Price for Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR - 2023

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR (FOB) - 2022
2. Price for Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR (CIF) - 2022
3. Exports of Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR
4. Imports of Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR

Price for Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR (FOB) - 2022

The average export price for salts of oxometallic or peroxometallic acidses stood at $19,216 per ton in 2022, rising by 11% against the previous year. In general, the export price showed a perceptible increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 77%. Over the period under review, the average export prices reached the maximum at $26,623 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +45.3% per year.

Price for Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $11,212 per ton in 2022, declining by -15.9% against the previous year. In general, the import price, however, showed a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 278% against the previous year. The import price peaked at $27,131 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 China ($27,997 per ton), while the price for Japan ($9,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.5%), while the prices for the other major suppliers experienced a decline.

Exports of Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in overseas shipments of salts of oxometallic or peroxometallic acidses, when their volume decreased by -71.2% to 110 tons. In general, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year.

In value terms, exports of salts of oxometallic or peroxometallic acidses reduced remarkably to $2.1M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 245%.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Hong Kong SAR in 2022:

1. China (109.8 tons)

Imports of Salts of Oxometallic or Peroxometallic Acids in Hong Kong SAR

In 2022, overseas purchases of salts of oxometallic or peroxometallic acidses decreased by -64% to 117 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 111%.

In value terms, imports of salts of oxometallic or peroxometallic acidses reduced markedly to $1.3M in 2022. In general, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 120%. As a result, imports attained the peak of $4.3M, and then declined markedly in the following year.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Hong Kong SAR in 2022:

1. Japan (80.6 tons)
2. South Korea (32.8 tons)
3. China (3.1 tons)
4. Taiwan (Chinese) (0.2 tons)

Source: IndexBox Market Intelligence Platform