Sulphides; of Sodium Price in Hong Kong SAR - 2023
Contents:
- Sulphides; of Sodium Price in Hong Kong SAR (FOB) - 2022
- Sulphides; of Sodium Price in Hong Kong SAR (CIF) - 2022
- Sulphides; of Sodium Exports in Hong Kong SAR
- Sulphides; of Sodium Imports in Hong Kong SAR
Sulphides; of Sodium Price in Hong Kong SAR (FOB) - 2022
In 2022, the average sulphides; of sodium export price amounted to $876 per ton, surging by 63% against the previous year. In general, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 88%. The export price peaked at $1,011 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($6,374 per ton), while the average price for exports to Indonesia ($367 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 Pakistan (+79.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; of Sodium Price in Hong Kong SAR (CIF) - 2022
The average sulphides; of sodium import price stood at $651 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price saw a modest expansion. The pace of growth was the most pronounced in 2019 an increase of 16% against the previous year. As a result, import price reached the peak level of $682 per ton. From 2020 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 Taiwan (Chinese) ($2,042 per ton), while the price for China ($479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.
Sulphides; of Sodium Exports in Hong Kong SAR
In 2022, approx. 94 tons of sulphides; of sodia were exported from Hong Kong SAR; falling by -68.7% on the year before. In general, exports showed a significant decrease. The growth pace was the most rapid in 2021 with an increase of 1,106% against the previous year.
In value terms, sulphides; of sodium exports declined sharply to $82K in 2022. Overall, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 617% against the previous year.
| Export of Sulphides; of Sodium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 10.3 | 3.0 | 31.9 | 35.5 | 51.1% |
| India | 68.8 | 8.1 | 33.8 | 15.0 | -39.8% |
| Brazil | 12.5 | 2.3 | 15.3 | 10.7 | -5.1% |
| Thailand | 25.0 | 3.0 | 12.8 | 5.8 | -38.6% |
| Pakistan | N/A | N/A | 53.9 | 4.4 | -91.8% |
| South Africa | 20.5 | 1.9 | 6.4 | 2.2 | -52.5% |
| Indonesia | 13.3 | 1.2 | 4.0 | 1.4 | -52.8% |
| Others | 52.3 | 2.9 | 2.9 | 7.0 | -48.8% |
| Total | 203 | 22.5 | 161 | 82.0 | -26.1% |
Top Export Markets for Sulphides; of Sodium from Hong Kong SAR in 2022:
- Zambia (38.2 tons)
- India (20.8 tons)
- Brazil (12.0 tons)
- Pakistan (5.2 tons)
- Thailand (4.8 tons)
- Indonesia (3.8 tons)
- South Africa (3.1 tons)
Sulphides; of Sodium Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in purchases abroad of sulphides; of sodia, which decreased by 0% to 28 tons in 2022. In general, imports showed a significant decline. The smallest decline of -55.9% was in 2020.
In value terms, sulphides; of sodium imports stood at $18K in 2022. Over the period under review, imports saw a significant contraction. The smallest decline of -56.9% was in 2020.
| Import of Sulphides; of Sodium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.6 | 18.6 | N/A | 10.9 | -41.6% |
| Singapore | 4.7 | 3.4 | N/A | 2.2 | -22.4% |
| Macao SAR | N/A | N/A | N/A | 2.2 | 0% |
| Taiwan (Chinese) | 1.2 | 1.1 | N/A | 1.0 | -5.9% |
| Others | 1.5 | 3.7 | N/A | 2.1 | 11.9% |
| Total | 62.1 | 26.8 | N/A | 18.4 | -33.3% |
Top Suppliers of Sulphides; of Sodium to Hong Kong SAR in 2022:
- China (22.7 tons)
- Macao SAR (3.6 tons)
- Singapore (1.2 tons)
- Taiwan (Chinese) (0.5 tons)
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