Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Hong Kong SAR - 2023
Contents:
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR (CIF) - 2022
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR (FOB) - 2023
- Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR
- Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR (CIF) - 2022
The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $492 per ton in 2022, with an increase of 2.4% against the previous year. Over the period under review, the import price showed strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 the United States ($1,567 per ton), while the price for Vietnam ($90 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR (FOB) - 2023
In October 2023, the average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $1,451 per ton, picking up by 52% against the previous month. Over the period under review, the export price continues to indicate a noticeable increase. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 157% against the previous month. As a result, the export price reached the peak level of $2,303 per ton. From January 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Panama ($3,666 per ton), while the average price for exports to Canada ($526 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR
In 2022, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates into Hong Kong SAR declined significantly to 29K tons, with a decrease of -24.1% on 2021. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year.
In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates declined dramatically to $14M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of $18M, and then shrank remarkably in the following year.
| Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 5.7 | 11.2 | 11.6 | 22.6% |
| United States | 1.0 | 2.0 | 1.6 | 1.5 | 14.5% |
| Japan | 0.6 | 0.4 | 0.7 | 0.5 | -5.9% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Vietnam | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 1.6 | 1.8 | 0.3 | 0.1 | -60.3% |
| Malaysia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Italy | 1.6 | 0.3 | N/A | N/A | -81.3% |
| Others | 0.2 | 0.3 | 4.3 | 0.4 | 26.0% |
| Total | 11.6 | 10.9 | 18.5 | 14.3 | 7.2% |
Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Hong Kong SAR in 2022:
- China (25.7K tons)
- United States (0.9K tons)
- Vietnam (0.7K tons)
- Taiwan (Chinese) (0.6K tons)
- Japan (0.5K tons)
- Malaysia (0.3K tons)
- Thailand (0.1K tons)
Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR
In 2022, approx. 943 tons of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates were exported from Hong Kong SAR; with a decrease of -89.1% against 2021 figures. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 761% against the previous year. As a result, the exports attained the peak of 8.7K tons, and then declined remarkably in the following year.
In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates reduced dramatically to $1.1M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 771%. As a result, the exports reached the peak of $9M, and then declined remarkably in the following year.
| Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 589 | 440 | 4,843 | 711 | 6.5% |
| Ghana | N/A | 17.2 | N/A | 128 | 172.8% |
| Macao SAR | 114 | 106 | 85.2 | 82.8 | -10.1% |
| Tanzania | N/A | N/A | N/A | 23.3 | 0% |
| Kenya | N/A | N/A | N/A | 17.2 | 0% |
| Others | 375 | 466 | 4,037 | 124 | -30.8% |
| Total | 1,078 | 1,030 | 8,965 | 1,087 | 0.3% |
Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Hong Kong SAR in 2022:
- China (629.1 tons)
- Ghana (175.0 tons)
- Macao SAR (49.7 tons)
- Tanzania (25.0 tons)
- Kenya (25.0 tons)
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