Price for Ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ether in Hong Kong SAR - 2023

Contents:

  1. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR (CIF) - 2022
  2. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR (FOB) - 2022
  3. Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR
  4. Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR (CIF) - 2022

The average import price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers stood at $8,368 per ton in 2022, reducing by -2.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 66%. The import price peaked at $12,707 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($14,254 per ton), while the price for Spain ($7,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers amounted to $58,400 per ton, waning by -55.8% against the previous year. In general, the export price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 363% against the previous year. As a result, the export price attained the peak level of $132,068 per ton, and then fell rapidly in the following year.

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 Macao SAR amounted to +14.7% per year.

Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR

In 2022, approx. 5.3 tons of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers were imported into Hong Kong SAR; rising by 18% compared with the year before. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers skyrocketed to $45K in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand7.516.712.123.646.5%
South Korea6.39.74.312.927.0%
Spain0.21.21.85.3198.1%
United Kingdom2.44.82.32.96.5%
Others18.97.318.3N/A-1.6%
Total35.339.838.744.78.2%

Top Suppliers of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether to Hong Kong SAR in 2022:

  1. Thailand (2.9 tons)
  2. South Korea (1.5 tons)
  3. Spain (0.8 tons)
  4. United Kingdom (0.2 tons)

Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR

In 2022, the amount of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers exported from Hong Kong SAR surged to 100 kg, increasing by 127% compared with the previous year's figure. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 433%. As a result, the exports attained the peak of 112 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers amounted to $5.8K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 452% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR0.53.21.85.8126.4%
Others0.1N/A4.0N/A532.5%
Total0.63.25.85.8113.0%

Top Export Markets for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether from Hong Kong SAR in 2022:

  1. Macao SAR (100.0 kg)

Source: IndexBox Market Intelligence Platform

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