Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $1,912 per ton, declining by -61% against the previous year. Over the period under review, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of 358% against the previous year. The export price peaked at $18,744 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 China amounted to -3.9% per year.
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $7,117 per ton in 2022, which is down by -25.8% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of 7.6%. The import price peaked at $58,600 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.8% per year.
Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR
In 2022, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates from Hong Kong SAR surged to 62 tons, jumping by 3,805% against the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates soared to $118K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 13.9 | 7.7 | 118 | 121.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.8 | 13.9 | 7.7 | 118 | 121.9% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Hong Kong SAR in 2022:
- China (61.7 tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR
After three years of growth, supplies from abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -95.9% to 497 kg in 2022. Overall, imports, however, recorded temperate growth. The pace of growth was the most pronounced in 2021 with an increase of 1,653%. As a result, imports attained the peak of 12 tons, and then reduced notably in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates reduced sharply to $3.5K in 2022. Over the period under review, imports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 1,158% against the previous year. As a result, imports attained the peak of $117K, and then contracted dramatically in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.8 | 9.3 | 8.1 | 3.5 | -15.5% |
| China | N/A | N/A | 109 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 9.3 | 117 | 3.5 | -15.5% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Hong Kong SAR in 2022:
- Netherlands (497.0 kg)
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