Sulphides; Polysulphides Price in Hong Kong SAR - 2023
Contents:
- Sulphides; Polysulphides Price in Hong Kong SAR (FOB) - 2023
- Sulphides; Polysulphides Price in Hong Kong SAR (CIF) - 2022
- Sulphides; Polysulphides Exports in Hong Kong SAR
- Sulphides; Polysulphides Imports in Hong Kong SAR
Sulphides; Polysulphides Price in Hong Kong SAR (FOB) - 2023
The average sulphides; polysulphides export price stood at $31,697 per ton in May 2023, remaining stable against the previous month. Over the period under review, the export price recorded a strong increase. Over the period under review, the average export prices attained the maximum at $52,326 per ton in September 2022; however, from October 2022 to May 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to May 2023, the rate of growth in terms of prices for China amounted to +6.1% per month.
Sulphides; Polysulphides Price in Hong Kong SAR (CIF) - 2022
In 2022, the average sulphides; polysulphides import price amounted to $1,698 per ton, rising by 220% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 491%. As a result, import price attained the peak level of $8,547 per ton. From 2020 to 2022, the average import prices remained at a 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 Japan ($16,283 per ton), while the price for China totaled $498 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%).
Sulphides; Polysulphides Exports in Hong Kong SAR
In 2022, approx. 81 tons of sulphides; polysulphideses were exported from Hong Kong SAR; increasing by 35% compared with 2021. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 871%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, sulphides; polysulphides exports skyrocketed to $390K in 2022. Overall, exports saw a pronounced increase. The pace of growth was the most pronounced in 2021 with an increase of 337%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Sulphides; Polysulphides in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 356 | 41.3 | 170 | 390 | 3.1% |
| Ethiopia | 2.2 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 10.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 359 | 41.3 | 181 | 390 | 2.8% |
Top Export Markets for Sulphides; Polysulphides from Hong Kong SAR in 2022:
- China (81.4 tons)
Sulphides; Polysulphides Imports in Hong Kong SAR
In 2022, purchases abroad of sulphides; polysulphideses was finally on the rise to reach 325 tons after two years of decline. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; polysulphides imports surged to $552K in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment.
| Import of Sulphides; Polysulphides in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 858 | N/A | 0.7 | 401 | -22.4% |
| China | 62.1 | 24.5 | 7.5 | 148 | 33.6% |
| Others | 6.9 | 4.3 | N/A | 3.1 | -23.4% |
| Total | 927 | 28.7 | 8.3 | 552 | -15.9% |
Top Suppliers of Sulphides; Polysulphides to Hong Kong SAR in 2022:
- China (296.2 tons)
- Japan (24.6 tons)
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