Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $32,193 per ton in 2022, picking up by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. Over the period under review, average import prices hit record highs at $38,106 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($90,821 per ton), while the price for Taiwan (Chinese) ($23,373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $94,980 per ton, reducing by -96.7% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 3,164%. As a result, the export price attained the peak level of $2,850 per kg, and then contracted notably in the following year.
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 +2.6% per year.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR
In 2022, approx. 2.8 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were imported into Hong Kong SAR; with an increase of 150% against the previous year's figure. Overall, imports, however, saw a dramatic shrinkage.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses surged to $89K in 2022. In general, imports, however, faced a dramatic curtailment.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | N/A | N/A | 32.1 | 0% | |
| Germany | 236 | 29.8 | 31.2 | -63.6% | |
| United States | 4.3 | N/A | 25.2 | 142.1% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 241 | 29.8 | 88.6 | -39.4% | |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Hong Kong SAR in 2022:
- Taiwan (Chinese) (1373.0 kg)
- Germany (1100.0 kg)
- United States (278.0 kg)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR
In 2022, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Hong Kong SAR soared to 625 kg, jumping by 5,582% compared with the year before. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $59K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 242% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 9.2 | N/A | 56.2 | 135.6% |
| Others | N/A | N/A | 31.4 | 3.2 | -89.8% |
| Total | 4.3 | 9.2 | 31.4 | 59.4 | 139.9% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Hong Kong SAR in 2022:
- China (623.0 kg)
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