Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $4,288 per ton, waning by -18.3% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +20.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49%. Over the period under review, average import prices attained the peak figure at $5,247 per ton in 2021, and then contracted rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($31,838 per ton), while the price for China amounted to $3,302 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $61,280 per ton in 2022, jumping by 1,579% against the previous year. In general, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +10.2% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR
In 2022, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 5.1% to 6.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt shrinkage.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol contracted to $28K in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.7 | 4.9 | 4.5 | 21.0 | 15.3% |
| Germany | 1.7 | 2.8 | 5.9 | 7.3 | 62.5% |
| United Kingdom | 2.6 | 2.0 | 2.1 | N/A | -10.1% |
| Singapore | 3.4 | 1.2 | 2.3 | N/A | -17.8% |
| Taiwan (Chinese) | 7.8 | 7.1 | 8.2 | N/A | 2.5% |
| Others | 13.2 | 7.2 | 9.9 | N/A | -13.4% |
| Total | 42.3 | 25.1 | 32.9 | 28.3 | -12.5% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Hong Kong SAR in 2022:
- China (6.4 tons)
- Germany (0.2 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR
In 2022, approx. 25 kg of alcohols; aromatic alcohols and derivatives, benzyl alcohol were exported from Hong Kong SAR; reducing by -99.8% against 2021. Over the period under review, exports faced a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 364% against the previous year.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol reduced remarkably to $1.5K in 2022. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 354% against the previous year. As a result, the exports attained the peak of $60K, and then dropped markedly in the following year.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | N/A | N/A | N/A | 1.5 | 0% |
| Russia | 6.3 | N/A | N/A | N/A | 0% |
| Ecuador | 3.8 | N/A | N/A | N/A | 0% |
| China | 1.5 | 6.4 | 12.5 | N/A | 188.7% |
| Vietnam | 6.6 | 0.7 | N/A | N/A | -89.4% |
| United States | 7.6 | 4.7 | 35.4 | N/A | 115.8% |
| Taiwan (Chinese) | 7.0 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | 5.3 | N/A | 0% |
| Australia | 1.5 | 0.4 | 1.2 | N/A | -10.6% |
| Brazil | 9.7 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 0.9 | 5.4 | N/A | 103.8% |
| Total | 45.6 | 13.2 | 59.8 | 1.5 | -68.0% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Hong Kong SAR in 2022:
- Macao SAR (25.0 kg)
263
This report provides an in-depth analysis of the aromatic alcohols market in Hong Kong SAR, China.
319
This report provides an in-depth analysis of the alcohols market in Hong Kong SAR, China.
469
This report provides an in-depth analysis of the global aromatic alcohols market.
893
This report provides an in-depth analysis of the global alcohols market.
263
This report provides an in-depth analysis of the aromatic alcohols market in Hong Kong SAR, China.
469
This report provides an in-depth analysis of the global aromatic alcohols market.
716
The global alcohol market revenue amounted to $56.1B in 2018, remaining stable against the previous year. This...
911
In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports stood at $X in 2016. In general, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports co...
2788
In 2016, the global imports of alcohol amounted to X tons, shrinking by -X% against the previous year level. In general, alcohol imports continue to indicate a slight deduction. The pace of gro...
1129
In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period fro...
2471
In 2016, the amount of alcohol exported worldwide stood at X tons, shrinking by -X% against the previous year figure. Overall, alcohol exports continue to indicate a abrupt decrease. The pace ...
952
In 2016, the global imports of alcohol stood at X tons, waning by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
1015
In value terms, alcohols exports amounted to $X in 2016. In general, alcohols exports continue to indicate a relatively flat trend pattern. Global alcohols export peaked of $X in 2013; however, ...
1417
The U.S. is one of the leaders in the global trade of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives. In 2014, the U.S. exported X thousand tons of alcohols and their halogenated, sulphonated, nitrated or nitrosat
