Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR - 2023

Contents:

1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR (CIF) - 2022
2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR (FOB) - 2022
3. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR
4. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR (CIF) - 2022

The average import price for imides and their derivatives; other kinds, excluding saccharins stood at $5,896 per ton in 2022, waning by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2013 an increase of 59%. The import price peaked at $8,047 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,746 per ton), while the price for Japan ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR (FOB) - 2022

The average export price for imides and their derivatives; other kinds, excluding saccharins stood at $2,874 per ton in 2022, with an increase of 19% against the previous year. In general, the export price, however, recorded a deep reduction. The export price peaked at $21,357 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -20.4% per year.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR

In 2022, approx. 184 tons of imides and their derivatives; other kinds, excluding saccharins were imported into Hong Kong SAR; jumping by 29% against 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins surged to $1.1M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Hong Kong SAR in 2022:

1. Japan (124.1 tons)
2. United States (60.0 tons)
3. China (0.1 tons)

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Hong Kong SAR

In 2022, the amount of imides and their derivatives; other kinds, excluding saccharins exported from Hong Kong SAR fell notably to 87 tons, waning by -65.1% compared with the previous year. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 203% against the previous year. As a result, the exports attained the peak of 249 tons, and then fell dramatically in the following year.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins shrank rapidly to $250K in 2022. In general, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of $604K, and then dropped significantly in the following year.

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Hong Kong SAR in 2022:

1. China (86.6 tons)

Source: IndexBox Market Intelligence Platform