Oxygen-Function Amino-Compounds Price in Hong Kong SAR - 2023
Contents:
- Oxygen-Function Amino-Compounds Price in Hong Kong SAR (CIF) - 2023
- Oxygen-Function Amino-Compounds Price in Hong Kong SAR (FOB) - 2022
- Oxygen-Function Amino-Compounds Imports in Hong Kong SAR
- Oxygen-Function Amino-Compounds Exports in Hong Kong SAR
Oxygen-Function Amino-Compounds Price in Hong Kong SAR (CIF) - 2023
The average oxygen-function amino-compounds import price stood at $2,188 per ton in September 2023, falling by -18% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 68% against the previous month. Over the period under review, average import prices hit record highs at $3,817 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Vietnam ($2,077 per ton) and China ($2,071 per ton), while the price for Brazil ($1,763 per ton) and Indonesia ($1,927 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Oxygen-Function Amino-Compounds Price in Hong Kong SAR (FOB) - 2022
In 2022, the average oxygen-function amino-compounds export price amounted to $5,285 per ton, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25%. As a result, the export price reached the peak level of $5,357 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,173 per ton), while the average price for exports to Macao SAR ($1,755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Oxygen-Function Amino-Compounds Imports in Hong Kong SAR
Oxygen-function amino-compounds imports into Hong Kong SAR fell to 7.9K tons in 2022, waning by -9.1% on 2021. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 8.7K tons, and then fell in the following year.
In value terms, oxygen-function amino-compounds imports expanded significantly to $17M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Oxygen-Function Amino-Compounds in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 4.5 | 5.0 | 6.8 | 6.7% |
| Indonesia | 3.4 | 3.0 | 3.9 | 3.5 | 1.0% |
| Taiwan (Chinese) | 3.5 | 2.9 | 3.4 | 3.0 | -5.0% |
| Brazil | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Singapore | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
| Vietnam | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Others | 2.8 | 2.9 | 2.8 | 2.5 | -3.7% |
| Total | 16.1 | 13.8 | 15.8 | 16.8 | 1.4% |
Top Suppliers of Oxygen-Function Amino-Compounds to Hong Kong SAR in 2022:
- China (3.4K tons)
- Indonesia (1.8K tons)
- Taiwan (Chinese) (1.6K tons)
- Brazil (0.3K tons)
- Singapore (0.2K tons)
- Vietnam (0.1K tons)
Oxygen-Function Amino-Compounds Exports in Hong Kong SAR
In 2022, approx. 1.7K tons of oxygen-function amino-compoundses were exported from Hong Kong SAR; with a decrease of -2.9% against the previous year's figure. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 43%.
In value terms, oxygen-function amino-compounds exports expanded markedly to $9.2M in 2022. In general, exports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year.
| Export of Oxygen-Function Amino-Compounds in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,455 | 2,717 | 2,892 | 2,919 | -13.1% |
| Singapore | 982 | 565 | 928 | 1,071 | 2.9% |
| Canada | 292 | 31.2 | 159 | 382 | 9.4% |
| Malaysia | 348 | 265 | 271 | 363 | 1.4% |
| United States | 486 | 596 | 667 | 361 | -9.4% |
| Macao SAR | 598 | 430 | 505 | 347 | -16.6% |
| France | 23.6 | 157 | 384 | 336 | 142.4% |
| Australia | 231 | 183 | 136 | 217 | -2.1% |
| Indonesia | 491 | 299 | 179 | 174 | -29.2% |
| Suriname | 161 | 124 | 103 | 134 | -5.9% |
| Vietnam | 140 | 37.5 | 51.6 | 68.8 | -21.1% |
| Others | 1,421 | 1,295 | 2,195 | 2,836 | 25.9% |
| Total | 9,628 | 6,699 | 8,471 | 9,208 | -1.5% |
Top Export Markets for Oxygen-Function Amino-Compounds from Hong Kong SAR in 2022:
- China (611.7 tons)
- Singapore (239.0 tons)
- Macao SAR (197.6 tons)
- Malaysia (89.3 tons)
- Canada (88.3 tons)
- France (72.4 tons)
- Australia (68.6 tons)
- Suriname (56.2 tons)
- United States (39.4 tons)
- Indonesia (27.0 tons)
- Vietnam (18.5 tons)
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