Price for Chamotte or Dinas Earths in Hong Kong SAR - 2022

Contents:

  1. Price for Chamotte or Dinas Earths in Hong Kong SAR (CIF) - 2022
  2. Price for Chamotte or Dinas Earths in Hong Kong SAR (FOB) - 2022
  3. Imports of Chamotte or Dinas Earths in Hong Kong SAR
  4. Exports of Chamotte or Dinas Earths in Hong Kong SAR

Price for Chamotte or Dinas Earths in Hong Kong SAR (CIF) - 2022

The average chamotte or dinas earths import price stood at $51,000 per ton in 2022, with an increase of 24,778% against the previous year. Overall, the import price enjoyed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Macao SAR.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +31.5% per year.

Price for Chamotte or Dinas Earths in Hong Kong SAR (FOB) - 2022

In 2022, the average chamotte or dinas earths export price amounted to $597 per ton, jumping by 37% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($1,453 per ton), while the average price for exports to Malaysia ($436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamotte or Dinas Earths in Hong Kong SAR

In 2022, purchases abroad of chamotte or dinas earthses decreased by 99.9% to 5 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 101%. As a result, imports reached the peak of 199 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chamotte or dinas earths imports shrank remarkably to $255 in 2022. Overall, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 95%. As a result, imports reached the peak of $24K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Chamotte or Dinas Earths in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SARN/AN/AN/A0.30%
China1.52.22.1N/A18.3%
United Arab EmiratesN/A12.6N/AN/A0%
Italy9.78.92.6N/A-48.2%
Others1.00.22.9N/A70.3%
Total12.223.97.60.3-70.9%

Top Suppliers of Chamotte or Dinas Earths to Hong Kong SAR in 2022:

  1. Macao SAR (5.0 kg)

Exports of Chamotte or Dinas Earths in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of chamotte or dinas earthses, which decreased by -54.2% to 102 tons in 2022. Overall, exports showed a dramatic slump. The smallest decline of -32% was in 2020.

In value terms, chamotte or dinas earths exports shrank dramatically to $61K in 2022. Over the period under review, exports continue to indicate a sharp reduction. The smallest decline of -20.8% was in 2020.

Export of Chamotte or Dinas Earths in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia12010770.336.8-32.6%
Australia14.29.622.019.411.0%
United Kingdom4.25.14.64.52.3%
South Africa15.7N/AN/AN/A0%
OthersN/A0.5N/AN/A0%
Total15412296.860.8-26.6%

Top Export Markets for Chamotte or Dinas Earths from Hong Kong SAR in 2022:

  1. Malaysia (84.3 tons)
  2. Australia (13.4 tons)
  3. United Kingdom (4.1 tons)

Source: IndexBox Market Intelligence Platform

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