Price for Monophenols; Naphthols and Their Salts in Hong Kong SAR - 2023

Contents:

  1. Price for Monophenols; Naphthols and Their Salts in Hong Kong SAR (FOB) - 2022
  2. Price for Monophenols; Naphthols and Their Salts in Hong Kong SAR (CIF) - 2022
  3. Exports of Monophenols; Naphthols and Their Salts in Hong Kong SAR
  4. Imports of Monophenols; Naphthols and Their Salts in Hong Kong SAR

Price for Monophenols; Naphthols and Their Salts in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for monophenols; naphthols and their saltses amounted to $4,879 per ton, waning by -7.2% against the previous year. Over the period under review, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 83% against the previous year. The export price peaked at $9,682 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6,704 per ton), while the average price for exports to Costa Rica amounted to $4,412 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-2.5%), while the prices for the other major destinations experienced a decline.

Price for Monophenols; Naphthols and Their Salts in Hong Kong SAR (CIF) - 2022

The average import price for monophenols; naphthols and their saltses stood at $3,455 per ton in 2022, reducing by -57.3% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum at $12,476 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($16,171 per ton), while the price for China ($3,059 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Monophenols; Naphthols and Their Salts in Hong Kong SAR

In 2022, approx. 2.3 tons of monophenols; naphthols and their saltses were exported from Hong Kong SAR; picking up by 7.1% on 2021 figures. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, monophenols; naphthols and their salts exports declined modestly to $11K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1.1% against the previous year. As a result, the exports attained the peak of $11K, leveling off in the following year.

Export of Monophenols; Naphthols and Their Salts in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica8.38.38.38.2-0.4%
Netherlands2.72.73.23.25.8%
Others0.30.3N/AN/A0.0%
Total11.311.311.411.40.3%

Top Export Markets for Monophenols; Naphthols and Their Salts from Hong Kong SAR in 2022:

  1. Costa Rica (1.9 tons)
  2. Netherlands (0.5 tons)

Imports of Monophenols; Naphthols and Their Salts in Hong Kong SAR

In 2022, monophenols; naphthols and their salts imports into Hong Kong SAR skyrocketed to 18 tons, jumping by 101% against the previous year. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 438%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, monophenols; naphthols and their salts imports dropped to $64K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 238% against the previous year.

Import of Monophenols; Naphthols and Their Salts in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.1N/A0.153.5265.0%
BelgiumN/A0.10.16.3693.7%
South Korea0.1N/AN/A3.9239.1%
GermanyN/A53.073.3N/A38.3%
Italy14.6N/AN/AN/A0%
OthersN/A0.20.5N/A150.0%
Total15.853.474.063.759.2%

Top Suppliers of Monophenols; Naphthols and Their Salts to Hong Kong SAR in 2022:

  1. China (17.5 tons)
  2. South Korea (0.6 tons)
  3. Belgium (0.4 tons)

Source: IndexBox Market Intelligence Platform

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