Fluorine; Bromine Price in Hong Kong SAR - 2022

Contents:

  1. Fluorine; Bromine Price in Hong Kong SAR (FOB) - 2022
  2. Fluorine; Bromine Price in Hong Kong SAR (CIF) - 2022
  3. Fluorine; Bromine Exports in Hong Kong SAR
  4. Fluorine; Bromine Imports in Hong Kong SAR

Fluorine; Bromine Price in Hong Kong SAR (FOB) - 2022

In 2022, the average fluorine; bromine export price amounted to $6,196 per ton, with a decrease of -3.2% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorine; bromine export price decreased by -25.5% against 2015 indices. The growth pace was the most rapid in 2013 when the average export price increased by 86% against the previous year. The export price peaked at $8,320 per ton in 2015; however, from 2016 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 Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +39.9% per year.

Fluorine; Bromine Price in Hong Kong SAR (CIF) - 2022

In 2022, the average fluorine; bromine import price amounted to $16,702 per ton, surging by 55% against the previous year. In general, the import price saw a significant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 123%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($30,000 per ton), while the price for China ($7,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluorine; Bromine Exports in Hong Kong SAR

In 2022, fluorine; bromine exports from Hong Kong SAR skyrocketed to 2.4 tons, rising by 176% against the year before. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fluorine; bromine exports surged to $15K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fluorine; Bromine in Hong Kong SAR (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Vietnam5.615.1169.6%
OthersN/AN/A0%
Total5.615.1169.6%

Top Export Markets for Fluorine; Bromine from Hong Kong SAR in 2022:

  1. Vietnam (2.4 tons)

Fluorine; Bromine Imports in Hong Kong SAR

In 2022, supplies from abroad of fluorine; bromines decreased by -42.3% to 329 kg, falling for the second consecutive year after two years of growth. Overall, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 61%. As a result, imports attained the peak of 1.6 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, fluorine; bromine imports reduced to $5.4K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 156% against the previous year. As a result, imports reached the peak of $7.7K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Fluorine; Bromine in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.97.56.05.322.3%
ChinaN/A0.1N/AN/A0%
United KingdomN/A0.1N/AN/A0%
OthersN/A0.10.10.10.0%
Total3.07.76.15.421.6%

Top Suppliers of Fluorine; Bromine to Hong Kong SAR in 2022:

  1. United States (315.0 kg)
  2. United Kingdom (5.0 kg)
  3. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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