Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR (CIF) - 2022
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR (FOB) - 2022
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $4,544 per ton, growing by 7.2% against the previous year. Overall, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. The import price peaked at $5,532 per ton in 2014; however, from 2015 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 Japan ($7,075 per ton), while the price for China ($2,506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced a decline.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR (FOB) - 2022
The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $7,196 per ton in 2022, falling by -7.9% against the previous year. Over the period under review, the export price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2021 an increase of 99% against the previous year. As a result, the export price attained the peak level of $7,813 per ton, and then declined in the following year.
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 China ($11,822 per ton), while the average price for exports to Brazil ($1,478 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 (+10.1%).
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR
In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s imported into Hong Kong SAR contracted dramatically to 120 tons, waning by -35.4% compared with the previous year's figure. Over the period under review, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 34%.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s dropped dramatically to $546K in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 42%.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 284 | 283 | 319 | 348 | 7.0% |
| China | 45.2 | 72.3 | 249 | 117 | 37.3% |
| Germany | 350 | 94.2 | 50.2 | 55.6 | -45.8% |
| United States | N/A | 72.3 | 72.3 | 20.0 | -47.4% |
| Netherlands | 57.7 | N/A | N/A | N/A | 0% |
| Canada | 72.4 | N/A | 72.2 | N/A | -0.1% |
| Others | 17.8 | 33.0 | 26.3 | 5.9 | -30.8% |
| Total | 827 | 554 | 789 | 546 | -12.9% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Hong Kong SAR in 2022:
- Japan (49.2 tons)
- China (46.5 tons)
- Germany (22.0 tons)
- United States (1.5 tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR
Exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Hong Kong SAR rose modestly to 65 tons in 2022, growing by 1.5% on the year before. Overall, exports, however, showed a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 4.5% against the previous year. As a result, the exports attained the peak of 163 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s contracted to $465K in 2022. Over the period under review, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 7.1%. As a result, the exports reached the peak of $641K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 598 | 641 | 497 | 325 | -18.4% |
| Vietnam | N/A | N/A | N/A | 99.6 | 0% |
| Brazil | N/A | N/A | N/A | 40.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 598 | 641 | 497 | 465 | -8.0% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Hong Kong SAR in 2022:
- China (27.5 tons)
- Brazil (27.1 tons)
- Vietnam (10.0 tons)
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