Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR - 2023

Contents:

  1. Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR (CIF) - 2022
  2. Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR (FOB) - 2022
  3. Imports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR
  4. Exports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR

Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR (CIF) - 2022

The average import price for perchlorates; bromates and perbromates; iodates and periodateses stood at $36,857 per ton in 2022, rising by 107% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 452%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.3% per year.

Price for Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR (FOB) - 2022

The average export price for perchlorates; bromates and perbromates; iodates and periodateses stood at $4,174 per ton in 2022, falling by -14.1% against the previous year. In general, the export price, however, showed a pronounced increase. The pace of growth was the most pronounced in 2015 an increase of 688% against the previous year. As a result, the export price attained the peak level of $21,549 per ton. From 2016 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 Malaysia ($7,241 per ton), while the average price for exports to Australia ($3,423 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 Spain (+143.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in supplies from abroad of perchlorates; bromates and perbromates; iodates and periodateses, which decreased by -99.3% to 35 kg in 2022. In general, imports showed a significant decrease. The smallest decline of -36.1% was in 2021.

In value terms, imports of perchlorates; bromates and perbromates; iodates and periodateses declined rapidly to $1.3K in 2022. Overall, imports faced a sharp descent. The smallest decline of -35% was in 2020.

Import of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom83.6N/AN/A1.3-75.0%
China86.023.148.2N/A-25.1%
Germany39.517117.2N/A-34.0%
Others10610.429.4N/A-47.3%
Total31520594.71.3-84.0%

Top Suppliers of Perchlorates; Bromates and Perbromates; Iodates and Periodates to Hong Kong SAR in 2022:

  1. United Kingdom (35.0 kg)

Exports of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR

In 2022, approx. 95 tons of perchlorates; bromates and perbromates; iodates and periodateses were exported from Hong Kong SAR; surging by 12% against the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of perchlorates; bromates and perbromates; iodates and periodateses dropped to $396K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55%.

Export of Perchlorates; Bromates and Perbromates; Iodates and Periodates in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia31.160.614724599.0%
MalaysiaN/AN/AN/A54.10%
United StatesN/A12151.539.6-42.8%
Singapore78.4N/AN/AN/A0%
Israel47.072.0N/AN/A53.2%
Brazil75.1N/AN/AN/A0%
Others15.212921256.755.1%
Total24738241039617.0%

Top Export Markets for Perchlorates; Bromates and Perbromates; Iodates and Periodates from Hong Kong SAR in 2022:

  1. Australia (71.7 tons)
  2. United States (8.2 tons)
  3. Malaysia (7.5 tons)

Source: IndexBox Market Intelligence Platform

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