Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR - 2022

Contents:

  1. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR (CIF) - 2022
  2. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR (FOB) - 2022
  3. Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR
  4. Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $487 per ton, with a decrease of -15.1% against the previous year. In general, the import price recorded a mild decline. The growth pace was the most rapid in 2021 an increase of 66% against the previous year. The import price peaked at $685 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($460 per ton), while the price for China stood at $460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%).

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR (FOB) - 2022

The average export price for briquettes, ovoids and similar solid fuels; manufactured from coals stood at $409 per ton in 2022, with an increase of 1.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 129%. As a result, the export price reached the peak level of $930 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($874 per ton), while the average price for exports to the UK totaled $378 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.9%), while the prices for the other major destinations experienced a decline.

Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR

In 2022, overseas purchases of briquettes, ovoids and similar solid fuels; manufactured from coals were finally on the rise to reach 56 tons after two years of decline. In general, imports, however, recorded a abrupt descent.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals skyrocketed to $27K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.714.97.522.07.5%
United Kingdom3.53.11.73.60.9%
MalaysiaN/AN/A5.5N/A0%
Others0.10.10.21.6152.0%
Total21.318.114.927.38.6%

Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Hong Kong SAR in 2022:

  1. China (47.8 tons)
  2. United Kingdom (7.9 tons)

Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR

In 2022, the amount of briquettes, ovoids and similar solid fuels; manufactured from coals exported from Hong Kong SAR shrank notably to 41 tons, with a decrease of -65.1% against the year before. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 3,136% against the previous year. As a result, the exports reached the peak of 118 tons, and then reduced sharply in the following year.

In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals reduced sharply to $17K in 2022. Overall, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 2,739%. As a result, the exports attained the peak of $48K, and then fell markedly in the following year.

Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.20.92.814.626.6%
Indonesia4.00.62.82.1-19.3%
IndiaN/AN/A41.9N/A0%
South Africa6.5N/AN/AN/A0%
Saudi Arabia12.6N/AN/AN/A0%
Others3.60.30.10.1-69.7%
Total33.81.747.616.9-20.6%

Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from Hong Kong SAR in 2022:

  1. United Kingdom (38.7 tons)
  2. Indonesia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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