Carbonates; Strontium Carbonate Price in Hong Kong SAR - 2022

Contents:

  1. Carbonates; Strontium Carbonate Price in Hong Kong SAR (CIF) - 2022
  2. Carbonates; Strontium Carbonate Price in Hong Kong SAR (FOB) - 2022
  3. Carbonates; Strontium Carbonate Imports in Hong Kong SAR
  4. Carbonates; Strontium Carbonate Exports in Hong Kong SAR

Carbonates; Strontium Carbonate Price in Hong Kong SAR (CIF) - 2022

In 2022, the average carbonates; strontium carbonate import price amounted to $3,106 per ton, picking up by 4.7% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 81%. As a result, import price attained the peak level of $3,401 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany amounted to +16.3% per year.

Carbonates; Strontium Carbonate Price in Hong Kong SAR (FOB) - 2022

The average carbonates; strontium carbonate export price stood at $2,048 per ton in 2022, dropping by -2.9% against the previous year. In general, the export price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices reached the maximum at $2,492 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.1% per year.

Carbonates; Strontium Carbonate Imports in Hong Kong SAR

In 2022, approx. 1.3 tons of carbonates; strontium carbonates were imported into Hong Kong SAR; with a decrease of -27.7% against the year before. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 122% against the previous year.

In value terms, carbonates; strontium carbonate imports fell remarkably to $4K in 2022. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of $5.3K, and then fell markedly in the following year.

Import of Carbonates; Strontium Carbonate in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.62.75.23.9-5.4%
Others0.10.10.10.10.0%
Total4.72.85.34.0-5.2%

Top Suppliers of Carbonates; Strontium Carbonate to Hong Kong SAR in 2022:

  1. Germany (1292.0 kg)

Carbonates; Strontium Carbonate Exports in Hong Kong SAR

In 2022, overseas shipments of carbonates; strontium carbonates were finally on the rise to reach 12 tons after two years of decline. Overall, exports, however, recorded a noticeable curtailment.

In value terms, carbonates; strontium carbonate exports rose slightly to $25K in 2022. Over the period under review, exports, however, continue to indicate a pronounced descent.

Export of Carbonates; Strontium Carbonate in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.826.59.919.1-11.8%
IndiaN/AN/A3.1N/A0%
TurkeyN/AN/A11.2N/A0%
OthersN/AN/AN/A6.30%
Total27.826.524.225.4-3.0%

Top Export Markets for Carbonates; Strontium Carbonate from Hong Kong SAR in 2022:

  1. China (12.1 tons)

Source: IndexBox Market Intelligence Platform

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