Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR - 2023
Contents:
- Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR (CIF) - 2023
- Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR (FOB) - 2022
- Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR
- Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR
Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR (CIF) - 2023
The average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $24,095 per ton in November 2023, rising by 38% against the previous month. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $28,023 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($35,992 per ton), while the price for Spain stood at $20,063 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.2%).
Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR (FOB) - 2022
The average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $36,048 per ton in 2022, with an increase of 4.7% against the previous year. In general, the export price posted a notable increase. The growth pace was the most rapid in 2020 when the average export price increased by 68%. As a result, the export price reached the peak level of $69,596 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($148,657 per ton), while the average price for exports to Mexico ($19,444 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 (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR
In 2022, overseas purchases of heterocyclic compounds with oxygen hetero-atom(s) onlies decreased by -3.2% to 755 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 263%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies fell to $17M in 2022. In general, imports, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 250% against the previous year. As a result, imports reached the peak of $54M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.2 | 50.2 | 9.8 | 10.1 | -6.1% |
| Spain | 2.3 | 3.5 | 7.0 | 5.8 | 36.1% |
| Others | 1.0 | 0.7 | 0.8 | 0.6 | -15.7% |
| Total | 15.5 | 54.4 | 17.6 | 16.5 | 2.1% |
Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Hong Kong SAR in 2022:
- China (437.1 tons)
- Spain (300.5 tons)
Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR
In 2022, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies from Hong Kong SAR expanded significantly to 324 tons, picking up by 14% compared with the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year. As a result, the exports reached the peak of 469 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies skyrocketed to $12M in 2022. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 136% against the previous year. As a result, the exports attained the peak of $33M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.9 | 1.0 | 2.2 | 2.4 | 8.1% |
| Germany | 2.6 | 0.9 | 1.6 | 2.0 | -8.4% |
| Japan | 0.2 | 0.2 | 0.2 | 1.2 | 81.7% |
| United States | 4.7 | 1.4 | 1.8 | 1.0 | -40.3% |
| Netherlands | 0.2 | 0.6 | 0.4 | 0.9 | 65.1% |
| China | 1.2 | 25.8 | 1.1 | 0.8 | -12.6% |
| Mexico | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
| Singapore | 0.8 | 0.6 | 0.2 | 0.4 | -20.6% |
| Brazil | 0.1 | 0.3 | 0.3 | 0.2 | 26.0% |
| Indonesia | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| United Kingdom | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
| Others | 1.1 | 0.9 | 1.0 | 2.0 | 22.1% |
| Total | 13.9 | 32.6 | 9.8 | 11.7 | -5.6% |
Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Hong Kong SAR in 2022:
- Germany (88.0 tons)
- United States (42.2 tons)
- Netherlands (38.0 tons)
- Japan (31.9 tons)
- Mexico (20.4 tons)
- China (19.0 tons)
- India (16.1 tons)
- Singapore (14.9 tons)
- Indonesia (10.0 tons)
- Brazil (8.0 tons)
- United Kingdom (6.0 tons)
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