Price for Monophenols; Cresols and Their Salts in Hong Kong SAR - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Hong Kong SAR (FOB) - 2022
- Price for Monophenols; Cresols and Their Salts in Hong Kong SAR (CIF) - 2022
- Exports of Monophenols; Cresols and Their Salts in Hong Kong SAR
- Imports of Monophenols; Cresols and Their Salts in Hong Kong SAR
Price for Monophenols; Cresols and Their Salts in Hong Kong SAR (FOB) - 2022
The average export price for monophenols; cresols and their saltses stood at $12,729 per ton in 2022, rising by 25% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55% against the previous year. The export price peaked at $42,685 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($15,486 per ton), while the average price for exports to Finland ($143 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 Spain (+1.9%).
Price for Monophenols; Cresols and Their Salts in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $3,708 per ton, picking up by 18% against the previous year. In general, the import price, however, recorded a slight slump. The pace of growth appeared the most rapid in 2016 an increase of 186% against the previous year. Over the period under review, average import prices reached the maximum at $29,385 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($27,293 per ton), while the price for China ($1,839 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Monophenols; Cresols and Their Salts in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of monophenols; cresols and their saltses, which decreased by -52.2% to 321 kg in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The smallest decline of -10.8% was in 2021.
In value terms, monophenols; cresols and their salts exports declined notably to $4.1K in 2022. In general, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 24%.
Export of Monophenols; Cresols and Their Salts in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 2.7 | 0% |
Uruguay | 1.4 | 5.7 | 1.4 | 1.1 | -7.7% |
Colombia | N/A | N/A | N/A | 0.3 | 0% |
Belgium | N/A | N/A | 5.4 | N/A | 0% |
Finland | N/A | N/A | N/A | N/A | 0% |
Ghana | 3.2 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.6 | 5.7 | 6.8 | 4.1 | -3.8% |
Top Export Markets for Monophenols; Cresols and Their Salts from Hong Kong SAR in 2022:
- Brazil (173.0 kg)
- Uruguay (113.0 kg)
- Colombia (28.0 kg)
- Finland (7.0 kg)
Imports of Monophenols; Cresols and Their Salts in Hong Kong SAR
In 2022, purchases abroad of monophenols; cresols and their saltses increased by 155% to 960 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt descent.
In value terms, monophenols; cresols and their salts imports soared to $3.6K in 2022. Over the period under review, imports, however, continue to indicate a precipitous curtailment.
Import of Monophenols; Cresols and Their Salts in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.3 | 0.5 | 0.2 | 1.6 | 74.7% |
China | 7.4 | 4.3 | 0.8 | 1.6 | -40.0% |
United Kingdom | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Taiwan (Chinese) | 2.4 | N/A | N/A | N/A | 0% |
Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 10.2 | 5.0 | 1.2 | 3.6 | -29.3% |
Top Suppliers of Monophenols; Cresols and Their Salts to Hong Kong SAR in 2022:
- China (878.0 kg)
- India (58.0 kg)
- United Kingdom (21.0 kg)
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