Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR - 2022

Contents:

  1. Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR (FOB) - 2022
  2. Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR (CIF) - 2022
  3. Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR
  4. Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR

Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR (FOB) - 2022

The average export price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) stood at $3,161 per ton in 2022, growing by 25% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 60%. Over the period under review, the average export prices reached the peak figure at $4,869 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,762 per ton), while the average price for exports to Australia totaled $212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-8.1%).

Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) amounted to $3,684 per ton, falling by -8.2% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. The import price peaked at $4,012 per ton in 2021, and then dropped in the following year.

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 Germany ($15,025 per ton), while the price for the United States amounted to $2,117 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.9%).

Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR

In 2022, the amount of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) exported from Hong Kong SAR rose significantly to 40 tons, surging by 14% against the previous year's figure. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,034%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) soared to $126K in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 314%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.924.118.621.722.2%
AustraliaN/A0.10.10.10.0%
SpainN/A0.6N/AN/A0%
Others0.225.469.7105706.7%
Total12.250.388.3126117.8%

Top Export Markets for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) from Hong Kong SAR in 2022:

  1. China (12.3 tons)
  2. Australia (0.3 tons)

Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR

In 2022, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) into Hong Kong SAR declined to 1.6 tons, shrinking by -8.8% against 2021 figures. In general, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 21%.

In value terms, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) contracted notably to $6K in 2022. Over the period under review, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year.

Import of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.92.23.43.0-27.6%
Germany10.72.63.73.0-34.5%
OthersN/AN/AN/AN/A0%
Total18.64.87.26.0-31.4%

Top Suppliers of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) to Hong Kong SAR in 2022:

  1. United States (1430.0 kg)
  2. Germany (197.0 kg)

Source: IndexBox Market Intelligence Platform

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