Salts; Sodium Dichromate Price in Hong Kong SAR - 2022
Contents:
- Salts; Sodium Dichromate Price in Hong Kong SAR (FOB) - 2022
- Salts; Sodium Dichromate Price in Hong Kong SAR (CIF) - 2022
- Salts; Sodium Dichromate Exports in Hong Kong SAR
- Salts; Sodium Dichromate Imports in Hong Kong SAR
Salts; Sodium Dichromate Price in Hong Kong SAR (FOB) - 2022
The average salts; sodium dichromate export price stood at $12,902 per ton in 2022, growing by 115% against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 218%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($29,204 per ton), while the average price for exports to China stood at $7,183 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Salts; Sodium Dichromate Price in Hong Kong SAR (CIF) - 2022
In 2022, the average salts; sodium dichromate import price amounted to $10,019 per ton, rising by 1,078% against the previous year. Over the period under review, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.1% per year.
Salts; Sodium Dichromate Exports in Hong Kong SAR
In 2022, the amount of salts; sodium dichromate exported from Hong Kong SAR fell significantly to 643 kg, reducing by -36.4% compared with the previous year's figure. Over the period under review, exports recorded a sharp decline. The growth pace was the most rapid in 2021 with an increase of 16%.
In value terms, salts; sodium dichromate exports skyrocketed to $8.3K in 2022. Overall, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year.
| Export of Salts; Sodium Dichromate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.3 | 0.8 | 1.5 | 4.9 | 55.6% |
| China | 5.1 | 1.2 | 1.7 | 3.4 | -12.6% |
| Malaysia | 2.1 | 1.1 | 1.8 | N/A | -7.4% |
| Cambodia | 1.9 | 0.8 | 1.1 | N/A | -23.9% |
| India | 18.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.0 | 3.8 | 6.1 | 8.3 | -34.1% |
Top Export Markets for Salts; Sodium Dichromate from Hong Kong SAR in 2022:
- China (476.0 kg)
- Indonesia (167.0 kg)
Salts; Sodium Dichromate Imports in Hong Kong SAR
In 2022, supplies from abroad of salts; sodium dichromate decreased by -99.8% to 476 kg, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 355%. As a result, imports reached the peak of 264 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, salts; sodium dichromate imports shrank notably to $4.8K in 2022. Over the period under review, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 199% against the previous year.
| Import of Salts; Sodium Dichromate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.7 | 9.0 | 7.2 | 4.8 | -20.9% |
| South Africa | 7.5 | 7.8 | 7.0 | N/A | -3.4% |
| Kazakhstan | 51.8 | 197 | 201 | N/A | 97.0% |
| Others | 4.4 | 5.9 | 8.4 | N/A | 38.2% |
| Total | 73.4 | 219 | 223 | 4.8 | -59.7% |
Top Suppliers of Salts; Sodium Dichromate to Hong Kong SAR in 2022:
- United States (476.0 kg)
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