Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $219 per ton in 2022, waning by -17.5% against the previous year. Overall, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2017 an increase of 55%. The import price peaked at $266 per ton in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($332 per ton), while the price for China stood at $195 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%).
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $1,109 per ton, which is down by -10.6% against the previous year. In general, the export price recorded a pronounced setback. The growth pace was the most rapid in 2016 an increase of 135% against the previous year. As a result, the export price reached the peak level of $4,975 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
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 ($1,809 per ton), while the average price for exports to Taiwan (Chinese) ($958 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 (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR
In 2022, purchases abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -49.3% to 3.4K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 13%. As a result, imports reached the peak of 7.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s contracted significantly to $742K in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 29%.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,276 | 1,519 | 1,675 | 585 | -22.9% |
| Indonesia | N/A | 93.6 | 87.9 | 128 | 16.9% |
| Others | 66.0 | 123 | 12.0 | 29.4 | -23.6% |
| Total | 1,342 | 1,736 | 1,775 | 742 | -17.9% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Hong Kong SAR in 2022:
- China (3.0K tons)
- Indonesia (0.4K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR
In 2022, exports of silicates; of sodium (excluding sodium metasilicates)s from Hong Kong SAR soared to 27 tons, with an increase of 32% against 2021. In general, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 121%. As a result, the exports reached the peak of 109 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s surged to $30K in 2022. Overall, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 126%. As a result, the exports attained the peak of $120K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.0 | 35.7 | 15.7 | 17.1 | -25.3% |
| Taiwan (Chinese) | N/A | 6.8 | N/A | 8.6 | 12.5% |
| China | 3.6 | 14.7 | 9.5 | 2.1 | -16.4% |
| Thailand | 8.4 | 6.1 | N/A | 1.9 | -39.1% |
| Macao SAR | N/A | 50.4 | N/A | N/A | 0% |
| Others | N/A | 6.2 | N/A | N/A | 0% |
| Total | 53.0 | 120 | 25.2 | 29.7 | -17.6% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Hong Kong SAR in 2022:
- United States (15.0 tons)
- Taiwan (Chinese) (9.0 tons)
- Thailand (1.6 tons)
- China (1.2 tons)
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