Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR - 2023
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR (CIF) - 2022
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR (FOB) - 2022
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR
- Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR (CIF) - 2022
The average sulphates; alums; peroxosulphates (persulphates) import price stood at $493 per ton in 2022, dropping by -18.6% against the previous year. Overall, the import price saw a slight setback. The pace of growth was the most pronounced in 2020 an increase of 55% against the previous year. As a result, import price reached the peak level of $716 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 Japan ($6,029 per ton), while the price for China totaled $303 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.3%).
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR (FOB) - 2022
In 2022, the average sulphates; alums; peroxosulphates (persulphates) export price amounted to $7,613 per ton, rising by 12% against the previous year. Over the period under review, the export price posted a resilient expansion. The growth pace was the most rapid in 2019 an increase of 60% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
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 Chile ($14,119 per ton), while the average price for exports to Taiwan (Chinese) ($1,845 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 Chile (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR
Sulphates; alums; peroxosulphates (persulphates) imports into Hong Kong SAR declined rapidly to 21K tons in 2022, shrinking by -59.3% against the year before. In general, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports declined significantly to $10M in 2022. Overall, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 82%.
| Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.9 | 13.1 | 24.9 | 6.0 | -43.9% |
| Japan | 4.0 | 3.2 | 4.8 | 3.2 | -7.2% |
| Others | 0.1 | 0.5 | 1.1 | 1.0 | 115.4% |
| Total | 38.1 | 16.9 | 30.8 | 10.2 | -35.5% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Hong Kong SAR in 2022:
- China (19.7K tons)
- Japan (0.5K tons)
Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR
In 2022, approx. 1.6K tons of sulphates; alums; peroxosulphates (persulphates)s were exported from Hong Kong SAR; waning by -60.9% on 2021 figures. Over the period under review, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year.
In value terms, sulphates; alums; peroxosulphates (persulphates) exports contracted significantly to $12M in 2022. Overall, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 90%.
| Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.1 | 11.7 | 24.4 | 7.0 | -37.1% |
| Chile | 0.1 | 0.9 | 0.6 | 4.0 | 242.0% |
| Taiwan (Chinese) | 1.0 | 1.1 | 1.6 | 0.4 | -26.3% |
| Vietnam | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Malaysia | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | 0.5 | 0.4 | 0.1 | 0.1 | -41.5% |
| Papua New Guinea | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.6 | 0.4 | 0.6 | 0.3 | -20.6% |
| Total | 30.4 | 14.6 | 27.8 | 12.2 | -26.2% |
Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Hong Kong SAR in 2022:
- China (951.7 tons)
- Chile (283.3 tons)
- Taiwan (Chinese) (202.4 tons)
- Vietnam (77.1 tons)
- Malaysia (31.8 tons)
- Japan (24.3 tons)
- South Korea (10.0 tons)
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In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
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