Price for Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR - 2022

Contents:

  1. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR (CIF) - 2022
  2. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR (FOB) - 2022
  3. Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR
  4. Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR (CIF) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $158,273 per ton, rising by 15% against the previous year. Overall, the import price saw significant growth. The most prominent rate of growth was recorded in 2015 an increase of 106%. The import price peaked at $192,963 per ton in 2020; however, from 2021 to 2022, 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 the United States ($922,320 per ton), while the price for Australia ($8,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR (FOB) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals export price amounted to $15,718 per ton, with a decrease of -54.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 103%. As a result, the export price attained the peak level of $34,248 per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($261,833 per ton), while the average price for exports to Ireland ($1,382 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 Indonesia (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR

In 2022, supplies from abroad of pharmaceutical goods; waste pharmaceuticalses was finally on the rise to reach 2.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt downturn.

In value terms, pharmaceutical goods; waste pharmaceuticals imports soared to $377K in 2022. In general, imports, however, recorded a abrupt decrease.

Import of Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom374223148175-22.4%
Thailand0.379.990.993.3577.5%
United States24.618.03.269.241.2%
France27.451.94.415.9-16.6%
Malaysia7.710.19.58.63.8%
Australia30.711.112.78.4-35.1%
India0.30.40.15.7166.8%
PhilippinesN/A60.230.6N/A-49.2%
Others0.40.30.20.720.5%
Total466455300377-6.8%

Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Hong Kong SAR in 2022:

  1. Australia (1007.0 kg)
  2. Thailand (412.0 kg)
  3. United Kingdom (388.0 kg)
  4. France (266.0 kg)
  5. India (176.0 kg)
  6. United States (75.0 kg)
  7. Malaysia (50.0 kg)

Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR

In 2022, approx. 2.5 tons of pharmaceutical goods; waste pharmaceuticalses were exported from Hong Kong SAR; growing by 223% on the year before. In general, exports, however, continue to indicate a slight contraction.

In value terms, pharmaceutical goods; waste pharmaceuticals exports soared to $40K in 2022. Overall, exports, however, recorded a perceptible decrease.

Export of Pharmaceutical Goods; Waste Pharmaceuticals in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia35.535.115.222.6-14.0%
United Kingdom5.47.59.514.137.7%
Ireland0.83.61.62.342.2%
SingaporeN/AN/A0.10.3200.0%
IndonesiaN/A5.90.1N/A-98.3%
Others0.90.30.30.2-39.4%
Total42.652.526.739.6-2.4%

Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from Hong Kong SAR in 2022:

  1. Ireland (1667.0 kg)
  2. Malaysia (658.0 kg)
  3. Singapore (123.0 kg)
  4. United Kingdom (54.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; waste pharmaceuticals - Hong Kong SAR