Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR (FOB) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR (CIF) - 2022
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $1,448 per ton, rising by 27% against the previous year. In general, the export price, however, faced a deep setback. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. The export price peaked at $5,472 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,073 per ton), while the average price for exports to the Philippines stood at $832 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+49.4%).
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $3,169 per ton in 2022, rising by 42% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of 60%. Over the period under review, average import prices reached the peak figure at $5,179 per ton in 2015; however, from 2016 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 Taiwan (Chinese) ($4,098 per ton), while the price for the United States ($2,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the prices for the other major suppliers experienced a decline.
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, which decreased by -40.2% to 223 tons in 2022. Over the period under review, exports saw a dramatic decrease.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses shrank dramatically to $322K in 2022. In general, exports continue to indicate a sharp descent.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,618 | 976 | 402 | 224 | -60.4% |
| Philippines | N/A | N/A | 19.5 | 93.6 | 380.0% |
| Others | 2.6 | 3.0 | 3.2 | 4.5 | 20.1% |
| Total | 3,621 | 979 | 425 | 322 | -55.4% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Hong Kong SAR in 2022:
- Philippines (112.5 tons)
- China (108.0 tons)
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR
Imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Hong Kong SAR reduced sharply to 39 tons in 2022, falling by -81.3% against 2021. Overall, imports showed a dramatic slump. The smallest decline of -30.4% was in 2020.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses contracted remarkably to $124K in 2022. In general, imports saw a dramatic decrease. The smallest decline of -14.4% was in 2020.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 147 | 166 | 154 | 122 | -6.0% |
| United States | 1.7 | 159 | 1.4 | 0.1 | -61.1% |
| Belgium | 11.7 | 169 | N/A | N/A | 1344.4% |
| China | 757 | 309 | 240 | N/A | -43.7% |
| Others | 24.3 | 3.1 | 70.6 | 1.4 | -61.4% |
| Total | 942 | 806 | 466 | 124 | -49.1% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Hong Kong SAR in 2022:
- Japan (38.7 tons)
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