After two years of decline, supplies from abroad of colouring matter; pigments and preparations based on chromium compoundses increased by 412% to 18 tons in 2022. In general, imports, however, continue to indicate a noticeable reduction.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses soared to $101K in 2022. Overall, imports, however, showed a dramatic downturn.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.8 | 12.8 | 15.3 | 76.2 | 39.9% |
| United Kingdom | 7.1 | 8.8 | 9.5 | 24.9 | 51.9% |
| Japan | 192 | 31.3 | N/A | N/A | -83.7% |
| Canada | N/A | 9.7 | N/A | N/A | 0% |
| Others | 6.0 | N/A | N/A | N/A | 0% |
| Total | 233 | 62.6 | 24.9 | 101 | -24.3% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Hong Kong SAR in 2022:
- China (14.9 tons)
- United Kingdom (3.5 tons)
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