Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR (FOB) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR (CIF) - 2022
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $77,056 per ton, waning by -29.7% against the previous year. Overall, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,196%. Over the period under review, the average export prices reached the maximum at $366,614 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($620,842 per ton), while the average price for exports to China ($36,724 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 China (+23.2%).
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR (CIF) - 2022
The average import price for ketone-phenols and ketones with other oxygen functia stood at $31,287 per ton in 2022, shrinking by -16.2% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 341%. As a result, import price attained the peak level of $70,551 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.0% per year.
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in shipments abroad of ketone-phenols and ketones with other oxygen functia, when their volume decreased by -57% to 1.1 tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,339% against the previous year. As a result, the exports reached the peak of 2.5 tons, and then reduced remarkably in the following year.
In value terms, exports of ketone-phenols and ketones with other oxygen functia fell markedly to $82K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 629%. As a result, the exports attained the peak of $270K, and then plummeted in the following year.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 65.2 | 36.3 | -44.3% |
| Latvia | N/A | N/A | N/A | 12.7 | 0% |
| United States | 5.3 | 30.4 | 186 | 11.8 | 30.6% |
| Others | N/A | 6.7 | 18.9 | 20.9 | 76.6% |
| Total | 5.3 | 37.0 | 270 | 81.7 | 148.9% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Hong Kong SAR in 2022:
- China (988.0 kg)
- Latvia (34.0 kg)
- United States (19.0 kg)
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR
After three years of growth, purchases abroad of ketone-phenols and ketones with other oxygen functia decreased by -81.4% to 167 kg in 2022. Overall, imports faced a precipitous slump. The pace of growth appeared the most rapid in 2020 when imports increased by 54%.
In value terms, imports of ketone-phenols and ketones with other oxygen functia reduced sharply to $5.2K in 2022. Over the period under review, imports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of $33K, and then contracted dramatically in the following year.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.0 | 25.0 | 33.5 | 5.2 | -31.2% |
| Japan | 12.2 | 5.1 | N/A | N/A | -58.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.2 | 30.1 | 33.5 | 5.2 | -43.1% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Hong Kong SAR in 2022:
- China (167.0 kg)
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