Price for Quinones; Other than Anthraquinone in Hong Kong SAR - 2024

Contents:

  1. Price for Quinones; Other than Anthraquinone in Hong Kong SAR (FOB) - 2022
  2. Price for Quinones; Other than Anthraquinone in Hong Kong SAR (CIF) - 2022
  3. Exports of Quinones; Other than Anthraquinone in Hong Kong SAR
  4. Imports of Quinones; Other than Anthraquinone in Hong Kong SAR

Price for Quinones; Other than Anthraquinone in Hong Kong SAR (FOB) - 2022

In 2022, the average quinones; other than anthraquinone export price amounted to $41,207 per ton, reducing by -21.7% against the previous year. In general, the export price, however, showed a temperate increase. The pace of growth appeared the most rapid in 2019 an increase of 122% against the previous year. Over the period under review, the average export prices hit record highs at $52,650 per ton in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($43,337 per ton), while the average price for exports to Australia ($9,056 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 Hungary (+30.6%), while the prices for the other major destinations experienced a decline.

Price for Quinones; Other than Anthraquinone in Hong Kong SAR (CIF) - 2022

The average quinones; other than anthraquinone import price stood at $197,920 per ton in 2022, growing by 16% against the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 321%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($341,385 per ton), while the price for the United States ($138,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+79.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Quinones; Other than Anthraquinone in Hong Kong SAR

In 2022, approx. 3.6 tons of quinones; other than anthraquinones were exported from Hong Kong SAR; growing by 247% against the previous year. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,148%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, quinones; other than anthraquinone exports skyrocketed to $148K in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,209%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Export of Quinones; Other than Anthraquinone in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/A34.7121248.7%
United States1.68.31.42.820.5%
India1.220.21.62.731.0%
Australia0.46.21.02.173.8%
Canada0.68.31.11.741.5%
Germany0.910.01.11.415.9%
Others1.527.913.816.9124.2%
Total6.280.954.7148187.9%

Top Export Markets for Quinones; Other than Anthraquinone from Hong Kong SAR in 2022:

  1. Hungary (2789.0 kg)
  2. Australia (234.0 kg)
  3. Canada (183.0 kg)
  4. India (172.0 kg)
  5. United States (80.0 kg)
  6. Germany (53.0 kg)

Imports of Quinones; Other than Anthraquinone in Hong Kong SAR

After two years of decline, purchases abroad of quinones; other than anthraquinones decreased by -46.2% to 199 kg in 2022. Over the period under review, imports, however, posted a significant expansion.

In value terms, quinones; other than anthraquinone imports contracted markedly to $39K in 2022. In general, imports, however, recorded significant growth.

Import of Quinones; Other than Anthraquinone in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.2N/A32.917.2341.4%
United States0.2N/A6.38.6250.3%
Israel0.4N/A7.24.4122.4%
South Korea0.6N/A8.64.494.3%
Japan0.4N/A4.62.276.5%
Canada0.2N/A1.21.491.3%
United Kingdom0.1N/A2.31.1122.4%
Others1.0N/A0.10.1-53.6%
Total3.0N/A63.239.4135.9%

Top Suppliers of Quinones; Other than Anthraquinone to Hong Kong SAR in 2022:

  1. China (76.0 kg)
  2. United States (62.0 kg)
  3. South Korea (26.0 kg)
  4. Israel (13.0 kg)
  5. Japan (9.0 kg)
  6. Canada (6.0 kg)
  7. United Kingdom (4.0 kg)

Source: IndexBox Market Intelligence Platform

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