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

Contents:

  1. Price for Alkaloids, Vegetable; Norephedrine and Its Salts in Hong Kong SAR (CIF) - 2022
  2. Imports of Alkaloids, Vegetable; Norephedrine and Its Salts in Hong Kong SAR

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

In 2022, the average import price for alkaloids, vegetable; norephedrine and its saltses amounted to $114,920 per ton, growing by 20% against the previous year. Overall, the import price recorded a measured expansion. The growth pace was the most rapid in 2020 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +10.0% per year.

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

In 2022, approx. 25 kg of alkaloids, vegetable; norephedrine and its saltses were imported into Hong Kong SAR; falling by -59.7% against 2021. Overall, imports faced a significant decrease. The smallest decline of -20% was in 2020.

In value terms, imports of alkaloids, vegetable; norephedrine and its saltses declined sharply to $2.9K in 2022. In general, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, imports reached the peak of $9K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alkaloids, Vegetable; Norephedrine and Its Salts in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3.53.42.02.9-6.1%
IndiaN/A1.4N/AN/A0%
Switzerland4.74.24.0N/A-7.7%
OthersN/AN/AN/AN/A0%
Total8.29.05.92.9-29.3%

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

  1. Taiwan (Chinese) (25.0 kg)

Source: IndexBox Market Intelligence Platform

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