Price for Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR (CIF) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR (FOB) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR
- Exports of Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR
Price for Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $1,234 per ton, which is down by -48.5% against the previous year. In general, the import price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 119% against the previous year. The import price peaked at $2,397 per ton in 2021, and then contracted significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4,948 per ton), while the price for China ($424 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $3,043 per ton, shrinking by -43.6% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 322%. Over the period under review, the average export prices reached the maximum at $5,572 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($5,603 per ton), while the average price for exports to Vietnam totaled $1,388 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+62.9%).
Imports of Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR
In 2022, approx. 274 tons of sodium sulphates; other than disodium sulphates were imported into Hong Kong SAR; declining by -21.7% against 2021 figures. Overall, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 104% against the previous year.
In value terms, imports of sodium sulphates; other than disodium sulphates declined sharply to $339K in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. As a result, imports attained the peak of $840K, and then shrank rapidly in the following year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 393 | 341 | 768 | 198 | -20.4% |
| China | 179 | 45.8 | 70.3 | 82.5 | -22.8% |
| United States | N/A | N/A | N/A | 55.0 | 0% |
| Others | N/A | 1.5 | 1.6 | 3.1 | 43.8% |
| Total | 573 | 389 | 840 | 339 | -16.1% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Hong Kong SAR in 2022:
- China (194.6 tons)
- Japan (40.0 tons)
- United States (39.5 tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of sodium sulphates; other than disodium sulphates, when their volume decreased by -43.3% to 82 tons. Overall, exports, however, showed prominent growth. The growth pace was the most rapid in 2021 with an increase of 124% against the previous year. As a result, the exports attained the peak of 145 tons, and then declined remarkably in the following year.
In value terms, exports of sodium sulphates; other than disodium sulphates shrank markedly to $251K in 2022. Over the period under review, exports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 117%. As a result, the exports attained the peak of $784K, and then fell remarkably in the following year.
| Export of Sodium Sulphates; Other than Disodium Sulphate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 269 | 361 | 768 | 181 | -12.4% |
| Vietnam | N/A | N/A | N/A | 69.5 | 0% |
| Others | N/A | N/A | 16.0 | N/A | 0% |
| Total | 269 | 361 | 784 | 251 | -2.3% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Hong Kong SAR in 2022:
- Vietnam (50.1 tons)
- China (32.4 tons)
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