Price for Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR - 2023

Contents:

  1. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR (CIF) - 2022
  2. Price for Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR (FOB) - 2023
  3. Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR
  4. Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $20,770 per ton, with an increase of 73% against the previous year. Overall, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($65,167 per ton), while the price for China ($20,643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR (FOB) - 2023

In July 2023, the average export price for alkaloids, vegetable; caffeine and its saltses amounted to $15,619 per ton, reducing by -1.6% against the previous month. Overall, the export price continues to indicate a slight slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 0.1% against the previous month. Over the period under review, the average export prices attained the maximum at $17,968 per ton in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From December 2022 to July 2023, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -1.5% per month.

Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in purchases abroad of alkaloids, vegetable; caffeine and its saltses, when their volume decreased by -10.9% to 89 tons. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.

In value terms, imports of alkaloids, vegetable; caffeine and its saltses skyrocketed to $1.8M in 2022. Over the period under review, imports, however, saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6781,0341,1681,82339.1%
Germany3012.43.93.9-76.5%
Others2.0N/A20.416.0100.0%
Total9811,0371,1921,84323.4%

Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Hong Kong SAR in 2022:

  1. China (88.3 tons)
  2. Germany (0.1 tons)

Exports of Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR

In 2022, approx. 80 tons of alkaloids, vegetable; caffeine and its saltses were exported from Hong Kong SAR; growing by 22% compared with the previous year's figure. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 84%. As a result, the exports attained the peak of 82 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alkaloids, vegetable; caffeine and its saltses soared to $1.6M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 87%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Alkaloids, Vegetable; Caffeine and Its Salts in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.50.91.01.647.4%
OthersN/AN/AN/AN/A0%
Total0.50.91.01.647.4%

Top Export Markets for Alkaloids, Vegetable; Caffeine and Its Salts from Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (80.0 tons)

Source: IndexBox Market Intelligence Platform

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