Chlorates; of Sodium Price in Hong Kong SAR - 2023

Contents:

  1. Chlorates; of Sodium Price in Hong Kong SAR (CIF) - 2022
  2. Chlorates; of Sodium Price in Hong Kong SAR (FOB) - 2022
  3. Chlorates; of Sodium Imports in Hong Kong SAR
  4. Chlorates; of Sodium Exports in Hong Kong SAR

Chlorates; of Sodium Price in Hong Kong SAR (CIF) - 2022

In 2022, the average chlorates; of sodium import price amounted to $834 per ton, rising by 4.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 4.6% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, 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 +4.8% per year.

Chlorates; of Sodium Price in Hong Kong SAR (FOB) - 2022

The average chlorates; of sodium export price stood at $554 per ton in 2022, shrinking by -10.8% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 24%. Over the period under review, the average export prices attained the peak figure at $1,245 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +2.3% per year.

Chlorates; of Sodium Imports in Hong Kong SAR

Chlorates; of sodium imports into Hong Kong SAR surged to 656 tons in 2022, picking up by 1,392% against the previous year. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium imports skyrocketed to $547K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorates; of Sodium in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.44.54.0547631.1%
United States3.97.27.6N/A39.6%
Taiwan (Chinese)10.619.520.7N/A39.7%
Australia1.42.42.8N/A41.4%
OthersN/A1.6N/AN/A0%
Total17.435.235.1547215.6%

Top Suppliers of Chlorates; of Sodium to Hong Kong SAR in 2022:

  1. China (656.3 tons)

Chlorates; of Sodium Exports in Hong Kong SAR

In 2022, approx. 17 tons of chlorates; of sodia were exported from Hong Kong SAR; picking up by 12% against the previous year. Overall, exports, however, continue to indicate a perceptible slump.

In value terms, chlorates; of sodium exports reduced to $9.6K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year.

Export of Chlorates; of Sodium in Hong Kong SAR (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Papua New Guinea1.39.6N/A638.5%
Zimbabwe8.2N/AN/A0%
TanzaniaN/AN/AN/A0%
OthersN/AN/A9.60%
Total9.59.69.60.5%

Top Export Markets for Chlorates; of Sodium from Hong Kong SAR in 2022:

  1. Tanzania (undefined tons)

Source: IndexBox Market Intelligence Platform

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