Price for Alkaloids, Vegetable; Ephedrine and Its Salts in Hong Kong SAR - 2023
Contents:
- Price for Alkaloids, Vegetable; Ephedrine and Its Salts in Hong Kong SAR (CIF) - 2022
- Imports of Alkaloids, Vegetable; Ephedrine and Its Salts in Hong Kong SAR
Price for Alkaloids, Vegetable; Ephedrine and Its Salts in Hong Kong SAR (CIF) - 2022
The average import price for alkaloids, vegetable; ephedrine and its saltses stood at $66,361 per ton in 2022, surging by 23% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 alkaloids, vegetable; ephedrine and its saltses decreased by -36.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 42%. As a result, import price attained the peak level of $103,831 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($68,857 per ton), while the price for India ($36,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alkaloids, Vegetable; Ephedrine and Its Salts in Hong Kong SAR
In 2022, overseas purchases of alkaloids, vegetable; ephedrine and its saltses were finally on the rise to reach 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decline.
In value terms, imports of alkaloids, vegetable; ephedrine and its saltses surged to $75K in 2022. Overall, imports, however, continue to indicate a precipitous curtailment.
| Import of Alkaloids, Vegetable; Ephedrine and Its Salts in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 177 | 128 | 18.2 | 72.6 | -25.7% |
| India | 0.4 | 1.4 | 0.1 | 0.8 | 26.0% |
| China | 13.4 | 2.9 | 0.2 | 0.5 | -66.6% |
| Others | 1.5 | 2.5 | 0.3 | 1.1 | -9.8% |
| Total | 192 | 135 | 18.8 | 75.0 | -26.9% |
Top Suppliers of Alkaloids, Vegetable; Ephedrine and Its Salts to Hong Kong SAR in 2022:
- Singapore (1086.0 kg)
- India (23.0 kg)
- China (7.0 kg)
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