Price for Sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenated in Hong Kong SAR - 2023

Contents:

1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR (FOB) - 2022
2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR (CIF) - 2022
3. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR
4. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR (FOB) - 2022

The average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $7,235 per ton in 2022, surging by 6.5% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($52,055 per ton), while the average price for exports to the Philippines ($2,043 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 Thailand (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $2,383 per ton, surging by 9.9% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 516%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,815 per ton), while the price for Taiwan (Chinese) ($1,713 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR

Exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds from Hong Kong SAR fell markedly to 184 tons in 2022, reducing by -54.5% on the year before. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of 405 tons, and then dropped dramatically in the following year.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds shrank rapidly to $1.3M in 2022. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $2.8M, and then fell significantly in the following year.

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Hong Kong SAR in 2022:

1. China (59.3 tons)
2. Philippines (57.3 tons)
3. Taiwan (Chinese) (42.5 tons)
4. Singapore (19.6 tons)

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Hong Kong SAR

In 2022, purchases abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds was finally on the rise to reach 525 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp decrease.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds soared to $1.3M in 2022. In general, imports, however, faced a sharp reduction.

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Hong Kong SAR in 2022:

1. Taiwan (Chinese) (361.0 tons)
2. China (128.1 tons)
3. United Kingdom (23.6 tons)

Source: IndexBox Market Intelligence Platform