Alkali Metals; Sodium Price in Hong Kong SAR - 2022
Contents:
- Alkali Metals; Sodium Price in Hong Kong SAR (FOB) - 2022
- Alkali Metals; Sodium Price in Hong Kong SAR (CIF) - 2022
- Alkali Metals; Sodium Exports in Hong Kong SAR
- Alkali Metals; Sodium Imports in Hong Kong SAR
Alkali Metals; Sodium Price in Hong Kong SAR (FOB) - 2022
The average alkali metals; sodium export price stood at $3,320 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $3,404 per ton. From 2020 to 2022, the average 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 India ($4,638 per ton), while the average price for exports to Malaysia ($687 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 India (+3.7%), while the prices for the other major destinations experienced a decline.
Alkali Metals; Sodium Price in Hong Kong SAR (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $5,855 per ton, growing by 14% against the previous year. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 61%. As a result, import price attained the peak level of $10,526 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($121,000 per ton), while the price for Singapore ($3,998 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+32.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Alkali Metals; Sodium Exports in Hong Kong SAR
In 2022, approx. 49 tons of alkali metals; sodia were exported from Hong Kong SAR; with a decrease of -35.9% against the previous year's figure. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 255% against the previous year. As a result, the exports attained the peak of 77 tons, and then contracted rapidly in the following year.
In value terms, alkali metals; sodium exports reduced sharply to $163K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 267% against the previous year. As a result, the exports attained the peak of $257K, and then contracted rapidly in the following year.
| Export of Alkali Metals; Sodium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 64.2 | 53.4 | 238 | 152 | 33.3% |
| Zambia | 11.4 | 11.5 | 14.4 | 9.5 | -5.9% |
| Malaysia | 6.1 | 4.8 | 4.6 | 2.3 | -27.8% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 81.7 | 69.9 | 257 | 163 | 25.9% |
Top Export Markets for Alkali Metals; Sodium from Hong Kong SAR in 2022:
- India (32.7 tons)
- Zambia (13.1 tons)
- Malaysia (3.4 tons)
Alkali Metals; Sodium Imports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in purchases abroad of alkali metals; sodia, when their volume increased by 384% to 925 kg. Over the period under review, imports, however, showed a dramatic decrease.
In value terms, alkali metals; sodium imports skyrocketed to $5.4K in 2022. In general, imports, however, showed a dramatic decrease.
| Import of Alkali Metals; Sodium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 16.2 | 5.4 | 0.7 | 3.6 | -39.4% |
| United States | 31.1 | 0.8 | 0.2 | 1.4 | -64.4% |
| Others | 3.6 | 3.6 | 0.1 | 0.4 | -51.9% |
| Total | 50.9 | 9.9 | 1.0 | 5.4 | -52.7% |
Top Suppliers of Alkali Metals; Sodium to Hong Kong SAR in 2022:
- Singapore (906.0 kg)
- United States (13.0 kg)
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