Ketone-Alcohols and Ketone-Aldehydes Price in Hong Kong SAR - 2023

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in Hong Kong SAR (FOB) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in Hong Kong SAR (CIF) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Exports in Hong Kong SAR
  4. Ketone-Alcohols and Ketone-Aldehydes Imports in Hong Kong SAR

Ketone-Alcohols and Ketone-Aldehydes Price in Hong Kong SAR (FOB) - 2022

The average ketone-alcohols and ketone-aldehydes export price stood at $4,233 per ton in 2022, rising by 76% against the previous year. In general, the export price showed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7,745 per ton), while the average price for exports to China amounted to $409 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-0.9%), while the prices for the other major destinations experienced a decline.

Ketone-Alcohols and Ketone-Aldehydes Price in Hong Kong SAR (CIF) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes import price amounted to $1,208 per ton, declining by -25.7% against the previous year. Overall, the import price saw a perceptible reduction. The growth pace was the most rapid in 2020 when the average import price increased by 38%. The import price peaked at $2,603 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,607 per ton), while the price for Germany ($101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Exports in Hong Kong SAR

After two years of growth, overseas shipments of ketone-alcohols and ketone-aldehydeses decreased by -70.2% to 28 tons in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 533% against the previous year. As a result, the exports attained the peak of 93 tons, and then fell markedly in the following year.

In value terms, ketone-alcohols and ketone-aldehydes exports declined significantly to $117K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 467% against the previous year. As a result, the exports reached the peak of $223K, and then fell markedly in the following year.

Export of Ketone-Alcohols and Ketone-Aldehydes in Hong Kong SAR (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany2.27.753.1391.3%
China0.314.98.2422.8%
United Kingdom0.839.7N/A4862.5%
Taiwan (Chinese)11.754.8N/A368.4%
Brazil15.449.1N/A218.8%
Others9.056.855.7148.8%
Total39.422311772.3%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Hong Kong SAR in 2022:

  1. China (19.9 tons)
  2. Germany (6.9 tons)

Ketone-Alcohols and Ketone-Aldehydes Imports in Hong Kong SAR

In 2022, the amount of ketone-alcohols and ketone-aldehydeses imported into Hong Kong SAR rose significantly to 71 tons, surging by 6.1% against 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 119%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, ketone-alcohols and ketone-aldehydes imports declined rapidly to $86K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $109K, and then dropped significantly in the following year.

Import of Ketone-Alcohols and Ketone-Aldehydes in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32.211.911.537.95.6%
Taiwan (Chinese)1.518.433.215.1115.9%
ChinaN/A0.96.95.4144.9%
Brazil1.22.63.81.814.5%
Canada0.30.91.30.626.0%
Germany0.40.80.90.40.0%
Others12.327.751.825.327.2%
Total47.963.110986.321.7%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Hong Kong SAR in 2022:

  1. India (52.4 tons)
  2. Taiwan (Chinese) (10.9 tons)
  3. Germany (3.5 tons)
  4. Brazil (1.6 tons)
  5. China (1.2 tons)
  6. Canada (0.8 tons)

Source: IndexBox Market Intelligence Platform

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