Quinones; Anthraquinone Price in Hong Kong SAR - 2022
Contents:
- Quinones; Anthraquinone Price in Hong Kong SAR (FOB) - 2022
- Quinones; Anthraquinone Price in Hong Kong SAR (CIF) - 2022
- Quinones; Anthraquinone Exports in Hong Kong SAR
- Quinones; Anthraquinone Imports in Hong Kong SAR
Quinones; Anthraquinone Price in Hong Kong SAR (FOB) - 2022
The average quinones; anthraquinone export price stood at $9,171 per ton in 2022, dropping by -45.8% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44% against the previous year. As a result, the export price reached the peak level of $67,932 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -12.7% per year.
Quinones; Anthraquinone Price in Hong Kong SAR (CIF) - 2022
In 2022, the average quinones; anthraquinone import price amounted to $9,275 per ton, which is down by -21.6% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 26% against the previous year. The import price peaked at $64,971 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($10,107 per ton), while the price for Japan stood at $7,938 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.1%), while the prices for the other major suppliers experienced a decline.
Quinones; Anthraquinone Exports in Hong Kong SAR
In 2022, quinones; anthraquinone exports from Hong Kong SAR skyrocketed to 768 kg, increasing by 44% compared with 2021. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 436% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, quinones; anthraquinone exports fell dramatically to $7K in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 251% against the previous year. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Quinones; Anthraquinone in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 10.9 | 9.0 | 7.0 | 29.8% |
| South Africa | N/A | 0.5 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.3 | 11.5 | 9.0 | 7.0 | 28.5% |
Top Export Markets for Quinones; Anthraquinone from Hong Kong SAR in 2022:
- China (758.0 kg)
Quinones; Anthraquinone Imports in Hong Kong SAR
In 2022, approx. 160 kg of quinones; anthraquinones were imported into Hong Kong SAR; growing by 113% on 2021 figures. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 159%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, quinones; anthraquinone imports surged to $1.5K in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Quinones; Anthraquinone in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 897 | 490 | 772 | 1,032 | 4.8% |
| China | 128 | 40.0 | 115 | 283 | 30.3% |
| Others | N/A | N/A | N/A | 169 | 0% |
| Total | 1,025 | 530 | 887 | 1,484 | 13.1% |
Top Suppliers of Quinones; Anthraquinone to Hong Kong SAR in 2022:
- Japan (130.0 kg)
- China (28.0 kg)
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