Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,468 per ton, increasing by 28% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 98% against the previous year. As a result, import price attained the peak level of $1,989 per ton. From 2018 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.7% per year.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $3,460 per ton in 2022, with an increase of 19% against the previous year. Overall, the export price recorded a pronounced expansion. The growth pace was the most rapid in 2015 an increase of 112%. Over the period under review, the average export prices attained the peak figure at $6,802 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 Cambodia amounted to +9.4% per year.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Hong Kong SAR declined rapidly to 27 tons, waning by -31.1% against 2021 figures. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 70%.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses reduced to $39K in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.4 | 21.7 | 38.1 | 26.5 | -13.8% |
| Others | 31.3 | 17.5 | 6.2 | 12.8 | -25.8% |
| Total | 72.7 | 39.2 | 44.3 | 39.2 | -18.6% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Hong Kong SAR in 2022:
- China (26.4 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses exported from Hong Kong SAR soared to 3.1 tons, rising by 68% compared with 2021 figures. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $11K in 2022. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 6.9 | 5.4 | 9.3 | -4.0% |
| Others | N/A | N/A | N/A | 1.5 | 0% |
| Total | 10.5 | 6.9 | 5.4 | 10.8 | 0.9% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Hong Kong SAR in 2022:
- China (3.1 tons)
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