Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR - 2023
Contents:
- Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR (FOB) - 2022
- Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR (CIF) - 2023
- Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR
- Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR
Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides amounted to $17,565 per ton, with an increase of 4.3% against the previous year. Over the period under review, the export price showed a prominent increase. The growth pace was the most rapid in 2013 an increase of 80%. The export price peaked at $17,734 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($20,608 per ton) and Malaysia ($19,642 per ton), while the average price for exports to China ($14,820 per ton) and Japan ($14,898 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR (CIF) - 2023
The average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $15,417 per ton in May 2023, therefore, remained relatively stable against the previous month. In general, the import price saw a relatively flat trend pattern. The import price peaked in May 2023.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From May 2022 to May 2023, the rate of growth in terms of prices for Portugal amounted to +0.8% per month.
Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR
In 2022, the amount of colouring matter; lithopone and other pigments and preparations based on zinc sulphides exported from Hong Kong SAR rose notably to 110 tons, with an increase of 6.4% against the previous year's figure. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides rose significantly to $1.9M in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 340 | 516 | 776 | 805 | 33.3% |
| China | 74.1 | 20.4 | 275 | 307 | 60.6% |
| South Korea | 239 | 105 | 226 | 192 | -7.0% |
| Malaysia | 51.1 | 117 | 57.0 | 177 | 51.3% |
| Thailand | 47.2 | 37.1 | 142 | 143 | 44.7% |
| Japan | 37.3 | 41.4 | 103 | 107 | 42.1% |
| India | 141 | 80.2 | 96.3 | 101 | -10.5% |
| Indonesia | N/A | N/A | 2.1 | 41.2 | 1861.9% |
| Others | 57.8 | 97.3 | 61.3 | 57.8 | 0.0% |
| Total | 988 | 1,014 | 1,738 | 1,930 | 25.0% |
Top Export Markets for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide from Hong Kong SAR in 2022:
- Taiwan (Chinese) (44.2 tons)
- China (20.7 tons)
- South Korea (11.0 tons)
- Malaysia (9.0 tons)
- Thailand (7.5 tons)
- Japan (7.2 tons)
- India (6.0 tons)
- Indonesia (2.0 tons)
Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR
In 2022, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides into Hong Kong SAR plummeted to 109 tons, which is down by -20.1% against the year before. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. As a result, imports attained the peak of 136 tons, and then contracted dramatically in the following year.
In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides contracted notably to $1.5M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 100%. As a result, imports attained the peak of $1.9M, and then dropped sharply in the following year.
| Import of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1.2 | 1.0 | 1.9 | 1.5 | 7.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.0 | 1.9 | 1.5 | 7.7% |
Top Suppliers of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide to Hong Kong SAR in 2022:
- Portugal (109.0 tons)
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