Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR - 2023
Contents:
- Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR (CIF) - 2022
- Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR (FOB) - 2022
- Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR
- Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR
Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR (CIF) - 2022
The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $459,600 per ton in 2022, falling by -21% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 237% against the previous year. The import price peaked at $582,000 per ton in 2021, and then dropped sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +17.6% per year.
Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $84,293 per ton, picking up by 4.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 73%. As a result, the export price attained the peak level of $186,205 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
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 China ($287,950 per ton), while the average price for exports to Myanmar stood at $66,270 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.7%).
Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR
In 2022, the amount of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves imported into Hong Kong SAR dropped notably to 5 kg, waning by -68.8% against 2021 figures. Over the period under review, imports showed a dramatic descent. The smallest decline of -44.8% was in 2021.
In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves shrank remarkably to $2.3K in 2022. Overall, imports showed a sharp descent. The smallest decline of -15.7% was in 2021.
| Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 0.4 | 0.1 | 2.3 | 15.3% |
| Indonesia | 22.1 | 9.5 | 8.4 | N/A | -38.3% |
| India | 13.1 | 1.1 | 0.7 | N/A | -76.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 36.7 | 11.1 | 9.3 | 2.3 | -60.3% |
Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Hong Kong SAR in 2022:
- Germany (5.0 kg)
Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR
After three years of growth, overseas shipments of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -11% to 508 kg in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%.
In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves shrank to $43K in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year.
| Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 25.5 | 30.2 | 28.4 | 30.9 | 6.6% |
| China | 4.6 | 8.4 | 10.6 | 11.5 | 35.7% |
| Others | 2.8 | 0.9 | 7.2 | 0.4 | -47.7% |
| Total | 33.0 | 39.5 | 46.1 | 42.8 | 9.1% |
Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Hong Kong SAR in 2022:
- Myanmar (466.0 kg)
- China (40.0 kg)
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