Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR - 2023

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR (CIF) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR (FOB) - 2022
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $57,568 per ton, jumping by 78% against the previous year. Over the period under review, the import price, however, recorded a mild slump. Over the period under review, average import prices attained the maximum at $75,044 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.1% per year.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $57,674 per ton, surging by 8.5% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2020 an increase of 219% against the previous year. As a result, the export price reached the peak level of $131,352 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($73,957 per ton), while the average price for exports to Uzbekistan totaled $43,836 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+139.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR

Imports of glycosides; rutoside (rutin) and its derivativeses into Hong Kong SAR skyrocketed to 250 kg in 2022, jumping by 34% on the year before. In general, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 149% against the previous year.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses surged to $14K in 2022. Over the period under review, imports, however, faced a deep reduction.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.40.83.414.4-4.2%
United States4.61.92.6N/A-24.8%
OthersN/AN/AN/AN/A0%
Total20.92.76.014.4-11.7%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Hong Kong SAR in 2022:

  1. China (250.0 kg)

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR

In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses exported from Hong Kong SAR dropped sharply to 144 kg, which is down by -52.5% against 2021 figures. In general, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 66%.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses fell markedly to $8.3K in 2022. Overall, exports faced a precipitous contraction. The smallest decline of -32.6% was in 2021.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia9.08.411.65.1-17.2%
UzbekistanN/AN/A3.03.26.7%
Russia25.66.8N/AN/A-73.4%
Paraguay17.5N/A0.2N/A-89.3%
Germany30.5N/AN/AN/A0%
Others32.58.81.2N/A-80.8%
Total11523.916.18.3-58.4%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Hong Kong SAR in 2022:

  1. Uzbekistan (73.0 kg)
  2. Indonesia (69.0 kg)

Source: IndexBox Market Intelligence Platform

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