Price for Sugars; Fructose, Chemically Pure, in Solid Form in Hong Kong SAR - 2023
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Hong Kong SAR (CIF) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Hong Kong SAR
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Hong Kong SAR (CIF) - 2022
The average import price for sugars; fructose, chemically pure, in solid form stood at $3,012 per ton in 2022, growing by 44% against the previous year. Overall, the import price showed a noticeable expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 163% against the previous year. The import price peaked at $11,392 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +17.6% per year.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Hong Kong SAR
In 2022, overseas purchases of sugars; fructose, chemically pure, in solid form decreased by -39.1% to 5.4 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 1.7%. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of sugars; fructose, chemically pure, in solid form reduced to $16K in 2022. Overall, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 44% against the previous year. As a result, imports reached the peak of $150K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 22.0 | 10.6 | 18.5 | 16.2 | -9.7% |
| Malaysia | 81.9 | 139 | N/A | N/A | 69.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 104 | 150 | 18.5 | 16.2 | -46.2% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Hong Kong SAR in 2022:
- Taiwan (Chinese) (5.4 tons)
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