Price for Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR - 2024

Contents:

1. Price for Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR (FOB) - 2024
2. Price for Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR (CIF) - 2022
3. Exports of Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR
4. Imports of Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR

Price for Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR (FOB) - 2024

In December 2023, the average export price for pulps of other fibrous cellulosic materials amounted to $246 per ton, picking up by 13% against the previous month. Over the period under review, the export price, however, continues to indicate a perceptible contraction. Over the period under review, the average export prices attained the peak figure at $369 per ton in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From March 2023 to December 2023, the rate of growth in terms of prices for China amounted to -4.4% per month.

Price for Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for pulps of other fibrous cellulosic materials amounted to $577 per ton, which is down by -42.3% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 585% against the previous year. The import price peaked at $1,018 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 +8.4% per year.

Exports of Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded growth in shipments abroad of pulps of other fibrous cellulosic materials, which increased by 383% to 117K tons in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,260%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of pulps of other fibrous cellulosic materials skyrocketed to $47M in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 11,312%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Hong Kong SAR in 2022:

1. China (58.5K tons)

Imports of Pulps of Other Fibrous Cellulosic Material in Hong Kong SAR

After two years of decline, supplies from abroad of pulps of other fibrous cellulosic materials increased by 386% to 288 tons in 2022. Over the period under review, imports, however, faced a abrupt contraction.

In value terms, imports of pulps of other fibrous cellulosic materials skyrocketed to $166K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Hong Kong SAR in 2022:

1. China (144.0 tons)

Source: IndexBox Market Intelligence Platform